Competition in Regulated Industries

Overview


The UK has pioneered the introduction of competition into previously monopolistic utility industries--such as telecommunications, gas, electricity, railroads, and even waterworks. The radical policy innovations behind these moves have been controversial. This book looks at the lessons that have thus far emerged from the UK in this regard, considering the implications for future UK policies as well as for other countries following its precedent. The volume combines papers by independent experts with the work of ...
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Overview


The UK has pioneered the introduction of competition into previously monopolistic utility industries--such as telecommunications, gas, electricity, railroads, and even waterworks. The radical policy innovations behind these moves have been controversial. This book looks at the lessons that have thus far emerged from the UK in this regard, considering the implications for future UK policies as well as for other countries following its precedent. The volume combines papers by independent experts with the work of specialist regulators to provide a comprehensive analysis of the issues.
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Product Details

  • ISBN-13: 9780198292524
  • Publisher: Oxford University Press
  • Publication date: 4/28/1998
  • Pages: 294
  • Product dimensions: 14.50 (w) x 9.14 (h) x 0.65 (d)

Table of Contents

Contributors
Preface
Overview
1 Introducing Competition into Regulated Industries 1
2 Regulation, Competition, and the Structure of Prices 23
3 Network Industries 40
4 The Electricity Industry in England and Wales 77
5 The UK Gas Industry 108
6 Telecommunications 132
7 The Water Industry 160
8 The Rail Industry 175
9 The Generation and Supply of Electricity: The British Experience 193
10 Regulating Telecommunications 213
11 Competition in the Water and Sewerage Industry 234
12 Competition in the Rail Industry: The Regulatory Perspective 247
Bibliography 263
Index 273
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