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Cross-sectoral cooperation between regulators The use of regulatory and competition powers; new investment in UK infrastructure, and consumer welfare

Author

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  • Price, Richard

Abstract

Economic regulation and competition have a big role in helping to ensure investment is efficient, and to reconcile the interests of consumers and investors. In this context, regulatory coherence and stability – the theme of today’s conference - has rarely been so important. This paper discusses: • the relationship between competition and regulation, and the way regulators use their powers; • the importance of independent regulation in ensuring efficient service delivery for consumers, particularly against a background of major investments in UK infrastructure; and • how the regulators are working together to improve the effectiveness, consistency and efficiency of economic regulation.

Suggested Citation

  • Price, Richard, 2014. "Cross-sectoral cooperation between regulators The use of regulatory and competition powers; new investment in UK infrastructure, and consumer welfare," MPRA Paper 75915, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:75915
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    File URL: https://mpra.ub.uni-muenchen.de/75915/1/MPRA_paper_75915.pdf
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    More about this item

    Keywords

    competition; economic regulation; investment; infrastructure; utilities;

    JEL classification:

    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L4 - Industrial Organization - - Antitrust Issues and Policies
    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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