Emerging Issues in Competition, Collusion and Regulation of Network Industries

"This book is indispensable to anyone involved in competition and regulation policy of network industries, as it provides an impressive review of the state of our knowledge in applied industrial organisation. Each chapter draws policy schemes from the most advanced progress in the analysis of competition on and for the market, with the objective of properly accounting for the network effects and vertical relations between infrastructure and operations that characterise these industries. Considered jointly, all of these chapters also delineate the research agenda in the field." Marc Ivaldi, IDEI Researcher and Research Director, Aecole des Hautes Aetudes en Sciences Sociales, Toulouse; CEPR Industrial Organisation Programme Director "Excellent book, not to be missed! It offers most comprehensive analyses and policy prescriptions. It will prove most useful for scholars, policy makers and students. I was particularly impressed by how the book captures the essence of the new thinking on the interface between regulation and competition; dealing with a wide range of critical issues such as collusion, mergers, regulatory capture, governance, institutionality, procurement and oversight, and always emphasising actionable policy options. The authors have done an excellent job of making this complex subject highly accessible." Jose Luis Guasch, Professor, University of California, San Diego; Former Head of the World Bank Global Expert Team on Public Private Partnerships and Senior Adviser on Regulation and Competition, World Bank "Emerging Issues in Competition, Collusion, and Regulation of Network Industries is a timely collection of the 'new generation' issues of network regulation, such as institutional diversity, regulatory capture, and governance. The volume marries up-to-date sectoral studies with more conceptually-targeted papers, and thus provides new answers to old questions. Thanks to the high quality of the authors, the volume should become a reference work in the new regulatory literature." Professor Christian von Hirschhausen, TU Berlin and DIW Berlin (German Institute for Economic Research)