In the News

Competition Policy: Preston-to-Scotland rail fares capped

Graham Watson

6th December 2019

Here is a lovely example of competition authorities intervening to protect consumers.

In this case, the Competition and Markets Authority are concerned that FirstGroup and TrenItalia have monopoly power over rail routes into the West Coast of Scotland and so have intervened to cap fares.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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