Restructuring the European Energy Market through M&As – An Application of the Model of Economic Dominance
AbstractIn 1998, the European Commission decided to deregulate the national electricity sector with the objective of creating a single energy market. This deregulation involved an important increase in M&As (Mergers & Acquisitions), leading to a large reorganization of the European electricity industry. Using the theory of economic dominance developed by R. Lantner in 1974 - a theory inspired by the graph theory - this article aims at gaining an insight into the M&A strategies of electricity firms in Europe between 1998 and 2003, and the way in which these strategies affected the industry at the European level. We found that European electricity firms increasingly used strategies of M&A to strengthen their economic dominance.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by SKEMA Business School in its journal Frontiers in Finance and Economics.
Volume (Year): 6 (2009)
Issue (Month): 2 (October)
Contact details of provider:
Web page: http://www.ffe.esc-lille.com
Electricity industry; mergers; graph theory;
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sophie Bodo).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.