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 …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … effects is still lacking. In this paper we study the effect of legal unbundling on grid charges in the German electricity … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a …

promote and protect competition in electricity and gas markets. This is done by imposing rules regarding the ‘unbundling’: the … application of antitrust law to industries under the scope of sectoral regulation. Second, the preferred unbundling method …Non-discriminatory third-party access to transportation infrastructures in electricity - transmission and distribution …

Despite monopolistic networks and in contrast to all other EUmember states, the electricity supply industry in Germany …

. The insights are applied to the electricity supply industry in Germany. …This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a … network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … effects is still lacking. In this paper we study the effect of legal unbundling on grid charges in the German electricity … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a …

Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on … 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 …

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are …-reducing, EU law requires unbundling (separation) of the VIU networks. However, the EU allows its member states the choice between … incomplete (legal) and complete (ownership) unbundling. There is tantalizing anecdotal evidence that VIUs have tried to influence …

Electricity networks currently face massive investment requirements. This paper argues that, given the investment … requirements, (international) benchmarking is not an adequate tool for the regulation of transmission system operators (TSO … high. The paper discusses options to reduce the weight of benchmarking in TSO regulation and options that do not rely on …