The bus industry is facing up to two years of uncertainty following this month’s news that the Competition Commission is to investigate the market for local bus services outside London and Northern Ireland.
The referral by the Office of Fair Trading did not come as a great surprise, given the sentiments expressed in the OFT’s own market study of the industry published last August.
The OFT said there was evidence of monopoly or near monopoly provision of commercial services in some...
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