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Competition policy for regulated utility industries in Britain

Subject

Economics

Publishing details

Regulation Initiative Working Paper Series

Publication Year

1996

Abstract

Competition policy questions for regulated utilities are becoming of increasing importance as market liberization progress in these industries develop. This paper first considers historical, technological & regulatory reasons why competition policy problems in the utilities are particulary difficult. The British institutional framework is described. The main section of the paper then analyses the principles & practice of competition policy for utilities under six headings: price discrimination & cross-subsidy; oligopolistic behaviour; megers & takeovers; vertical structure; network access pricing; & historical entry barriers. The conclusion discusses proposals for the reform of competition policy for utilities.

Publication Research Centre

Regulation Initiative (closed)

Series Number

1

Series

Regulation Initiative Working Paper Series

Available on ECCH

No


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