Amtrak, a modern day monopoly. In today's business world when an American thinks of a monopoly they usually think... Microsoft. Although Mac has been encrouching upon that in the past couple of years. When I think of monopolies my mind is immediately drawn to tAmtrak.
A Company where the prices are high and the service is marginal, Amtrak has bloomed into the only train company in town. At least the only train company that can get a person along the Northeast Corridor (I am not very familiar with corridors in other parts of the country). Due to the fact that they are the only game in town Amtrak can charg $111 for a train ticket from Washington =, Union Station to Trenton, NJ. That's how much it costs at 1 p.m. on a Friday. The same trip costs $58 at 12 a.m. on Sunday.
That's half price!
So, either Amtrak is lossing an incredible amount of money on their non-rush hour trains, or supply and demand is workinghighly in their favor. I'm inclined to believe the later.
On that note...will no philanthropus save us from these high prices and consistantly late trains?
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I dislike Amtrak... tomorrow I have to take a train from NYC to WRJ, and it's going to take my 9 HOURS!!! Plus I am paying a pretty penny, too. Total, I will be traveling for about 11 hours tomorrow, I suspect.
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