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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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coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
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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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-based regulation to strengthen the necessary investment incentives. Regulatory emphasis is shifting from costreductions to promoting …
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