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The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our research mainly relies on in-depth interviews with sector-experts from the German utilities. We will discuss both short-term changes and the long-term impact on competition in the...
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requirements, (international) benchmarking is not an adequate tool for the regulation of transmission system operators (TSO … high. The paper discusses options to reduce the weight of benchmarking in TSO regulation and options that do not rely on …
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shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …
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