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Should the regulation of network industries be entrusted to competition authorities? A critical reading of the New Caledonian and Polynesian projects

Faut-il confier la régulation des industries de réseau aux autorités de concurrence ? Une lecture critique des projets calédonien et polynésien

Christian Montet (), Véronique Sélinsky and Florent Venayre ()
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Christian Montet: UPF - Université de la Polynésie Française
Véronique Sélinsky: Barreau de Montpellier

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Abstract: The article assesses whether competition authorities in New Caledonia and French Polynesia are the appropriate bodies to regulate network industries such as energy and telecommunications. Noting the longstanding shortcomings of regulation by local executive branches, it examines proposals to broaden the mandates of the Polynesian and Caledonian competition authorities. Drawing on economic theory and international experience, the study shows that combining regulatory and competition functions weakens the agencies' independence, clarity of remit, and overall effectiveness. It argues that, in small island economies, any potential cost savings are minimal compared with the governance risks involved. The authors ultimately advocate for strengthened cooperation with France's national energy and telecommunications regulators rather than pursuing local institutional integration.

Date: 2026-01
New Economics Papers: this item is included in nep-com and nep-reg
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Published in Revue Française d'Economie, 2026, XL (3), pp.57-92

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