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Competition in Regulated Industries by Helm, Dieter Helm, Tim Jenkinson

Competition in Regulated Industries

by Helm , Dieter Helm , Tim Jenkinson
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Book cover type: Paperback
  • ISBN13: 9780198292524
  • Binding: Paperback
  • Subject: N/A
  • Publisher: OUP Oxford
  • Publisher Imprint: OUP Oxford
  • Publication Date:
  • Pages: 300
  • Original Price: USD 23.99
  • Language: English
  • Edition: N/A
  • Item Weight: 422 grams
  • BISAC Subject(s): General

The UK has pioneered the introduction of competition into previously monopolistic utility industries. Competition has been introduced progressively, starting with British Telecom, and continuing with the gas and electricity industries, where it is to be completed during 1998. In water, competition has so far been restricted to new developments, and it is said that it will be phased in once the initial franchises expire. These radical policy innovations have been controversial, and raise significant generic problems concerned with market design, regulation, corporate strategy and income distribution. The lessons from the UK provide an essential input into liberalization throughout the world, as well as helping to shape the transitional arrangements already in place in the UK.

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