F
Furr
Guest
- Thread starter
- #31
its all maggie thatchers fault 
How could she possibly think that competition on the railways would work,
there are many things which competition can apply too but not the railways. this is for the simple fact that although its considered privatised and it was percieved that competition would have (passed tense) driven the betterment of the service essentially the rail orgainsations still have a monopoly on there stretch of track, with the only other options being the even more expensive buses or cars.
I belive there are a few tracks that have dual ownership but its no real deal, anyway you still have one operator owning the train timetable postions for the rush hours and the public just want to get there, they arent going to care which service they get on as long as it get them there. plus demand is relativly inelastic for the rail service so the rail companies can hike up rail fares knowing the'll only lose a relativly small amount of buisness. Its a Lose, lose situation for the consumer for the rail serivice to be privatised.
How could she possibly think that competition on the railways would work,
there are many things which competition can apply too but not the railways. this is for the simple fact that although its considered privatised and it was percieved that competition would have (passed tense) driven the betterment of the service essentially the rail orgainsations still have a monopoly on there stretch of track, with the only other options being the even more expensive buses or cars.
I belive there are a few tracks that have dual ownership but its no real deal, anyway you still have one operator owning the train timetable postions for the rush hours and the public just want to get there, they arent going to care which service they get on as long as it get them there. plus demand is relativly inelastic for the rail service so the rail companies can hike up rail fares knowing the'll only lose a relativly small amount of buisness. Its a Lose, lose situation for the consumer for the rail serivice to be privatised.