Hyper-régulation, liberté contractuelle limitée et propriété publique des infrastructures: le "Adam Smith Institute" explique en détails comment furent gâchées les multiples opportunités de la privatisation du rail britannique:
The history of Britain's rail industry is one of persistent abuse by government.
From Gladstone's “Parliamentary Train” to the glut of regulations surrounding today's rail industry, the hand of government has rarely been absent in the running of the railways. This has caused significant problems for railway operations and infrastructure maintenance.
Contrary to most people's perceptions, the sorry state of today's railways was caused not by privatization but by a long history of government interference and control. Privatization presented an opportunity to break the vicious cycle of underinvestment that led to degraded performance, but the opportunity was not taken.
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