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consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor …
Persistent link: https://www.econbiz.de/10013029089
consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor …
Persistent link: https://www.econbiz.de/10011123663
consumer interests: theoretically analyzing the decisions an authority takes on both the unbundling regime and the grid charge … consumer-oriented goals to always implement Ownership Unbundling. For a regulator acting in the interests of the industry or … the government, though, results suggest the authority to be indifferent between Legal and Ownership Unbundling; minor …
Persistent link: https://www.econbiz.de/10011324709
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 …
Persistent link: https://www.econbiz.de/10010423531
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 …
Persistent link: https://www.econbiz.de/10010423547
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 …
Persistent link: https://www.econbiz.de/10011932606
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 …
Persistent link: https://www.econbiz.de/10012850827
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 …
Persistent link: https://www.econbiz.de/10014187735
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 …
Persistent link: https://www.econbiz.de/10014114788
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 …
Persistent link: https://www.econbiz.de/10013142394