Rail market liberalization

Rail market liberalization refers to the process of opening up the railway industry to increased competition by reducing government control. This involves allowing private companies to operate train services, set fares, and compete with state-owned operators. The goal is to improve efficiency, service quality, and innovation, often leading to better prices and choices for passengers. By introducing market forces, liberalization aims to create a more dynamic and responsive rail system, balancing publicly owned infrastructure with private sector participation. It’s a shift from monopoly control towards a more competitive environment, ultimately benefiting consumers and the overall transportation network.