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In December 1996, the Ministry of Transport decided to abolish
demand/supply adjustment regulations by a target date in principle in order
to build a transportation system that takes advantage of market forces to improve
convenience for people. The Ministry has also decided to take necessary measures
to protect people and secure safety to lay the groundwork for the abolition
of such regulations. In April 1997, the Ministry asked the Council for Transport
Policy to consider measures to be required for the abolition of the demand/supply
adjustment regulations. In June 1998, the advisory panel submitted recommendations
on the basic direction of transportation policies after the abolition of the
demand/supply adjustment regulations.
The recommendations spelled out the basic ideas on measures for the maintenance
of transportation services vital to people's daily lives, ensuring safety, protection
of consumers and other areas. In addition to the panel's recommendations, its
divisions on railway transportation, automobile transportation, shipping and
aviation issued their recommendations in April and June 1998 on how best to
lay the groundwork for the abolition of the demand/supply adjustment regulations
for the respective transportation modes. The Ministry will take appropriate
measures in consideration of these recommendations (Table
40).
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