In message , at 14:41:06 on
Fri, 17 Jul 2009, Recliner remarked:
Leave The Market to sort everything out in everyone's best interests.
The Market is a benign force for Good, unlike Regulation, which is
Evil.

So you'd prefer that all NXEC's customers lost their money (tickets
bought in advance etc) if they cease trading?

Obviously that won't happen,

Because it's regulated, and not a free market.

but I wonder what the exact mechanism for the transfer will be? Will
the new DfT ECML operating company simply take over NXEC, complete with
all its staff, leases, assets, contracts, etc, or will there be some
messy transfer of all of these to the new company?

It seemed to work OK when GNER handed back the keys.
--
Roland Perry