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Vol 21 No 11 Nov/Dec 2016

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Market Building through Antitrust: Long-term Contract Regulation in EU Electricity Markets


ISBN13: 9780857937735
Published: December 2013
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £73.00



Despatched in 4 to 6 days.

Market Building Through Antitrust investigates the role of antitrust policy in the building of competitive energy markets in Europe. By looking at the specific problem of long-term supply and access contracts in the electricity sector, the book questions the suitability of antitrust policy as a market building tool.

It shows that the institutional infrastructure pre-existing competitive reform and the politics of liberalization have largely shaped the current dynamics at work in European energy regulatory practice. In particular, antitrust law has increasingly being used as a quasi-ex ante regulatory tool, thereby raising problems in terms of economic efficiency, legal certainty and political legitimacy.

By mixing legal, political and economic perspectives, this book will appeal to a wide range of readers from academia in law, economics and political science, regulatory and competition authorities, as well as legal and consulting practices and business economists.

Subjects:
Competition Law, Energy and Natural Resources Law
Contents:
Foreword
General Introduction
1. The Problem of Long-term Contracts in Decentralized Electricity Markets: An Economic Perspective
2. Vertical De-integration and Single Market Integration in the European Union: An Incomplete Transition
3. The Strategy of the European Commission on Long-term Contracts: Is the New Methodology truly 'More Economic'?
4. Long-term Contracts Across Member States: The Problem of Priority Access Rights to Interconnectors
5. The Strategy of the European Community for the Development of Interconnectors: Assessing the Role of Merchant Transmission Investment with Vincent Rious
Bibliography
Index