Originally posted by cck_190:
[b]MONOPOLY
A monopoly is a situation whereby a company/organisation controls
something itself. Eg; In the past, SMRT monopolised all the rail
lines in Singapore.
Anyway, in some situations, a monopolised thing would be better.
[/b]
Yes , i agree with you.
Basically the degree of competition in Singapore bus and rail
services is very minimal. Maybe be with a merger, they will better
utilise their resources, achieve economy of scale.
Of course there are pros and cons here : as someone has mentioned,
without competition threre will have no improvements in
services.