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Throughout the world, the rail industry historically has been one
of the most extensively regulated of all industrial sectors. In the
past three decades however, policymakers and economists have become
increasingly critical of traditional regulation of the rail
industry and it is generally accepted that in markets where
transportation carriers seek to meet demand, there is habitually
effective competition. Today, facilitating competition in the
railroad transport industry is frequently seen as beneficial.
Introducing competition enhances efficiency and innovation in the
competitive rail activities, enhances the range and variety of
products available to consumers, and focuses the regulatory
interventions on the core of the underlying network market
problems. This book examines the underlying policies and tools to
promote competition in the railroad market. Two of these tools,
vertical separation and the enforcement of intramodal competition,
are examined in more details. This book aims at decision makers
faced with the regulation of railroad industry and people
interested in the actual and future setting of railroad competition
all over the world.
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