Overview

Eleven years after the first utility privatisation, the agenda has moved from whether privatisation will do better than its state predecessor to the question of how to do better with privatisation. The future of regulation seems very uncertain. The stakeholders consumers, politicians, the companies themselves and their shareholders are increasingly critical. Regulatory processes have borne the brunt of criticism. Conflicting remedies are suggested for the problems which have arisen. Should there be more competition? Should regulators' powers be increased and perhaps widened? Should some of their Offices be amalgamated? Should the respective powers of the Office of Fair Trading and the Monopolies and Mergers Commission be reconsidered? Should government become more involved in regulation? Each year the IEA, in association with the London Business School, publishes a volume of Readings which provides an up-to-date assessment of the state of utility regulation. In this, the latest in the series, the regulators themselves discuss the problems they face and leading commentators assess the regulators' contributions. The result is a wealth of detail about utility regulation in Britain where it is now and where it may be going.

Full Product Details

Author:   Michael E. Beesley
Publisher:   Institute of Economic Affairs
Imprint:   Institute of Economic Affairs
Volume:   No. 42
Dimensions:   Width: 21.00cm , Height: 1.30cm , Length: 13.50cm
Weight:   0.228kg
ISBN:  

9780255363495

ISBN 10:   0255363494
Pages:   137
Publication Date:   19 May 1995
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Introduction; MMC: Talking Shop or Decision-Maker?; Water: The Periodic Review Process; Interconnect: How Regulatory Objectives Should Be Met; Developing Competition: Regulatory Initiatives; Regulatory Relationships Between Key Players in the; Restructured Rail Industry; The Charter Airline Industry: A Case History of Successful; Deregulation; Competition in Electricity: Retrospect & Prospect; Regulation: Special Versus General.

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