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Legislation intoduced to make railroads subject to antitrust laws.
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[quote]QUOTE: <i>Originally posted by goat</i> <br /><br />How would "open access" handle something like when train operater A gets the bid to run down the track at 8 o'clock so operater B settles for an earlier departure at 7. Train B breaks down out on the mainline for several hours, train A who is your major compeditor can't get around you. Boats and trucks can easily just drive or sail around (usualy), but a train can't. Wouln't this type of thing be a major problem in a highly compedative environment? Or what if train B runs at a slower more ecconomical speed then track speed? <br /> <br />At least the way things are right now it would be CSX own fault for delaying another CSX train on a CSX line. <br />[/quote] <br /> <br />Assuming the breakdown causes financial loss for the other entities, then whomever is found responsible for the breakdown would be liable to the other entities. If the fault lies with the track owner, they will have to compensate B and A. If the fault lies with transporter B, they will have to compensate A and the track owner. This is why you carry liability insurance. You could conciebably have the same situation on a highway, wherein a wreck caused by trucking firm A that blocks traffic long enough to cause financial harm to trucking firm B, could result in firm B filing a claim against firm A. Only the government and an Act of God are exempt from liability.
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