Kirkpatrick, Colin; Parker, David; Zhang, Yin-Fang - Institute for Development Policy and Management (IDPM), … - 2004
Rate of return or cost of service regulation was the traditional means by which governments, especially in the USA …, regulated profitability and prices in privately-owned public utility businesses. However, rate of return regulation was … the difficulties that their regulators perceive in operating profit and price regulation regimes. …