France lived through a long period of nationalization until the early 1980s, when nearly all the largest industrial firms as well as all the banks and public services were state-owned. Since then, a series of privatization moves have caused the state sector to shrink. Public services present a...

The 1990s witnessed significant regulatory changes in several Spanish network industries, such as electricity, telecommunications, natural gas and oil. This article provides an assessment of these developments, aiming to ascertain what goals policy-makers sought to achieve with the deregulation...

The Smith Commission is charged with the rapid development of proposals for increased devolution of powers to the Scottish Parliament. One area very poorly covered in the past has been the interaction of devolved government with the regulatory state. While further powers will be devolved, there...

This paper analyzes how economic deregulation impacts resource reconfiguration in the electric utility industry. We argue that to understand strategic change in this industry, we need to understand how development and deployment of a firm's resources reflects path dependencies that nonmarket...

The economics of federalism is a broad discipline with more than five decades of experience. It may shed light on how regulatory jurisdiction is allocated in EU electricity and telecommunications markets. Specifically, this paper assesses the evolution of reform up to and including the third EU...

In this paper we will examine the issue of ownership unbundling and forced divestiture remedies imposed in a series of recent competition law cases of the energy market - examined in other papers - in relation to the possible existence of a series of legal obstacles. These energy market...

The EU regulatory framework for e-communications was adopted by the European Parliament and the Council in 2002, and became applicable from 2003. It has three primary objectives: (1) to promote competition; (2) to develop the single market; and (3) to promote citizens' rights. The European...

The economics of federalism is a broad discipline with more than five decades of experience. It may shed light on how regulatory jurisdiction is allocated in EU electricity and telecommunications markets. Specifically, this paper assesses the evolution of reform up to and including the third EU...

Spanish Abstract: La existencia de empresas públicas es un fenómeno habitual y económicamente significativo en la mayoría de los países. En este trabajo se analiza la existencia de empresas estatales en la región y en Uruguay, considerándose los motivos para su creación; las propuestas...

In December 2020, the Digital Markets Act (“DMA”) was proposed. It was prepared by the European Commission (“EC”) following several years of work. The DMA attempts to improve “fairness” and contestability” in the digital sector. The DMA acknowledges that some companies designated...