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(Some) vertical integration may not be so bad after all

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  • Richard Meade
  • R. Seini O'Connor

Abstract

Many electricity sectors, including New Zealand's, don't fit the textbook picture of a liberalised market: vertical integration between generation and retail is prevalent; and contract markets are thin. Contrary to popular belief, this needn't be a cause for competition angst. Seini O'Connor and Richard Meade explain why.

Suggested Citation

  • Richard Meade & R. Seini O'Connor, 2009. "(Some) vertical integration may not be so bad after all," Competition & Regulation Times 372501, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:372501
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    File URL: https://ojs.victoria.ac.nz/crt/article/view/3725
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