De-regulation

[Mayneway]

RE: De-regulation
It's hard for me to comment given that I was only born in 1983, but I would say deregulation 'did' work. It got off to s shakey start but early/mid 90's were d-days hey day, certainly in Manchester. All the major corridors were awash with operators offering cheap fares, and even the small estate circulars saw competition between little gems and bee line.

The problems started with the GM split ( in Manchester anyway), the company should have been split into 4 instead of two. In later years both the 'big boy's have been allowed to swallow up to many smaller company's with out so much of a blink of an eye.

An example of what happened where I live in East Manchester. In 2005 Stagecoach bought Dennis's of Dukinfield. The office of fair trading gave the green light to the takeover as their was still sufficient competition from Maynes along Ashton new road, but in 2007 Stagecoach then bought Maynes wiping out that last bit of competition.
In my opinion the OFT should have insisted Maynes was sold to a different company, possibly an out side company such as transdev to keep an active amount of competition in the area.