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FM It was known in the 1993 Railways Act as the Peterborough Process. It was axed. The idea was that bidders would bid for slots every 8 weeks and the highest bidder would win. The reason why it was axed was because: a) The process would destroy the timetable, reduce the premia payable by the franchisee/ increase the subsidy payable to the franchisee; knacker the concept of interoperable ticketing; push freight further to the margins on the timetable than it already would be (monopoly track supplier + competitive OA freight operators = smaller bids for paths = pushed out of the way by richer passenger operators); be inefficient in terms of capital employed and in terms of demand management (sch 8 and 4 performance) etc etc etc..... You just seem to fail to understand that freight would have no chance of even getting on the bid scale unless it was for freight only lines/ secondary mains. They would be pushed out by the passenger operators every time. You don't understand that freight (which are OA operators and NOT franchisees) and OA passenger run because they only pay MARGINAL COSTS toward the infrastructure owner - there is a hidden subsidy whcih is basically paid by the Franchised operators as a quid pro quo for dominating the timetable; and you also singularly fail to understand that if the freight operators bid on the basis of full slots and paying full cost basis there would be very very few freight operators left in the UK. And Europe. Why? Because it is cheaper by truck thats why.   I work in the Railway Industry within the UK and am in the process of a degree covering this subject. Blow off about OA operators in the states if you want, that is your country. Do NOT  lecture me over why OA access is so superior to vertically integrated systems in the UK. - Especailly when we have had one sep infrastructure owner go bankrupt; a massive cost explosion from the bad old days of British Rail (an increase of subvention from roughly £1bn to 4.5bn per year) and the OA freight operators struggle to return barely 10% GROSS.
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