The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …

coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … empirical evidence that unbundling eliminates economies of vertical integration while empirical evidence on price reducing …

. -- natural gas ; networks ; regulation ; ownership unbundling ; panel data … empirically analyse the effect of ownership unbundling of gas transmission networks as the strongest form of vertical separation … avoid the endogeneity problem and to estimate the long-run effects of regulation. We introduce a set of regulatory …

We study the impact of the access charges of copper and fiber unbundling on an incumbent's incentives to invest in …

, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues - the European policy …

The EU has been promoting unbundling of the transmission grid from other stages of the electricity supply chain with … the aim of fostering competition in the upstream stage of electricity generation. At presence, ownership unbundling is the … predominant form of unbundling in Europe. However, the benefits of increased competition from ownership unbundling of the …

Ownership unbundling and third party access are discussed as two options of unbundling in both the literature and … unbundling and third party access regimes on customer prices. Substantially different results are found using dynamic rather than … static analysis. In particular, negative short term effects of ownership unbundling found in static models are approximately …