Vertical de-integration and single market integration in the European Union: an incomplete transition
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Chapter 2 in Market Building through Antitrust, 2013, pp 45-72 from Edward Elgar Publishing
Abstract:
Market Building through Antitrust investigates the role of antitrust policy in the building of competitive energy markets in Europe. By looking at the specific problem of long-term supply and access contracts in the electricity sector, the book questions the suitability of antitrust policy as a market building tool. It shows that the institutional infrastructure that pre-dated competitive reform and the politics of liberalization have largely shaped the current dynamics at work in European energy regulatory practice. In particular, antitrust law has increasingly been used as a quasi-ex ante regulatory tool, thereby raising problems in terms of economic efficiency, legal certainty and political legitimacy.
Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2013
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