Obtaining the best from Regulation and Competition (Topics in Regulatory Economics and Policy, 47)

Tentative Descriptive Text: Deregulation has introduced competition into traditionally monopolistic markets, particularly telecommunications and electric utilities. This book brings together ten essays that were presented at the Center for Research in Regulated Industries at Rutgers University and funded by several regulated companies. The authors, who include young scholars as well as established and highly regarded consultants and researchers, address some of the major issues now facing network industries and regulators ? deregulation, competition, stranded assets, diversification, pricing, and mergers and acquisitions

Deregulation has introduced competition into traditionally monopolistic markets, particularly telecommunications and electric utilities. This book brings together ten essays that were presented at the Center for Research in Regulated Industries at Rutgers University and funded by several regulated companies. The authors, who include young scholars as well as established and highly regarded consultants and researchers, address some of the major issues now facing network industries and regulators - deregulation, competition, stranded assets, diversification, pricing, and mergers and acquisitions.

Reform and in many cases removal of economic regulation in the U.S. and around the world over the last quarter century is predicated on the perspective that regulation and competition are demand-side substitutes as means for setting prices and product characteristics in an economy.1