Market Distortions in Privatisation Processes

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A01=Shanker Singham
Access Service Markets
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Anti-competitive Effects
Anti-competitive Practices
Author_Shanker Singham
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Basic Telecoms Agreement
Category1=Non-Fiction
Category=JPQB
Category=KCP
Common Carrier
Competition Agencies
competition law analysis
Consumer Welfare
COP=United Kingdom
Delivery_Pre-order
DP
Electricity Privatisation
eq_bestseller
eq_business-finance-law
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eq_nobargain
eq_non-fiction
eq_society-politics
Essential Facilities
Essential Facilities Doctrine
FERC Order
ICN
infrastructure reform
international privatisation case studies
Language_English
Long Run Incremental Cost
Natural Monopoly
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Price Cap Regulation
Price_€20 to €50
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PSTN
Public Goods Theory
public service obligations
Reference Paper
regulatory economics
Reserved Sector
softlaunch
state-owned enterprise transition
UK Privatisation
Universal Service
Universal Service Fund
Universal Service Obligation
utility sector liberalisation

Product details

  • ISBN 9781032419367
  • Weight: 453g
  • Dimensions: 138 x 216mm
  • Publication Date: 29 Jul 2024
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
  • Language: English
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Drawing on a range of global case studies, Market Distortions in Privatisation Processes illustrates the ways in which market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers.

The book compares and contrasts privatisations of state-owned enterprises around the world where competition informed the regulatory design and thus liberated consumer welfare. In particular, the cases are drawn from the electricity and gas sector, the telecoms industry, and postal services – each of which has been frequently privatised in different context. For each industry, the book explores the UK and US experiences as well as looking at international cases from both developed and developing countries including, where appropriate, Japan, Colombia, Romania and Mexico. The emphasis is on analysing the impact that market distortions have had on the outcomes of those privatisations. The book also looks at how public service objectives were achieved and how they too can be designed in pro-competitive or anti-competitive ways.

This book will be of significant interest to readers in international business, economics, and law.

Shanker Singham is one of the world’s leading international trade and competition lawyer and economists. He is a former advisor to both the UK Secretary of State for International Trade (2016-2018) as well as a former cleared advisor to the United States Trade Representative (2009-2016). He has led the market access and WTO practices of two large global law firms, and has advised governments and multinationals. He is author of A General Theory of Trade and Competition: Trade Liberalisation and Competitive Markets (CMP, 2007) and over 100 book chapters and articles. He is the lead author of the Singham-Rangan-Bradley model to measure Anti-Competitive Market Distortions.

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