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Saving the Railroad Industry TO Death - The Evil of Economic Freight Rate Regulation
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[quote user="Datafever"] <p>By defining captivity as R/VC > 180%, then it is rather obvious that by definition the captive shippers will be paying a higher R/VC than the non-captive shippers. In fact, the average R/VC of those shippers who pay over 180% MUST be over 180%, while the average R/VC of those shippers who pay under 180% MUST be under 180%.</p><p>In fact, you would find similar results no matter where the line was placed - 140%, 200%, whatever. </p><p>[/quote]</p><p>Here's the solution: JUST INTRODUCE INTRAMODAL COMPETITION SYSTEMWIDE! Then we can all dispense with these subjective, manipulatable definitions of what *real* rail captivity is.<span class="smiley">[^]</span></p>
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