Thalys has been in the news this week – because its proposed merger with Eurostar is supposedly back on… … so it’s time to examine why a rent seeking monopolist firm like Thalys can even exist on the Brussels-Paris route

(2) Jon Worth on Twitter: “Well… it’s complicated. And how do I explain complicated stuff? With a diagram of course! You’re going to need a high resolution version of this! Find that here: https://t.co/9VCYfA81vD https://t.co/2Xa8bh95zq” / Twitter

Tweet thread:

Diagrams via: https://jonworth.eu/ThalysDiagram/