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 …

applied to the proposals for restructuring the Korean railways and electricity sectors …"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization …

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 …

, including railways,fulfilling universal service obligations into commercially competitive entities. Two, liberalization reforms … caused consistent decline of the sector over the past many decades. Previous attempts to reform the railways have failed due … prior institutional reforms such as unbundling and incorporation, and with a regulatory framework to induce and protect …

The Interstate Commerce Commission (ICC) is a classic example of regulation, and the origins and operation of this … agency have been much analyzed. These have been variously described as examples of public interest regulation, capture … regulation, and what I have called predatory regulation. By predatory regulation I mean that the agency (or law) is created …

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 …

sector regulation and objectives as a context within the process of implementation of competition law in the energy sector … and third, we will investigate how sector regulation in energy sector incorporates competition law principles and affirms … combined with the need for effectiveness and focus on other than competition objectives of sector regulation and we will result …

most policy objectives. In fact, gas and electricity market unbundling and/or liberalization imply higher degrees of … European gas and electricity markets are rationally aligned to the corresponding countries' divergent levels of 1) security, 2 …