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Souter warns of MMC

3rd January 1991, Page 12
3rd January 1991
Page 12
Page 12, 3rd January 1991 — Souter warns of MMC
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Which of the following most accurately describes the problem?

• Bus companies could squeeze an extra 3% profits by controlling costs better, improving staff attitudes and encouraging innovation, says Stagecoach chairman Brian Souter.

But intervention by the Office of Fair Trading or Monopolies and Mergers Commission could lead to reregulation of the industry, he warned members of the Chartered Institute of Transport in London this week.

Souter advised operators to bid for light rail contracts and to run feeder services.


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