(Some) vertical integration may not be so bad after all

Richard Meade and R. Seini O'Connor

No 372501, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: Many electricity sectors, including New Zealand's, don't fit the textbook picture of a liberalised market: vertical integration between generation and retail is prevalent; and contract markets are thin. Contrary to popular belief, this needn't be a cause for competition angst. Seini O'Connor and Richard Meade explain why.

Date: 2009-03-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:372501

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