scispace - formally typeset
Search or ask a question

How are regulated interurban bus markets around the world? 


Best insight from top research papers

Regulated interurban bus markets worldwide exhibit diverse characteristics. In Europe, intramodal competition is frequency-based, while intermodal competition relies on pricing, with routes serving low-income areas facing higher prices . In Germany, deregulation led to a significant increase in interurban bus passengers, with restrictions in place to prevent cannibalization of regional railway services . The entry of market leaders in the German interurban bus industry was influenced by factors like population density, central location, and the absence of competitors on certain routes . Latin American cities are undergoing regulatory reforms to formalize the industry, consolidating small operators into larger companies, albeit at increased costs and financial pressure on the public sector . These global examples highlight the varying approaches and impacts of regulations on interurban bus markets.

Answers from top 5 papers

More filters
Papers (5)Insight
Regulated interurban bus markets in Europe show intramodal competition based on frequencies and intermodal competition based on prices, with lower prices on routes with wealthier endpoints.
Not addressed in the paper.
Not addressed in the paper.
Book ChapterDOI
13 May 2021
2 Citations
Regulation of interurban bus markets has evolved due to deregulation of airlines and coaches, liberalization of rail services, and increased mobility, impacting competition and provision in various countries.
Not addressed in the paper.

Related Questions

What impacts does the liberalization of intercity bus markets have?5 answersThe liberalization of intercity bus markets has significant impacts on competition, service quality, profitability, and social welfare. Deregulation introduces intermodal competition, challenging traditional rail monopolies and leading to improved service quality but potentially reducing rail operators' profits. It can shift monopolies from rail to bus companies, affecting market shares and demand satisfaction. Liberalization may result in bus monopolies if quality and cost conditions are favorable, potentially requiring interventions to restore competition and enhance traveler numbers. The deregulation of interurban bus markets, as seen in Germany, has led to a substantial increase in passengers and the establishment of a dense bus network, impacting regional railway services to a limited extent. Overall, liberalization influences market dynamics, service provision, and social welfare in intercity transportation systems.
- Is there a problem for regulators with amazon?5 answersAmazon's role as a private regulator in the online marketplace has raised concerns for regulators. Amazon, as a global platform, acts as the primary de facto regulator of the marketplace it owns, which can lead to negative spillover effects and problematic relations with employees and suppliers. The rise of global platforms like Amazon, Google, Apple, Facebook, and Microsoft, that simultaneously act as regulators of their online marketplaces, has been compared to the "Secession of the Successful" described by Robert Reich, where the wealthy and powerful withdraw into private gated communities. While transaction-level norms like the 12 principles proposed by the Americans for Fair Electronic Commerce Transactions (AFFECT) coalition may not ensure fair treatment of all stakeholders, other forms of regulation may be more effective in achieving that goal.
Is there any regulation in the market?5 answersYes, there are regulations in the market. The pharmaceutical industry is one of the most strictly regulated industries worldwide, with governments imposing rules and regulations to protect public health and well-being. In addition, there are complex sets of laws and institutions that regulate the functioning of product and labor markets in each country. Economic regulation also plays a role in the market, with legal restrictions imposed on market agents to address market failures such as externalities, incomplete market information, and failing competition. Furthermore, regulators are taking action to address concerns about the environmental impacts of pharmaceutical products, proposing more extensive environmental testing and investigating mitigation measures. These examples demonstrate the presence of regulations in various markets.
What is the global perspective on public transport systems?5 answersPublic transport systems play a crucial role in global mobility, especially in developing countries where informal transport modes are often the only means of mobility for the poor. The need to reduce CO2 emissions from car traffic and the rising demands for mobility have led to discussions on the importance of public transportation and the development of ecologically sound and versatile vehicle systems. The evolution of transportation programs worldwide is driven by socio-economic factors, environmental concerns, and the quest for global economic efficiency. Increasing speed and efficiency in public transport operations have been a focus in recent decades. The current transport system poses challenges for the environment, human health, and sustainability, making sustainable transport a strategic priority at various levels.
Does competition improve city bus service ?5 answersCompetition in the city bus sector has been shown to have various effects on service quality and customer focus. Studies in Australia have found that introducing competitive tendering for bus services led to enhancements in service quality and increases in patronage. Similarly, a study in Santiago, Chile, found that tendered franchises resulted in lower fares and increased competition compared to blanket liberalization. However, it is important to note that competition alone may not be sufficient to improve bus service. Other factors such as government control, regulatory reforms, and complementary measures like improving capacity of regulatory agencies and traffic management are also necessary. Overall, while competition can have positive impacts on city bus service, it needs to be accompanied by appropriate regulatory frameworks and complementary reforms to ensure sustainable and reliable transport services.
What are the different ways that artificial intelligence is regulated in the world?5 answersArtificial intelligence is regulated in different ways around the world. The EU has emerged as a leader in comprehensive regulation, with a wide-ranging regulation of AI that addresses privacy concerns. In the field of finance, there is a regulatory framework that focuses on human responsibility and the need to address the "black box" problem of AI. In healthcare, Brazil has started the regulation of AI through the General Personal Data Protection Law, which recognizes the right to explanation and review of automated decisions. The use of AI in specific activities raises specific legal problems, and there is a need for harmonizing acts and internationally unified regulations. Additionally, the European Commission has proposed an Artificial Intelligence Act that adopts a market-oriented approach and recognizes the increasing role of AI in corporate decision-making.