Session 6t Telecommunication Technology and business events in telecommunications. Session 6w Water Technology and business events in water. This session describes competition for the market, benchmark competition, substitute competition, competition over existing networks, and discipline from capital markets. This session explains tools that regulators use to assess and affect market structure. Topics covered include market concentration, vertical and horizontal relationships, mergers, unbundling, operational separation, structural separation, and accounting separation.
Participants work on a case study in regulating market structure.
A senior regulator explains ethical and procedural issues arising with market reform. Market reform increases regulators' policy development responsibilities and changes the way that regulators interact with industry. This session explains the issues and gives examples of how regulators have addressed them. This session sets the framework for accounts. This session explains methods for deriving the cost of equity and debt finance, evaluation of the sources of funds, and the effects of taxation.