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As climate change augurs longer wildfire seasons, safe, reliable, and competitive energy and communications markets depend on sound infrastructure and well-calibrated regulation. The humble wooden utility pole, first deployed in America in 1844 to extend telegraph service, forms the twenty-first...
Persistent link: https://www.econbiz.de/10014254996
The aim of this paper is to give deeper insights into the impact of regulatory reforms and privatization on R&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU-countries over a period from 1985 until 2010, we find a strong...
Persistent link: https://www.econbiz.de/10010337284
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be replaced by external market mechanisms. This is a...
Persistent link: https://www.econbiz.de/10010423547
Although the allocative efficiency benefits of competition are a tenet of microeconomic theory, the relation between competition and technical efficiency is less well understood. Neoclassical models of profit-maximization subsume static cost-minimizing behavior regardless of market...
Persistent link: https://www.econbiz.de/10014028681
This paper explores the empirical effects of competition on technical efficiency in the context of electricity industry restructuring. Restructuring programs adopted by many U.S. states made utilities residual claimants to cost savings and increased their exposure to competitive markets. We...
Persistent link: https://www.econbiz.de/10005647381
State owned corporations have been serial offenders of competition law. Of the 21 abuse ofdominance complaints referred to the Tribunal between October 1999 and September 2016,13 involved former or current SOCs. SOCs often hold monopoly positions and control essentialinfrastructure and the...
Persistent link: https://www.econbiz.de/10012911698
This paper provides a positive and normative discussion of the role of competition law – and competition authorities – in fostering or hampering innovation in regulated industries, specifically the telecommunications industry. I combine an analysis of recent EU and American case law with a...
Persistent link: https://www.econbiz.de/10013067899
The rapidly advancing renewable energy market will result in new, complex legal questions, and the legal field must be willing to revive old antitrust doctrines if it wishes to continue to protect competition and consumers. The monopoly leveraging doctrine should be made useful again under...
Persistent link: https://www.econbiz.de/10013238442
This article examines the energy market restructuring in EU after the gradual liberalisation process of previous years and defines the application of European competition law to this framework of restructuring. We firstly present the different aspects of this restructuring and second we...
Persistent link: https://www.econbiz.de/10013069761
One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring, user prices, and terms of access in these sectors,...
Persistent link: https://www.econbiz.de/10014124546