impact of market-based deregulation in the context of the U.S. electricity sector. We find that the increase in markups … dominates despite modest efficiency gains, leading to higher consumer prices. Deregulation does not necessarily reduce prices …

) monopoly thesis. Recently, however, a trend towards deregulation of such industries has been observed. This trend started with … the economies of scale have disappeared as a result of emerging new technologies. The successful deregulation in … substantial. Moreover, in addition to the deregulation process, the electricity sector is also subject to other changes such as …

Three decade ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation in … prices and increased quality, reliability, and scope of services. This book shows that we now have only partial deregulation …