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Its almost as if the competition/markets do not sort everything out, they just reduce quality of service and drive up profits.
I suppose the mechanism for competition / consumer choice to change anything about railways is just pretty weak. Airline privatisation on the other hand seems to have worked pretty well. Not a natural monopoly, I suppose.
Its almost as if the competition/markets do not sort everything out, they just reduce quality of service and drive up profits.
See also what the Tories have been doing to the NHS.