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This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in network industries like telecommunications, electricity...
Persistent link: https://www.econbiz.de/10010305103
Despite monopolistic networks and in contrast to all other EUmember states, the electricity supply industry in Germany is not ex ante regulated. Control of the sector is left to the cartel agency, which can apply the essential- facilities doctrine as an ex-post instrument. This paper analyses...
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This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in network industries like telecommunications, electricity...
Persistent link: https://www.econbiz.de/10010492296
The German energy transition massively alters the market structure of electricity supply and forces incumbent electric utilities to rethink their business strategies. We analyze three main developments that undermine the former market dominance of the “Big 4” incumbents in Germany. First,...
Persistent link: https://www.econbiz.de/10011450933
Most transmission systems in Europe are currently in need of large network expansions, in particular to cope with increasing shares of load remote renewable energy sources. Given that the scope for further cost reductions is largely exhausted, we observe a paradigm shift into the direction of...
Persistent link: https://www.econbiz.de/10010423164