The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …

coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …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 …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing …

competition; on the other hand in the Third Energy Package, unbundling constitutes a measure of the sector specific regulation …In this paper we will examine the issue of ownership unbundling and forced divestiture remedies imposed in a series of … divestiture remedy has been imposed under the provisions of Article 9 of Regulation 1/2003. This divestiture refers to …

application of antitrust law to industries under the scope of sectoral regulation. Second, the preferred unbundling method … promote and protect competition in electricity and gas markets. This is done by imposing rules regarding the ‘unbundling’: the … imposed TPA and the different unbundling models. The contribution shows that both regimes have pursued a similar policy …

involved players. Mainstream economists suggest that unbundling of both the transmission (TX) network and the interconnections … compared to costs of unbundling (Kaserman and Mayo, 1991; Kwoka, 2002). Recent literature underlines that net effect is … empirical analysis to evaluate whether, and to what extent, unbundling measures are related to the increase of grid investments …

This paper aims at highlighting the Commission's approach towards the relation between sector specific regulation and … relation between sector regulation and competition law. Our intention is to offer a basis for comparison and counterarguments … American- and open to third parties, system for access to facilities. Futhermore, we note that recent regulation - Third Energy …

-reducing, EU law requires unbundling (separation) of the VIU networks. However, the EU allows its member states the choice between … incomplete (legal) and complete (ownership) unbundling. There is tantalizing anecdotal evidence that VIUs have tried to influence … are perceived as more corrupt are indeed more likely to apply weaker forms of unbundling. Somewhat surprisingly, we do not …