The Passenger Train Industry as an Oligopoly

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The writer looks at the passenger rail industry; an oligopoly in most counties. The development of the industry into the oligopoly from the former monopoly structure is discussed, the short and long run behavior of the industry following the change, transaction costs and how firms may minimize these costs, the competitive influences and identifies data types that may be used for planning and management. Seven sources are cited in the bibliography of this six page paper.