This title was first published in 2000. This work looks at the privatization of British Rail. It covers the competition for franchises and the regulation of those franchises. The study evaluates the extent to which the promotion of competition was an appropriate policy goal in the privatization of British rail. The book examines the rail system as a whole and looks at the prospects for the future.
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Table of Contents1. Introduction. 2. Privatisation and the Network Industries. 3. New Opportunities for Britain's Railways. 4. Competition for the Market: Creating the TOCs. 5. Competition for the Market: Franchising the TOCs. 6. Competition in the Market. 7. Conclusions and Prospects for the Future.