Competition Policy for Natural Monopolies in a Developing Market Economy

Janusz Ordover, Russell Pittman () and Paul Clyde
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Janusz Ordover: New York University
Paul Clyde: University of Michigan

Industrial Organization from EconWPA

Abstract: Not all industries in post-socialist countries are appropriate targets for demonopolization and deregulation: as in the West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This paper focuses on three aspects of the design of regulatory policy in these countries: the appropriate sectors for regulation, the appropriate treatment of unregulated subsidiaries of regulated firms, and the appropriate regulatory regime for regulated sectors.

Keywords: infrastructure; natural monopoly; competition; regulation; transition (search for similar items in EconPapers)
JEL-codes: L51 L92 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene, nep-mic and nep-tra
Date: 2001-11-16
Note: Type of Document - WordPerfect; prepared on PC
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