coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 … underlined with lessons from (European) electricity and railways. …What is a good balance between competition and coordination in network industries? Network unbundling aims to promote …

The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our …-term changes and the long-term impact on competition in the electricity market as well as the impact on costs and security of … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …

The Russian Federation is in the process of making major structural changes to its railway and electricity sectors …

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are …-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 …

general competition and sector specific frameworks and rules regarding the regulation of the Internal Energy Market …-by-case solutions, which lack the breadth of objectives expressed by sector regulation. On the other hand, sector regulation seems to … hierarchical priority over sector-specific rules and its direct application cannot be excluded when sector regulation is …

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 …

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 …

could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU … of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and …

In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity …