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Regulierung und Wettbewerbsrecht in liberalisierten Netzindustrien aus institutionenökonomischer Perspektive / Regulation and Competition Law in Liberalised Network Industries as Seen from a New Institutional Economics Perspective

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  • Haucap Justus
  • Uhde André

Abstract

The most crucial task for the liberalisation of network industries is the control of the incumbent’s and former monopolist’s market power. In theory, this can be effected either through ex ante regulation by a special agency, which focuses on a limited number of industries, such as the Federal Network Agency in Germany, or through ex-post control by general competition authorities such as Germany’s Federal Cartel Office. For the German electricity market, the Federal Cartel Office was in charge of controlling market power until 2005, when the Federal Network Agency as established as the regulator in charge of controlling network prices. For telecommunications and airports the debate over “ex-ante regulation vs. ex-post control” is not over yet, however.

Suggested Citation

  • Haucap Justus & Uhde André, 2008. "Regulierung und Wettbewerbsrecht in liberalisierten Netzindustrien aus institutionenökonomischer Perspektive / Regulation and Competition Law in Liberalised Network Industries as Seen from a New Insti," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 237-262, January.
    • Handle: RePEc:bpj:ordojb:v:59:y:2008:i:1:p:237-262:n:13
    DOI: 10.1515/ordo-2008-0113
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    References listed on IDEAS

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    Cited by:

    1. Budzinski, Oliver & Eckert, Sandra, 2015. "Wettbewerb und Regulierung," Ilmenau Economics Discussion Papers 93, Ilmenau University of Technology, Institute of Economics.

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