Governments, Competition and Utility Regulation continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically reviews the state of utility regulation and competition policy. The book contains incisive chapters on competition policy and trade, antitrust and consumer welfare, merger control and efficiency, emissions trading, Ofcom and convergence, energy regulation and competition, regulating the London Underground, the future of water regulation and European merger control.
Chapters on each topic are followed by comments from regulators, competition authority chairmen and other experts in the relevant fields. The book provides analysis of and commentaries on the most significant developments in regulation and competition policy, drawing on experiences in Britain, the United States and the European Union, as well as in international trade negotiations. It will be of value to practitioners, policymakers and academics who are concerned with regulation, deregulation and policies to promote competition.
Edited by Colin Robinson, Emeritus Professor of Economics, University of Surrey, UK
Contents: Introduction 1. Competition Policy and Trade: The WTO after the Cancun Meeting - Frederic Jenny, Comment - Geoffrey Owen 2. Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence - Robert W. Crandall and Clifford Winston, Comment - David Arculus 3. Efficiencies in Merger Control - Jrissy Motis, Damien Neven and Paul Seabright, Comment - Sir John Vickers 4. Emissions Trading: A Market Instrument for our Times - Charles Nicholson, Comment - Colin Robinson 5. Ofcom: A Converged Regulator? - Annegret Groebel, Comment - Colin Robinson 6. Energy Regulation and Competition after the White Paper - Eileen Marshall, Comment - Stephen Littlechild 7. Regulating London Underground - Chris Bolt, Comment - Tom Winsor 8. Commitment and Control in Regulation: The Future of Regulation in Water - Colin Mayer, Comment - Philip Fletcher 9. Do We Need European Merger Control? - Jacques Steenbergen and Leonard Waverman, Comment - Derek Morris Index