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      "text": "A requirement for TOCs to follow an open book approach could be implemented through the franchise re-letting process if necessary.",
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      "text": "Train operators are generally very sensitive about sharing their financial information with other parties. This is a significant barrier to implementing this scheme: some operators indicated that they might be willing to work with NR on an open book basis, but others were wary of this in case of information becoming visible to other operators; all operators stated that they would be very uncomfortable sharing their revenue and cost information with competitors – particularly in the lead-up to franchise bids",
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      "text": "There are a number of important reasons why an open book approach would be required in order for a cost and revenue sharing mechanism to be fully effective: partnerships are built on openness and trust; full visibility of revenues and costs would facilitate identification of whole system improvement opportunities; the costs and benefits of improvement opportunities may not be distributed equally between the parties... A fully open book approach would limit the scope for game playing",
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      "text": "… I don’t see a problem with sharing our business plan with NR …",
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