The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in...

The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in...

The report has a high quality and discusses the main issues of regulation. The overall aim is that it reflects best practice regulation. Furthermore, AERA is an independent regulator accountable to democratic bodies. Also in that respect the regulatory institutions in India are well designed and...