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Competition in Regulated Industries
Contributor(s): Helm (Author), Helm, Dieter (Editor), Jenkinson, Tim (Editor)
ISBN: 019829252X     ISBN-13: 9780198292524
Publisher: OUP Oxford
OUR PRICE:   $27.54  
Product Type: Paperback
Published: April 1998
Qty:
Additional Information
BISAC Categories:
- Social Science
Dewey: 363.609
LCCN: 98006178
Lexile Measure: 1560
Physical Information: 0.65" H x 14.5" W x 9.14" (0.93 lbs) 300 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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.