Rail Regulation

Rail regulation involves laws and oversight that ensure the safety, efficiency, and fairness of rail transportation. It covers aspects like safety standards for trains and tracks, pricing, service quality, and competition among rail companies. Regulatory agencies monitor these areas to protect passengers, freight customers, and the public, ensuring the rail industry operates reliably and transparently. Essentially, rail regulation sets the rules and enforces compliance to keep rail systems safe, affordable, and accessible while encouraging fair competition.