Competition Policy for Natural Monopolies in a Developing Market Economy
AbstractNot all industries in post-socialist countries are appropriate targets for demonopolization and deregulation: as in the West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This paper focuses on three aspects of the design of regulatory policy in these countries: the appropriate sectors for regulation, the appropriate treatment of unregulated subsidiaries of regulated firms, and the appropriate regulatory regime for regulated sectors.
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Bibliographic InfoPaper provided by EconWPA in its series Industrial Organization with number 0111004.
Date of creation: 16 Nov 2001
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infrastructure; natural monopoly; competition; regulation; transition;
Other versions of this item:
- Janusz A. Ordover & Russell W. Pittman & Paul Clyde, 1994. "Competition policy for natural monopolies in a developing market economy 1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 2(3), pages 317-343, 09.
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-11-21 (All new papers)
- NEP-ENE-2001-11-21 (Energy Economics)
- NEP-MIC-2001-11-21 (Microeconomics)
- NEP-TRA-2001-11-05 (Transition Economics)
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