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  • 1
    Online Resource
    Online Resource
    Milton : Taylor & Francis Group
    UID:
    b3kat_BV048831366
    Format: 1 Online-Ressource (113 Seiten)
    ISBN: 9781000844092
    Note: Description based on publisher supplied metadata and other sources , Cover -- Half Title -- Title -- Copyright -- Contents -- 1 Impact of Market Distortions in the Specific Case of Privatisation -- The Privatisation Conundrum -- Public Versus Private Ownership: The Real Issue -- History of Privatisation in Britain -- The US Experience -- Telecoms Industry -- Energy -- Postal Experience -- De-Integration as a Way of Introducing Competition -- Market Competition as a Method of Regulation -- The US Airline Deregulation -- The Question of Natural Monopoly -- State Ownership of Utilities -- 2 Competition and Regulated Industries: Electricity and Gas -- Generation -- Competition at the REC Level -- Government Ownership -- Vertical Integration -- What Was the Measurable Impact of Privatisation? -- Electricity Pools -- The US Example -- The Transmission Market -- Regulation in the Gas Sector -- Relationship Between Gas and Electricity -- Differences Between Gas and Electricity -- Key Competition Issues -- The UK Gas Experience -- Competition in Storage and Transmission -- The European Gas Directive -- Public Service Obligation -- Access -- Argentina -- Impact of Cross-Border Trading -- Colombia Natural Gas Market -- Common Themes and General Principles -- Accounting Separation and Transparency -- Cross-Subsidisation -- Impact on Trade -- Climate Change and International Trade -- 3 Competition and Regulated Industries: Telecommunications -- Introduction -- Cost-Price Differential and Bottleneck Features -- Interconnection -- Cross-Subsidisation -- Technological Innovation -- Interconnection Versus Facilities-Based Competition -- Rebalancing -- WTO Basic Telecommunications Agreement and Reference Paper -- Scope of Basic Telecoms Agreements' Commitments -- Reference Paper -- Evolution of the Essential Facilities Doctrine -- Applying the Basic Telecoms Agreement in Dispute Resolution: Telefonos de Mexico , Incumbent Companies and Value-Added Services: South Africa Telecom -- Poland Telecoms -- Chile -- Romania Telecoms -- Type of Cost-Oriented Regulation Applied to Telecom Firms -- Evaluation of Costs -- Anti-Competitive Cross-Subsidisation -- The Impact of State-Ownership on Cost-Oriented Pricing -- Recoupment of Lost Profit -- Role of Market Power -- Rate of Change of Market Power -- Impact of the Reserved Sector on Pricing: Nature of the Reservation -- The Impact of the Universal Service Commitment on Competition -- Regulatory Design -- Summary -- 4 Postal Services -- Arguments in Favour of Postal Privatisation -- Costs in Private Firms -- Reserved Sector Analysis -- Universal Service Issues -- Japanese Postal Privatisation Example -- Anti-Competitive Cross-Subsidisation -- Importance of Competition Agency Engaging in Its Advocacy Role -- New Communications Economy -- Public Goods Theory -- Privatisation Options Through the Competition Lens -- Competition Issues in Japanese Privatisation That May Impact Trade Built-Out Infrastructure -- Auctioning Off Reserved Sector? -- Interconnection -- Treatment of Costs in Alleged Cross-Subsidisation Cases -- Impact of Pre-Existing Government Ownership -- Measure of Cost -- Concluding Thoughts on Market Distortions in the Postal Sector -- 5 Conclusion -- Index
    Additional Edition: Erscheint auch als Druck-Ausgabe Singham, Shanker A. Market Distortions in Privatisation Processes Milton : Taylor & Francis Group,c2022 ISBN 9781032419350
    Language: English
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