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.
Privatisation ☹️
Recently the fares were combined so we no longer need to get separate tickets for each
Having to buy different tickets for bus lines sounds miserable. Wtf.
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.