Restructuring Public Utilities for Competition [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and DevelopmentContent Provider
Organisation for Economic Co operation and DevelopmentContent Provider
Paris : OECD Publishing,
2001.
Public utility industries, once regarded as monolithic monopolies, in fact are made up of many separate activities, many of which can sustain effective competition. But owners of bottleneck facilities are often in a position to restrict or limit the growth of competition. There is a growing realisation that fundamental structural changes are often necessary if the full benefits of competition are to be achieved for users and consumers. This publication explores the nature and impact of rules which affect the structure of public utility industries. It covers not only the theory behind different forms of separation but also practical experience in a wide variety of countries and sectors (railways, electricity, postal services, telecommunications, gas, air services, and maritime transport). It also contains the new OECD Recommendation on Structural Separation of Regulated Industries, which urges Member countries to consider separating the monopoly and the competitive parts of regulated industries, especially during the process of privatisation or liberalisation.
Description based upon print version of record.
CONTENTS; Introduction; 1. The Basic Problem and the Tools for Addressing It; Vertical Integration Between Non-Competitive and Competitive Activitiesand the Incentive and Ability to Restrict Competition; Tools for Protecting and Promoting Competition; 2. Vertical Separation versus Access Regulation; Separation Limits the Need for Regulation that is Difficult, Costlyand only Partially Effective; Separation Improves Information and Eliminates Cross-Subsidisation; Separation Forces Loss of Economies of Scope; 3. Experiences with Different Approaches to Separation in Different Industries
IntroductionAirports, Ports, Roads; Electricity; Natural Gas; Rail Services; Telecommunications; Broadcasting and Broadband Interactive Services; Postal Services; 4. Summary; Notes; References; Tables; Annex: Recommendation of the OECD Council
Public utility industries, once regarded as monolithic monopolies, in fact are made up of many separate activities, many of which can sustain effective competition. But owners of bottleneck facilities are often in a position to restrict or limit the growth of competition. There is a growing realisation that fundamental structural changes are often necessary if the full benefits of competition are to be achieved for users and consumers. This publication explores the nature and impact of rules which affect the structure of public utility industries. It covers not only the theory behind different forms of separation but also practical experience in a wide variety of countries and sectors (railways, electricity, postal services, telecommunications, gas, air services, and maritime transport). It also contains the new OECD Recommendation on Structural Separation of Regulated Industries, which urges Member countries to consider separating the monopoly and the competitive parts of regulated industries, especially during the process of privatisation or liberalisation.
Competition.
Public utilities -- Law and legislation -- OECD countries.
Public utilities -- OECD countries.
Public utilities
Public utilities
Competition
Management
Business & Economics
Industrial Management
Public Service