Experiences from the United Kingdom in the regulation of privatised utilities
Citation:
Kay, John. 'Symposium on market liberalisation in Ireland: competition, privatisation and regulatory issues - Experiences from the United Kingdom in the regulation of privatised utilities'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXIX, 1999/2000, pp33-47Download Item:
Abstract:
As Ireland embarks on a programme of privatisation and liberalisation of markets, it may be informative to reflect on the experiences of the UK on competition, privatisation and regulatory issues in the utilities sector over the last two decades. The regulation of privatised utilities in Britain is widely criticised today. The criticism comes from many quarters. Customers resent their money being handed out in excessive salaries and dividends. Academics are now widely critical of the RPI-x formula for capping prices below the retail price index (RPI), which was once a proud British innovation. A curious alliance of politicians and senior industry executives is concerned to suggest that the regulatory process is insufficiently
accountable.
Description:
Read before the Society, 20 January 2000
Author: Kay, John
Other Titles:
Symposium on market liberalisation in Ireland: competition, privatisation and regulatory issuesPublisher:
Statistical and Social Inquiry Society of IrelandType of material:
Journal articleCollections
Series/Report no:
Journal of The Statistical and Social Inquiry Society of IrelandVol. XXIX, 1999/2000
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Full text availableKeywords:
Market liberalisation, Privatisation, Government regulation, Utilities, Competition policyISSN:
00814776Metadata
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