Abstract
A new law on public transport came into effect in Finland in December 2009. According to the new law, regulators are not allowed to restrict competition between bus companies, unless it is necessary for ensuring adequate quantity and quality of transport services. Until 2009 bus companies had to apply for and be granted a licence for operating any given connection, which restricted competition between bus companies.
In this brief I look at how the Finnish long-distance bus market has changed from 2006 to 2017. The changes indicate that deregulating entry into the long-distance bus market has benefitted consumers. The supply of …read more
Source:: ETLA