EconPapers    
Economics at your fingertips  
 

Bus Competition in Ireland: Delayed by Regulatory Roadblocks

Patrick Massey ()

Economic Affairs, 2014, vol. 34, issue 3, 319-334

Abstract: Competition in local bus services in Ireland has been prohibited for more than 80 years, with the majority of services operated by state-owned monopolies. The Public Transport Regulation Act 2009 seemed to herald a radical departure. It established a new transport regulator and provided that, after an initial five-year period, routes would be opened up to competitive tendering unless an extension of the incumbents' monopoly rights was necessary to guarantee continuity of services. Yet in December 2013 the regulator decided to extend the state bus companies' monopolies on the vast majority of their routes until the end of 2019. This paper argues that there is no economic evidence to support this decision, which is reminiscent of the previous policy approach of protecting the state companies and raises concerns of possible regulatory capture. The paper calls for the phased introduction of competitive tendering of all routes currently operated by the state bus companies as quickly as possible.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1111/ecaf.12090 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ecaffa:v:34:y:2014:i:3:p:319-334

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0265-0665

Access Statistics for this article

Economic Affairs is currently edited by Philip Booth

More articles in Economic Affairs from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2020-07-15
Handle: RePEc:bla:ecaffa:v:34:y:2014:i:3:p:319-334