Business, Management and Accounting
8 years ago

European Railroads Face Fierce Competition, Changing Industry Dynamics Forever

Journal of Competition Law & Economics
COMPETITION AND THE RAILROADS: A EUROPEAN PERSPECTIVE
Günter Knieps

Paper Summary

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The article "COMPETITION AND THE RAILROADS: A EUROPEAN PERSPECTIVE" by Günter Knieps discusses the impact of competition on the railroad industry in Europe. The author, a Professor of Economics at Albert-Ludwigs-Universität Freiburg, Germany, presents a revised version of a paper from a conference in 2012. The main focus is on how competition affects the efficiency and performance of railroads. The key findings suggest that introducing competition in the railroad sector can lead to improved services and lower costs for consumers.