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Refining Regulatory Regimes - Utilities in Europe (Hardcover, illustrated edition)
Loot Price: R3,485
Discovery Miles 34 850
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Refining Regulatory Regimes - Utilities in Europe (Hardcover, illustrated edition)
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Regulation is on the rise across the world as the state steps back
from public ownership. However, as the authors highlight, the style
of political delegation to regulatory authorities has not followed
a uniform trajectory but rather institutional endowments,
administrative traditions, market structure and business culture
have all influenced the creation of regulatory authorities and
implementation styles. Noting these variances, the focus of this
book is to consider the impact of liberalisation and the
introduction of new regulatory structures on three utility sectors
- telecommunications, energy and the railways - using Germany and
the UK as case studies. With regulation seeking to foster
competition at the same time as also having to protect essential
services, the authors investigate regulatory styles, costs of new
regulatory functions and how firms in the new regulatory landscape
access and influence regulatory authorities. The authors consider
how EU pressures may hinder or help the functioning of new
regulatory markets and the establishment of business-regulator
relationships, as well as the broader policy implications for these
new regulatory environments. The book also determines how
regulatory authorities emerge and evolve under different state
traditions and assesses, over time, the degree to which there is
potential for convergence, divergence and continued differences as
regulatory functions mature. This book will be warmly welcomed by
researchers and academics of comparative public policy, politics
and regulation. It will also appeal to policy makers and the
business community in Europe.
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