Privatisation, competition and regulation.
Contributors: Organisation for Economic Co-operation and Development. Advisory Group on Privatisation
Publisher: Organisation for Economic Co-operation and Development
Published: 2000
Place of publication: Paris
Language: eng
Number of pages: 213
Subjects: Privatization -- OECD countries -- Congresses.; Competition -- OECD countries -- Congresses.; Deregulation -- OECD countries -- Congresses.; Trade regulation -- OECD countries -- Congresses.
Genres: Congresses.
Description: Over the past decade, privatisation has increasingly taken place in the public utility sector. Technological advances and policy shifts have diminished the perception that public utilities are natural monopolies requiring state ownership. However, the privatisation of such state-owned monopolies raises important regulatory issues. In particular, there should be an adequate regulatory framework to promote competition and, especially if rigorous market competition is lacking, to protect the interests of consumers. Therefore, privatisation needs to be pursued in tandem with competition-enhancing policy and the design of an adequate post-privatisation regulatory framework. This volume brings together a number of papers discussing the interrelationship among privatisation, competition and regulation. The papers make reference to the experience of different countries with privatisation in a wide range of infrastructure sectors.
Notes: Includes bibliographical references.
"Papers presented at the AGP's twelfith meeting in Helsinki in September 1998"-- P. 3.