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costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in …. A connected set of price caps exists so that a hybrid regulation consisting of any element in this set and the cost …
Persistent link: https://www.econbiz.de/10014470709
This paper analyses whether scale economies exists in the UK telecommunications industry. The approach employed differs from other UK studies in that panel data for a range of companies is used. This increases the number of observations and thus allows potentially for more robust tests for...
Persistent link: https://www.econbiz.de/10014075200
Persistent link: https://www.econbiz.de/10013137110
The European Commission (EC) and the European Courts have being reaffirming in the Deutsche Telekom and Telefónica cases that guide-prices established by sector regulators upon electronic communications incumbents cannot per se exclude that conducts with anticompetitive foreclosure effects,...
Persistent link: https://www.econbiz.de/10013005613
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...
Persistent link: https://www.econbiz.de/10010423531
Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...
Persistent link: https://www.econbiz.de/10010492455
In this article we chart the development of competition and deregulation of the British retail energy markets, explaining the evolution of competitive constraints when consumers are introduced to supplier choice for the first time. In the context of rising real energy prices for consumers, and...
Persistent link: https://www.econbiz.de/10014052667
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … and has been implemented in many jurisdictions. The idea of separating the network, as the natural monopoly, from … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a …
Persistent link: https://www.econbiz.de/10012850827
-world applicability of results compared to previous analyses. We show that a combined merchant-regulatory regulation, which draws upon a …
Persistent link: https://www.econbiz.de/10011427575