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Market Building through Antitrust - Long-term Contract Regulation in EU Electricity Markets (Hardcover)
Loot Price: R2,872
Discovery Miles 28 720
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Market Building through Antitrust - Long-term Contract Regulation in EU Electricity Markets (Hardcover)
Series: Loyola de Palacio Series on European Energy Policy
Expected to ship within 12 - 17 working days
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Antitrust is a sledgehammer to the creation of European-wide
markets. How does it really work though? Take the case of power
contracting. Look at the smart and fresh view from a promising
scholar: Adrien de Hauteclocque. A must read.' - Jean-Michel
Glachant, European University Institute, Italy'Long-term energy
contracts pose one of the greatest challenges for EU competition
law. Focusing on electricity markets and contracts, this book
provides interesting new approaches and guidance in this area of EU
law. The book also examines a wider and even more difficult issue:
what role can competition law have in creating markets. The book
delivers. It is a remarkably lucid account of difficult issues. A
must-have book for practitioners and policy makers alike.' - Kim
Talus, University of Eastern Finland 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 that pre-dated 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 been 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. 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 Antitrust 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 Union for the
Development of Interconnectors: Assessing the Role of Merchant
Transmission Investment with Vincent Rious Bibliography Index
General
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