Fair pricing and regulation for transport
In transport, where competition and market forces are not in place to establish fair pricing, there needs to be economic regulation to ensure reasonable pricing for customers and better value for money for government.
Regulation and pricing is vitally important to drive the way industry behaves, it also has a big impact on the value of transactions, and organisations in regulated industries and those involved in deals need to build constructive relationships with their regulators.
Our experts talk to Paul McMahon, Deputy Director of Markets at the Office of Rail Regulation, about what fair pricing means, how to set fair access charges and how to use incentives to drive desired behaviour.
They share examples of how fair pricing has impacted on deals and how to ensure that organisations can establish a productive and mutually successful relationship with regulators to ensure the best outcome for the sector.
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