Regulation of the Railways Post Privatisation



Regulation of the Railways Post Privatisation

WINNER OF The Neil Mansfield Award

Authors

SIRAUT J, Symonds Travers Morgan, UK

Description

British Rail (BR) has been consigned to the history books, replaced by approximately 100 private companies. The poll tax on wheels has, to the amazement of many, not only stayed on track but accelerated away like a Eurostar train emerging on the French si

Abstract

British Rail (BR) has been consigned to the history books, replaced by approximately 100 private companies. The poll tax on wheels has, to the amazement of many, not only stayed on track but accelerated away like a Eurostar train emerging on the French side of the Channel Tunnel.

Even with a sale as complex as BR's, privatisation was the easy part, on-going regulation of the industry will give regulators, politicians and policy makers headaches for years to come. This paper examines the structure of the post-privatised rail industry, some of the policy issues that may arise and potential policy responses.

Publisher

Association for European Transport