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@article{1338715,
author = {Tomeš, Zdeněk and Kvizda, Martin and Jandová, Monika and Rederer, Václav},
article_number = {April 2016},
doi = {http://dx.doi.org/10.1016/j.tranpol.2016.02.003},
keywords = {Competition; Railways; Czech Republic; Open access; Liberalisation; Vertical separation},
language = {eng},
issn = {0967-070X},
journal = {Transport Policy},
title = {Open access passenger rail competition in the Czech Republic},
url = {http://www.sciencedirect.com/science/article/pii/S0967070X16300397},
volume = {vol. 47},
year = {2016}
}
TY - JOUR
ID - 1338715
AU - Tomeš, Zdeněk - Kvizda, Martin - Jandová, Monika - Rederer, Václav
PY - 2016
TI - Open access passenger rail competition in the Czech Republic
JF - Transport Policy
VL - vol. 47
IS - April 2016
SP - 203-211
EP - 203-211
PB - Elsevier
SN - 0967070X
KW - Competition
KW - Railways
KW - Czech Republic
KW - Open access
KW - Liberalisation
KW - Vertical separation
UR - http://www.sciencedirect.com/science/article/pii/S0967070X16300397
L2 - http://www.sciencedirect.com/science/article/pii/S0967070X16300397
N2 - The paper analyses open access passenger railway competition in the Czech Republic between 2011 and 2014. This competition emerged when the major railway connection between Prague and Ostrava, which was operated only by the incumbent, was entered by two private operators, RegioJet in September 2011 and LEO Express in January 2013. Theoretical studies and experience from other countries suggest that this competition should lead to a price war, intensive market dynamics and product differentiation. The findings from the market development on the Prague – Ostrava route are broadly consistent with these predictions. The open access competition has led to an intensive price war with tariff declines reaching 46%. Innovative marketing and selling strategies have significantly increased the spread of prices, and price discrimination and yield management techniques are used extensively. All operators has been unprofitable on the line, leading to financial stress and accusations of predatory pricing on the part of the incumbent. The quality of service on the line has increased substantially with standardization, new on-board services and higher frequency. The average number of seats per train has declined significantly, and new operators have been able to win 55% market share from the incumbent. Service frequency is higher but is strongly concentrated during rush hours.
ER -
TOMEŠ, Zdeněk, Martin KVIZDA, Monika JANDOVÁ a Václav REDERER. Open access passenger rail competition in the Czech Republic. \textit{Transport Policy}. Elsevier, 2016, vol. 47, April 2016, s.~203-211. ISSN~0967-070X. doi:10.1016/j.tranpol.2016.02.003.
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