Regulation of Network Sectors in the EU: A Federalist Perspective
AbstractThe vertical allocation of regulatory powers within the European two-level system of network sector regulation is analysed from the perspective of the economic theory of legal federalism. The analysis shows that sophisticated combinations of harmonised European rules along with sufficient scope for decentralised decisions of national regulators seem to be optimal. Especially interesting is that networks of regulatory authorities (as BEREC in telecommunications) can play an important role in regard to balancing the advantages and disadvantages of (de)centralisation. Whereas in regard to telecommunication a further shifting of regulatory powers to the EU level cannot be recommended, both in energy and railway markets it might still be necessary to strengthen the regulatory power of the EU.
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Bibliographic InfoPaper provided by Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) in its series MAGKS Papers on Economics with number 201422.
Length: 15 pages
Date of creation: 2014
Date of revision:
Publication status: Forthcoming in
EU sector regulation; legal federalism; regulatory networks; telecommunication;
Find related papers by JEL classification:
- K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
- H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
- F15 - International Economics - - Trade - - - Economic Integration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-04-11 (All new papers)
- NEP-ENE-2014-04-11 (Energy Economics)
- NEP-EUR-2014-04-11 (Microeconomic European Issues)
- NEP-GER-2014-04-11 (German Papers)
- NEP-ICT-2014-04-11 (Information & Communication Technologies)
- NEP-LAW-2014-04-11 (Law & Economics)
- NEP-NET-2014-04-11 (Network Economics)
- NEP-REG-2014-04-11 (Regulation)
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