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But the inflated prices are also due to a lack of transparency and a failure of competition to reduce prices, says the commission.
It is also seeking views on "whether Local Transport Authorities should take measures to encourage competition, including whether franchising (where operators would compete for the right to provide services) might be required in cases where there has been a particularly marked failure of competition".
This puts GPs in the driving seat, and the success or failure of competition on quality depends largely upon the extent to which GPs use quality information to refer patients.
Similar(56)
Policymaking over the past half-century has relied on a narrow school of economic thought, dominated by a simplistic idea of "markets" and "market failures", of "competition" and "shareholder value".
Mr. REBACK: And so, to me and I think to the new head of Antitrust who has made a speech into this effect, what we're seeing now represents a failure of our competition policy.
Perth emphasised the fine margins between success and failure and the intensity of competition from Australia and elsewhere, but also the strength in depth that now exists across every class in British sailing.
For years, the failure of test-driven, competition-driven reform has been obvious - at least to people who spend time in actual schools.
In contrast, a failure of precopulatory male-male competition to repel rivals results in increased postcopulatory competition.
Joe Gorajec, executive director of the Indiana Horse Racing Commission, said the racing industry's failure to push harder for out-of-competition testing had created a major "blind spot".
Monopoly represented a lack of competition and failure of the free market.
Jadco has been heavily criticised for its failure to carry out a significant number of out-of-competition tests, conducting one in the six months before London 2012.
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