ABSTRACT

In this second edition of Privatization, Regulation and Deregulation, the author has updated and augmented the original material to take account of developments over the last 5 years. This volume includes ten completely new chapters and coverage of the critical period from 1981to the present. The book provides a unique insight into the privatization and regulatory procedure. In addition, it presents a significant contribution to the basic economic arguments underlying these reforms to practitioners involved in privatization and regulation.

chapter 1|24 pages

Introduction

chapter 2|17 pages

Privatization

Principles, problems and priorities 1

chapter 3|14 pages

Privatization

Reflections on UK experience 1

chapter 5|9 pages

Mergers and water regulation

chapter 7|10 pages

The DGWS in operation 1

chapter 9|27 pages

Information for regulating

The case of taxis 1

chapter 10|12 pages

Bus deregulation 1

chapter 12|19 pages

Commitment, sunk costs, and entry to the airline industry 1

Reflections on experience

chapter 15|29 pages

The British Telecom/Mercury interconnect determination 1

An exposition and commentary

chapter 17|14 pages

Price regulation and competition 1

chapter 20|7 pages

Mergers and economic welfare 1

chapter 21|14 pages

Abuse of monopoly power 1

chapter 22|23 pages

Media concentration and diversity 1

chapter 23|36 pages

Schumpeter and UK pharmaceuticals