Multiple bus companies can be a good thing if done well. The busses in Taiwan are also privatized and the service is quite good. In Japan even the metro and rail networks compete in a private market.
When you privatize a company and make it a monopoly though you get the worst of both worlds.
You have multiple bus companies in one city?
Privatisation ☹️
Recently the fares were combined so we no longer need to get separate tickets for each
Multiple bus companies can be a good thing if done well. The busses in Taiwan are also privatized and the service is quite good. In Japan even the metro and rail networks compete in a private market.
When you privatize a company and make it a monopoly though you get the worst of both worlds.
Having to buy different tickets for bus lines sounds miserable. Wtf.