discussing the interrelationship among privatisation, competition and regulation. The papers make reference to the experience of … an adequate regulatory framework to promote competition and, especially if rigorous market competition is lacking, to … protect the interests of consumers. Therefore, privatisation needs to be pursued in tandem with competition-enhancing policy …

, many of which can sustain effective competition. But owners of bottleneck facilities are often in a position to restrict or … limit the growth of competition. There is a growing realisation that fundamental structural changes are often necessary if … the full benefits of competition are to be achieved for users and consumers. This publication explores the nature and …