Utility Regulation and Competition Policy
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Utility Regulation and Competition Policy

Edited by Colin Robinson

In this book, the latest volume in the annual series published in association with the London Business School and the Institute of Economic Affairs, some of the main issues in UK and EU utility regulation and competition policy are discussed. Topics examined include the new electricity and gas trading markets, regulating the railways, introducing competition into water, telecoms and Ofcom, opening EU gas and electricity markets, the 1998 Competition Act, EU merger policy and a general review of privatisation and regulation in Britain. Essays by expert commentators are followed in each case by comments from the relevant regulator.
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The authors


Mark Armstrong is Official Fellow in Economics at Nuffield College, Oxford. He was educated at the Universities of Oxford and Cambridge, and until 1997 was Professor of Economic Policy at Southampton University. Much of his research concerns the theory of optimal pricing and tariffing decisions by firms with market power, including various forms of price discrimination, quantity discounts and auctioning schemes. Other, more applied, research interests are to do with regulatory and competition policy, with a special focus on telecommunications and broadcasting; this includes, with Simon Cowan and John Vickers, Regulatory Reform: Economic Analysis and British Experience (MIT Press, 1994). He is currently managing editor of the academic journal Review of Economic Studies, and has acted as an economic adviser to the Office of Telecommunications (Oftel) and the Office of Fair Trading (OFT). Ian Charles Rayner Byatt was appointed as the first Director General of Water Services on 1 August 1989. He is an economist and an expert on the regulation of public utilities. His previous post was Deputy Chief Economic Adviser to the Treasury (1978-89). Ian Byatt (born 1932) was educated at Kirkham Grammar School and St Edmund Hall and Nuffield College, Oxford. He holds a D.Phil. in economics. He also studied at Harvard as a Commonwealth Fund Fellow, and has lectured in economics at both Durham University (1958-62) and the London School of Economics (1964-67). Byatt joined the Civil Service in 1967 as Senior Economic Adviser to the Department of Education and Science. His career in the Civil...

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