An Aspect of Competition in Transport

Abstract

THE rapid succession of cost-reducing developments which have characterised the growth of road transport since the War, has been accompanied by a general apprehension that the rate and degree of obsolescence thereby sustained by already existing forms of transport involve some degree of Cwaste, the avoidance of which is only possible by some form of legally enforced protection; and that the more millions of pounds that are known to have been invested in the older forms of transport, the more deserving are they of some special dispensation from the otherwise inevitable consequences of such developments. It is intended to examine precisely what are these consequences, and to question their wastefulness.,