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Great point - If they are one and the same then - I would prefer the option that gives the end client the option to get rid of the bad supplier. That way you are not stuck with a rubbish supplier. The nationalised British rail model does not allow for that option - which is why it is flawed.
for the avoidance of doubt - I cant stand some of the train operators currently running some services. But at least they can be got rid of. British Rail militant and unionised would be a disaster - even worse than what we have now.