The DFT’s new guidance on concessionary fares reimbursement in England removes any incentive for operators to increase commercial fares and should be followed “to the greatest extent possible”, says the Competition Commission.
It praises the new guidance for adjusting reimbursement in the light of fare changes, saying this removes the incentive for operators to raise commercial fares so as to maximise concessionary fares revenue.
“We hope that the guidance will...
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