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C/L/542. Local Buses in Manchester are not operated in a completely laissez faire manner. Instead, the Greater Manchester Integrated Transport Authority has remit over various aspects of the bus network. Taking into account potential economic consequences, and excluding health and safety issues, discuss to what extent local bus transportation should be regulated or deregulated.
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Local Buses in Manchester are not operated in a completely laissez faire manner. Instead, the Greater Manchester Integrated Transport Authority has remit over various aspects of the bus network. Taking into account potential economic consequences, and excluding health and safety issues, discuss to what extent local bus transportation should be regulated or deregulated.
KEYWORDS: Bus services in Greater Manchester, deregulation, regulation, oligopolistic market, monopolistic market,
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