New business models on the deregulated coach market in Central Europe

In many Central European countries, passenger transport markets have gone through a liberalization process, new business models and new brands have emerged, such as Flixbus, RegioJet, and Leo Express. Others have been less successful and have disappeared, such as Polskibus, Berlin Linien Bus and Meg...

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Bibliographic Details
Main Author: Ács Balázs
Corporate Author: Central European PhD Workshop on Technological Change and Development
Format: Book part
Published: Faculty of Economics and Business Administration Doctoral School in Economics Szeged 2020
Series:Proceedings of the Central European PhD Workshop on Technological Change and Development 4
Kulcsszavak:Üzleti élet - Közép-Európa, Autóbusz-piac - Közép-Európa, Versenyképesség, Versenypolitika
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Online Access:http://acta.bibl.u-szeged.hu/77652
Description
Summary:In many Central European countries, passenger transport markets have gone through a liberalization process, new business models and new brands have emerged, such as Flixbus, RegioJet, and Leo Express. Others have been less successful and have disappeared, such as Polskibus, Berlin Linien Bus and Megabus. Their story and the lessons learnt show that liberalized coach markets tend to return to oligopoly or monopoly, as in the case of Flixbus, which works on the deregulated coach market just like competent authorities do on regulated markets, however, without governmental control policy and use of public funds. Hungary is on the verge of deciding on liberalization as the public service contracts of incumbent bus operators expire at the end of 2019. This paper provides a general overview of the Hungarian coach system, (as there is hardly any reliable English language source on this topic), and tries to answer the question: could a commercial coach service – as a new business model – be viable in Hungary?
Physical Description:23-44
ISBN:978-963-306-741-3