Regulation of Network Utilities
The European Experience
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Product details:
- Publisher OUP Oxford
- Date of Publication 6 September 2001
- ISBN 9780199244157
- Binding Hardback
- No. of pages384 pages
- Size 244x164x25 mm
- Weight 680 g
- Language English
- Illustrations numerous tables and figures 0
Categories
Short description:
This volume covers various aspects of the regulation of European network utilities, and the chapters are written by academics and regulators working in the field. This is a fast-moving area, which is currently the focus of much attention, and this collection explores the issues from a detailed, case study-based perspective.
MoreLong description:
Propelled by deep technical, economic, and cultural changes, network utilities have, in the last twenty years, entered a new era. Since competition has been widely introduced and promoted, we have experienced a radical change in the structure of the industries and the role of the state authorities. Their role in managing monopolies has evolved into regulating new forms of markets, which has resulted in the creation of independent regulatory authorities. These new public bodies work with governments to try and reconcile the needs of competition and public service missions. This suggests the use of recent developments in economic theory to handle complex problems.
This volume offers an exploration by scholars and regulators of the new regulatory regimes across Europe. The first part presents the pioneering experiences of the United Kingdom and Sweden. The United Kingdom has quickly chosen to establish powerful and independent individual regulators. Reforms in Sweden have been more gradual and regulators have, in the first instance, acted mainly as mediators.
Part two is devoted to second wave developments that took place in various European countries, i.e. France, Germany, Italy, and Spain, countries where the legal tradition is less conducive to the concept of independent regulators. There the regulators are often (but not always) less powerful and meet more obstacles in their efforts to prevent either the formation of oligopolies or the resistance of incumbent monopolies. In Germany another problem has emerged as the federal tradition prevents the creation of independent regulators in certain key sectors.
The contributions in the third part of the volume throw some light on the problems of coordinating national regulations. One can observe the continuous emergence of modes of cooperation between national regulators, as well as European authorities. Faced with certain categories of problem, the European authorities are themselves led to act as common regulators. The countries of central and eastern Europe, which are progressively converging towards the general economic model of the West, are more and more concerned with the accompanying regulation problems. Last but not least, the Internet raises worldwide problems of regulation that are beginning to be seriously considered.
This book provides a wealth of information and argumentation. No economist with an interest in utility regulation should neglect to read it
Table of Contents:
New regulations for public services in competition
Developments in regulatory principles: the UK experience
The UK Model
The water regulation regime in England and Wales
The pioneering Swedish experiment in railway regulation
Sweden: a case of lighter or tighter telecom regulation?
Establishing independent regulators in France
Regulation in water and sanitation sector in France
Independent regulators in Italy
Regulating energy in Italy
The electricity and telecommunications sectors in Spain: rapid change, regulators at the crossroads
The Spanish experience of regulation within the telecommunications sector
Contrasts in Germany: decentralised versus sector-specific regulation
Liberalisation of energy markets: the German way
Network utilities: the EU institutions and the member states
Alternative models for future regulation
Co-operation among energy regulators in the European Union
Improving air traffic services performance in Europe: the economic regulation perspective
Transforming infrastructure in Eastern Europe
Regulating the Internet?
