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 …

We try to better understand the comparative advantages of structural and behavioral remedies of deregulation in …

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 …

deregulation process. The presence of new players in the markets and changes in demand obliged the existing companies to react … for example. Indeed the enterprises engaged today in these markets existed before the deregulation. Only a small number of …

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are …-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 …