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 … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …

In this paper we will examine the issue of ownership unbundling and forced divestiture remedies imposed in a series of … position as the latter was expressed in relation to the Third Energy Package. Commission suggested ownership unbundling as the …. Commission proposed full ownership unbundling, meaning the complete separation of ownership of generation assets from ownership …

-reducing, EU law requires unbundling (separation) of the VIU networks. However, the EU allows its member states the choice between … incomplete (legal) and complete (ownership) unbundling. There is tantalizing anecdotal evidence that VIUs have tried to influence … are perceived as more corrupt are indeed more likely to apply weaker forms of unbundling. Somewhat surprisingly, we do not …

promote and protect competition in electricity and gas markets. This is done by imposing rules regarding the ‘unbundling’: the … imposed TPA and the different unbundling models. The contribution shows that both regimes have pursued a similar policy … concerning TPA and to a large degree unbundling mechanisms. Two differences are significant, however. First, the concomitant …