Clause 14 - Establishment
Railways and Transport Safety Bill
3:00 pm
Mr Kelvin Hopkins (Luton North, Labour)
I am listening with interest. The hon. Lady suggests that regulators in the railway sector are becoming less significant. Regulators are established in naturally monopolistic industries, which were formerly publicly owned, in order to replace accountability to Parliament and the Government. Therefore, as the railway industry comes back towards Government and public ownership—I welcome that—is not it likely that the need for that kind of regulation will diminish?