In recent years, the challenges of environmental protection, railway privatisation, the impact of logistical requirements, and falling prices, among other things, have revolutionised freight transport markets. The forces of change have spurred new patterns of market organisation which may...

This report examines the form regulation should take in rail freight markets to promote efficiency in railways and the wider economy. It analyses issues of monopoly, scale economies, competition, mergers, ownership and the structure of the rail industry. Experience in North America, Australia,...