- 208 pages
- English
- PDF
- Available on iOS & Android
About This Book
Competition in the generation, transmission, and distribution of electricity is of increasing interest to policy makers as well as to buyers and sellers of power. The use of competition as a social policy tool to benefit consumers carries the necessity of preserving competition when it is threatened by mergers or other structural changes. The work explains central principles of antitrust economics and applies them to mergers in the electric power industry. This work focuses on mergers, but the economic principles explained here will be useful in analyzing many important issues flowing from growth of competition in electric power. For example, proper definition of markets and analysis of market power will be useful in decisions on whether to continue regulation.
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Table of contents
- Contents
- Figures and Table
- Preface
- 1. Market Power and Antitrust Analysis
- 2. Competition and Regulation in the Electric Power Industry
- 3. Recent Developments in Wholesale Power Markets
- 4. Market Definition in the Electric Power Industry
- 5. Competitive Effects of Horizontal Mergers
- 6. Competitive Effects of Vertical Mergers
- 7. Utility Mergers and Retail Competition
- 8. Remedies for Anticompetitive Mergers
- 9. Efficiency Analysis of Electric Utility Mergers
- Bibliography
- Subject Index
- Author Index