Privately owned gas undertakings were subject to three different price regulation regimes during the inter-war years and were free to choose which regime applied to them. This paper investigates the determinants which caused undertakings to switch from one regime to another. Since the historical...

The ambition to create a single European market for electricity has been explicit since the Single European Act of 1988. This article investigates the degree to which this goal has been achieved in terms of the convergence of electricity prices. Two commonly used tests of convergence are...