Electric utility mergers : principles of antitrust analysis

書誌事項

Electric utility mergers : principles of antitrust analysis

Mark W. Frankena and Bruce M. Owen : with contributions by John R. Morris and Robert D. Stoner

Praeger, 1994

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注記

Bibliography: p. [165]-176

Includes indexes

内容説明・目次

内容説明

Competition in the generation, transmission, and distribution of electricity is of increasing interest to policy makers as well as to buyers and sellers of power. The use of competition as a social policy tool to benefit consumers carries the necessity of preserving competition when it is threatened by mergers or other structural changes. The work explains central principles of antitrust economics and applies them to mergers in the electric power industry. This work focuses on mergers, but the economic principles explained here will be useful in analyzing many important issues flowing from growth of competition in electric power. For example, proper definition of markets and analysis of market power will be useful in decisions on whether to continue regulation.

目次

Preface Market Power and Antitrust Analysis Competition and Regulation in the Electric Power Industry Recent Developments in Wholesale Power Markets Market Definition in the Electric Power Industry Competitive Effects of Horizontal Mergers Competitive Effects of Vertical Mergers Utility Mergers and Retail Competition Remedies for Anticompetitive Mergers Efficiency Analysis of Electric Utility Mergers Bibliography Index

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