Since the mid-70s the European railway industry entered into crisis due to the harsh competition of other means of transport. The loss of modal share continued unrestrained for decades until recent past. Rail industry has been considered for a long time an integrated Natural Monopoly endemically inefficient but essential given its Public Service soul. Such belief is not necessarily true and the EU Agenda put the railways’ liberalization process among its priorities. This thesis tries to analyze the progress made and to envisage future outcomes. The theme is addressed by looking both to theoretical contributions and specific case studies. Some cross-country evidences are shown as well as useful considerations on potential risks for the development of sound competition.
|Educations||MSc in Management of Innovation and Business Development, (Graduate Programme) Final Thesis|
|Number of pages||87|