This paper studies how investment outcomes in a vertically related industry with a regulated monopolist and downstream competition are affected by diverse regulation imposed investment regimes and the nature of product market competition. We analyze the situation when the regulator determines...

This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of independence; b) partial ownership of the state in the regulated...

In this paper, we will analyse further the issue of concurrence between competition and sector rules and the relation between parallel concepts within the two different legal frameworks. We will firstly examine Third Party Access in relation to essential facilities doctrine and refusal of access...

Since airlines were deregulated, shareholders, management and workers, already well organized, have suffered severe, sometimes catastrophic losses, while the benefits have been spread among unorganized consumers and the investors and managers of new entrant airlines, which themselves have had a...

A considerable literature has extolled the virtues of transitioning away from rate-of-return regulation for infrastructure-intensive industries. I find that for a large-scale transmission network like the U.S. natural gas pipeline system, transmission capacity under rate-of-return regulation may...

The bloom is off the Big Tech rose. It seems nearly the entire political spectrum is angry with Amazon, Google and Facebook for one reason or another. This has led to a great deal of discussion on whether and how to regulate (or even break up) these platforms, including whether they should be...

Regional and local authorities award 54% of the public works contracts submitted to the Authority for the Supervision of Public Contracts. This paper analyses the regulations adopted in the period 2000–2010 in all Italian regions and a sample of provinces and municipalities and shows how...

The seven essays in this volume address different issues related to green and innovation procurement as well as more general challenges in public procurement. These studies address both general, abstract problems of optimal public procurement and concrete cases of national or even local public...

This paper discusses work on computable models of entry into regulated markets. Cournot, Stackelberg and Fringe entry are considered for the case where the incumbent operator's profitability is regulated and component pricing influences the desirability of entry. The simulation results...