To improve transport services, governments are exploring privatisation, liberalisation, clear contracts, and better monitoring of delivery to incentivise and reward good performance. Governments, regulators and the transport industry require advice on how to design, introduce and operate new regulatory approaches and to modify them in the light of experience.
At its core, our work combines our understanding of economics, markets and the use of price signals, with our detailed knowledge of how individual transport industries and markets are structured. We use this technical knowledge to diagnose where and how markets can better be regulated to deliver services to customers.
We advise globally, drawing on our team’s experience of market opening and regulation since the creation of the European Single Market, the liberalisation of European air travel, and the restructuring of Europe’s railways at the beginning of the 1990s. We have watched the effects of liberalisation, regulation and competition in the transport sectors including aviation, railways, buses and coaches, ferries and fixed transport links. Our core economic skills are supported by complementary experience in technical regulation, research, consultation and operational and financial modelling.
How we can help you
We can help government, regulators, industry and investors with a package of economics and related skills. Our core offer includes:
- Policy development and review
- Impact assessment
- Economic regulation
- Competition assessment and advice
- Incentive design and modelling
- Technical regulation