25 Feb '12, 8am

It is already unacceptable that the government gave SBS Transit and SMRT sectional monopolies. (The term...

It is already unacceptable that the government gave SBS Transit and SMRT sectional monopolies. (The term oligopoly is often used, but since the two companies don’t even run the same routes, I think the term ‘sectional monopolies’ is more accurate). Surely, in return for the right to operate sectional monopolies, the companies are expected to provide all the necessary levels of service and growth that are needed? It is not even that the government has been tight-fisted about approving fare increases. Almost every year, there has been an increase, and approvals to fare increase requests are liberally given on the basis that the companies should not be held back from being profitable.

Full article: http://yawningbread.wordpress.com/2012/02/25/pap-governme...

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