(10 Sep 2013, 3:03 pm)eezypeazy wrote Yes, A1 Buses will be able to join NTL and share in the revenue. After your Fencehouses service is successfully established, you might want to try a service into Sunderland, thereby increasing your NTL revenue share. Let's say that you then build up a successful operation via Washington and Heworth to Newcastle and all is going well and that A Line want to sell to you and you want to buy them. You'll need to be careful at this stage - if you want to buy a neighbouring operation, you might find yourself referred to the Competition Commission. You'll need to declare your hand to the CC fairly early on in the negotiations, ie., before A Line tell you about their costs, margins, and fares, because such talk might breach competition law. Then the CC might block the deal if they rule that it would lead to a decrease in the amount of competition in the area....

Better idea: just start a taxi operation, there's far less regulation!

As well as generating revenue from passengers using my buses, buying out other operators - I am also generating an additional source of income from Network Ticketing.

The only thing I don't get - if my market share increases then according to your theory, I am entitled to a bigger share of the Network Ticketing revenue.
Except to get that extra revenue, I have to buy the equivalent shares to match that share of the network.

So if my market share is 15%. Then I need to buy 15% of the shares within Network Ticketing (basing this on your comments earlier that the % ownership of shares = the market share in Tyne & Wear).

What will happen then?
I decide to buy my 15%, meaning Mr Stagecoach and Mrs Go North East see their revenue drop.
They step up a gear, forcing me to axe my services into Sunderland.
Because of that, my market share has dropped to 5%, meaning presumably I have to sell 10% of my shares OR Stagecoach/GNE have to purchase more.