Competition in Regulated Industries

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Dieter Helm (Fellow, Fellow, New College, Oxford) Tim Jenkinson (Fellow, Fellow, Keble College, Oxford)

Competition in Regulated Industries

Dieter Helm (Fellow, Fellow, New College, Oxford), Tim Jenkinson (Fellow, Fellow, Keble College, Oxford)

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English

Oxford University Press
01 July 1998

Microeconomics; Business competition; Monopolies; Energy industries & utilities

Summary
Details

The UK has pioneered the introduction of competition into previously monopolistic utility industries. Competition has been introduced progressively, starting with BT, and continuing with the gas and electricity industries, where it is to be completed during 1998. In water, competition has so far been restricted to new developments, and it is said that it will be phased in once the initial franchises expire. These radical policy innovations have been controversial, and raise significant generic problems concerned with market design, regulation, corporate strategy and income distribution. The lessons from the UK provide an essential input into liberalization throughout the world, as well as helping to shape the transitional arrangements already in place in the UK.

This volume brings together independent experts with the specialist regulators to provide a comprehensive analysis of the issues. The common themes are drawn together in the introduction. The volume will be essential reading for utility companies, regulators, politicians and policy advisors.

Edited by: Dieter Helm (Fellow Fellow New College Oxford), Tim Jenkinson (Fellow, Fellow, Keble College, Oxford)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Dimensions: Height: 235mm, Width: 156mm, Spine: 17mm
Weight: 426g
ISBN: 9780198292524
ISBN 10: 019829252X
Pages: 294
Publication Date: 01 July 1998
Audience: Professional and scholarly , Undergraduate
Format: Paperback
Publisher's Status: Active