Transit
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TRANSIT CEASED PUBLICATION IN JUNE 2010

Industry attacks OFT’s decision to investigate buses

Robert Jack
06 March 2009
 

Britain’s bus industry has reacted with incredulity at the Office of Fair Trading’s decision to launch a market study into the supply of local bus services.

The OFT is conducting the investigation because the sector has become increasingly concentrated by takeovers, with nearly two-thirds of services now controlled by the UK’s ‘big five’ passenger transport groups. The study will consider whether concentration in the market has a positive or negative impact on the...

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