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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 … underlined with lessons from (European) electricity and railways. …
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The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by … elasticity of power demand) the VAT on electricity. …
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