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Privatizing Rail: Lessons from the British Experience

A privatization plan which is micromanaged by government agencies, the British learned, can be as burdensome and problematic as direct government control. According to Iain Murray,Sr. Fellow with the Competitive Enterprise Institute, “a better route is the American model of freight rail deregulation. An industry that is vertically integrated and free to decide its own routes and prices without government interference is more likely to provide a better service at a lower cost than a highly regulated industry.”


Site URL: http://cei.org/pdf/4546.pdf
Date resource added: 16-Jun-2005
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