This paper provides a perspective from two economic regulators on the way in which economic regulation in the UK has developed over time. Regulation has delivered great benefits, but its development has been at odds with expectations at the time of privatisation. In particular, effective...

This article takes as its central theme the idea that competition policy is merely one among many policies which can and should be used to promote competition in an economy. After having considered the importance of competition for any healthy economy, the article examines the inextricable links...