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
