http://nakedbus.com/nz/bus/news-2/media-releases/competitors-price-rises-disappointing Nakedbus.com - Cheap bus tickets | NZ bus fares from $1 | NZ's national low cost bus network Mon, 05 Dec 2011 01:59:18 +0000 hourly 1 http://wordpress.org/?v=3.1.1 http://nakedbus.com/nz/bus/news-2/media-releases/competitors-price-rises-disappointing#comment-88 Hamish Nuttall » Blog Archive » Auckland Bus fares up again Wed, 20 Dec 2006 03:21:16 +0000 http://64.65.60.7/2006/12/competitors%e2%80%99-price-rises-disappointing/#comment-88 [...] Posted by Hamish on December 19th, 2006 No TagsAuckland Regional Transport Authority has just announced that bus fares will rise again in the New Year. I comment elsewhere that these rises may be counter-productive. They also show what happens when bus companies do not compete in the market. In New Zealand, most of the competition is for the market - not in the market. What this means is that companies compete for the right to run services. There is almost no competition for passengers once services are running. This means that there is little incentive to reduce prices for passengers. Price rises ahead of inflation several years running do not indicate healthy competition! [...] [...] Posted by Hamish on December 19th, 2006 No TagsAuckland Regional Transport Authority has just announced that bus fares will rise again in the New Year. I comment elsewhere that these rises may be counter-productive. They also show what happens when bus companies do not compete in the market. In New Zealand, most of the competition is for the market – not in the market. What this means is that companies compete for the right to run services. There is almost no competition for passengers once services are running. This means that there is little incentive to reduce prices for passengers. Price rises ahead of inflation several years running do not indicate healthy competition! [...]

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