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The Continuing Role For Antitrust Enforcement In the Electricity Sector

William Stallings

CPI Journal, 2013, vol. 9

Abstract: William Stallings discusses some of the recent enforcement actions in the electricity sector, a highly regulated sector, where government has played an important role in enforcing competition policy. The recent “New York Capacity†cases involving a power generator and its financial services firm, includes the use of a derivative agreement to bypass merger regulation and restrain trade. As Stalling notes, this is an example of a novel liability theory used by the Antitrust Division of the USDOJ and of disgorgement as an appropriate remedy in enforcement actions for these types of industries.

JEL-codes: G18 (search for similar items in EconPapers)
Date: 2013
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Handle: RePEc:cpi:cpijrn:9.1.2013:i=10837