Rate of return or cost of service regulation was the traditional means by which governments, especially in the USA …, regulated profitability and prices in privately-owned public utility businesses. However, rate of return regulation was … the difficulties that their regulators perceive in operating profit and price regulation regimes. …

researched. This paper provides aneconometric assessment of the effects of privatisation, competition and regulation onthe … regulation do not lead to obviousgains in economic performance, though there are some positive interaction effects. Bycontrast …