Cross-sectoral cooperation between regulators The use of regulatory and competition powers; new investment in UK infrastructure, and consumer welfare

Richard Price

MPRA Paper from University Library of Munich, Germany

Abstract: Economic regulation and competition have a big role in helping to ensure investment is efficient, and to reconcile the interests of consumers and investors. In this context, regulatory coherence and stability – the theme of today’s conference - has rarely been so important. This paper discusses: • the relationship between competition and regulation, and the way regulators use their powers; • the importance of independent regulation in ensuring efficient service delivery for consumers, particularly against a background of major investments in UK infrastructure; and • how the regulators are working together to improve the effectiveness, consistency and efficiency of economic regulation.

Keywords: competition; economic regulation; investment; infrastructure; utilities (search for similar items in EconPapers)
JEL-codes: D18 K21 K23 L4 L43 L51 (search for similar items in EconPapers)
Date: 2014-03-31
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:75915

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