Here in Portugal, the formerly national rail line "Comboio Portugal" was privatized and sold off to 1 (one) company. This was the stupidest possible thing we could have done. They promptly shutdown many interior (lower profit) lines and left many areas as transport-deserts, shifting even MORE traffic to our limited roads infrastructure (the entire eastern side of Coimbra just shut down afterwards as a result. It's still low-value real-estate for precisely the lack of transport. The famous Lousã line etc.) Nevermind that this monopolistic idiocy was repeated across telecom and other industries, focusing purely on railways, we have basically coastal coverage with some select lines through the interior (The once-a-day Alfa Pendular Lisboa-> Madrid line, for example)
Our railway decadence roughly mirrors the US rail decline, as cars clearly dominate the Iberian peninsula...