Evaluation of Economic Merger Control Techniques Applied to the European Electricity Sector [An article from: The Electricity Journal]

This digital document is a journal article from The Electricity Journal, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
With European electricity markets not yet functioning on a competitive basis and consolidation increasing, the European Commission has said it intends to more intensively apply competition law in the electricity sector. Yet economic techniques and theories used in EC merger control fail to take sufficiently into account some specific features of electricity markets. The authors offer suggestions to enhance their reliability and applicability in the electricity sector.