This paper compares electricity market reforms in the European Union with reforms in Chile and Brazil. The paradigm of … present the institutional framework as well as the development of electricity markets in the European Union, Chile and Brazil … electricity companies and transnational competition, Chile and Brazil have only partially liberalized their electricity sector …

without making strong assumptions. Results from another three countries (Canada, Chile and the United States) corroborate the …-analysis techniques, we summarise the results for five Latin American countries (Argentina, Brazil, Colombia, Mexico and Peru) that use …