Liberalisation in Network Industries

David Flacher, Hugues Jennequin and Mehmet Ugur ()
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David Flacher: Paris 13 University
Hugues Jennequin: Rouen University

Chapter 8 in Privatisation against the European Social Model, 2009, pp 112-128 from Palgrave Macmillan

Abstract: Abstract Network industry liberalisation is usually introduced to promote competition and achieve efficiency gains in sectors with some degree of natural monopoly. Liberalisation is usually followed with sector-specific regulation, which aims to ensure competition through monitoring of certain target variables such as price, market concentration, investment, etc. In Europe, telecommunications was the first industry to be liberalised, followed progressively by water, electricity, gas and railways.

Keywords: European Union; Welfare Gain; Electricity Sector; Allocative Efficiency; Rail Transport (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1057/9780230250680_8

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