Acquisition, efficiency and scale economies: An analysis of the British bus industry
(2002)
Journal Article
Cowie, J. (2002). Acquisition, efficiency and scale economies: An analysis of the British bus industry. Transport Reviews, 22(2), 147-157. https://doi.org/10.1080/014416400110076267
The British Bus industry has undergone considerable transformation since privatization. Five major operators have emerged to dominate the market, a position almost exclusively attained through acquisition. This paper reviews the economies of scale ar... Read More about Acquisition, efficiency and scale economies: An analysis of the British bus industry.