Utility Regulation and Competition Policy

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In this book, the latest volume in the annual series published in association with the London Business School and the Institute of Economic Affairs, some of the main issues in United Kingdom and European Union utility regulation and competition policy are discussed. Topics examined include and new electricity and gas trading markets, regulating the railways, introducing competition into water, telecoms and Ofcom, opening European Union and electricity markets, the 1998 Competition Act, European Union merger policy and a general review of privatization and regulation in Britain. Essays by expert commentators are followed in each case by comments from the relevant regulator.

Contents: 1. The New Electricity Trading Arrangements in England and Wales: A Review (David Currie, Chairman's Comments, Callum McCarthy) 2. A Critique of Rail Regulation (Dieter Helm, Chairman's Comments, Tom Winson) 3. Moving to a Competitive Market in Water (Colin Robinson, Chairman's Comments, Sir Ian Byatt) 4. The New Gas Trading Arrangements (George Yarrow, Chairman's Comments, Eileen Marshall) 5. A Review of Privatization and REgulation Experience in the UK (Irwin M. Stelzer, Chairman's Comments, Stephen Littlechild) 6. Converging Communications: Implications for Regulation (Mark Armstrong, Chairman's Comments, David Edmonds) 7. Opening European Electricity and Gas Markets (Graham Shuttleworth, Chairman's Comments, Clare Spottiswoode) 8. Concurrency or Convergence? Competition and Regulation Under the Competition Act 1988 (Tom Sharpe QC, Chairman's Comments, Geoffrey Horton) 9. Ten Years of European Merger Control (Paul Seabright, Chairman's Comments, Derek Morris)

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Editorial Reviews

A collection of nine lectures, accompanied by comments from regulators and ex-regulators, applying economic concepts to the promotion of utility deregulation. Presented by Robinson (economics, U. of Surrey, UK) the lectures primarily focus on British industries promoting the deregulation of electricity, rail, water, gas, and communications industries. A few lectures address broader issues, looking at deregulation across Europe and European Union merger control. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9781840648508
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 5/1/2002
  • Pages: 240
  • Product dimensions: 6.30 (w) x 9.30 (h) x 1.00 (d)

Table of Contents

List of figures and tables
Abbreviations and acronyms
Notes on the authors
Michael Beesley's contribution to privatization, competition and regulation
1 The new electricity trading arrangements in England and Wales: a review 1
Chairman's comments 17
2 A critique of rail regulation 19
Chairman's comments 42
3 Moving to a competitive market in water 44
Chairman's comments 63
4 The new gas trading arrangements 66
Chairman's comments 79
5 A review of privatization and regulation experience in the UK 82
Chairman's comments 96
6 Converging communications: implications for regulation 99
Chairman's comments 125
7 Opening European electricity and gas markets 128
Chairman's comments 160
8 Concurrency or convergence? Competition and regulation under the Competition Act 1998 164
Chairman's comments 176
9 Ten years of European merger control 180
Chairman's comments 200
Index 204
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