Abstract
Abstract Transport regulation in the USA has undergone radical reforms over the past decade. This paper looks specifically at the comparatively neglected topic of the 1982 Bus Regulatory Reform Act which liberalized the regulations governing US inter‐city bus transport. The Act represented a significant reform of the 1935 legislation which had formed the basis of regulation for nearly fifty years. It liberalized entry and fare controls and gave power to the Interstate Commerce Commission to override State decisions. The paper details the changes, examines their rationale and assesses the impact they have exerted on the US inter‐urban bus industry. The general conclusion is that overall the Act has been beneficial in improving the economic efficiency of carriers although some minor reservations must be retained regarding its adverse effects on smaller towns and rural areas.
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