OFT suggests behavioural remedies

If last week’s Office of Fair Trading report is a guide, then a Competition Commission inquiry into the bus industry could bring about welcome changes for many local transport authorities.

The Office of Fair Trading has often been characterised as being one of the enemies of integrated public transport. But many in the transport planning community may welcome some of its suggested remedies to market failure in the bus industry.

The report itself is actually only a staging post in the market investigation first announced this spring (LTT 13 Mar). After sifting the evidence, the OFT has concluded that there is a strong case for a full-blown Competition Commission investigation into...

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