In the European Union, the natural gas market is increasingly being liberalized. The liberalization process is aimed at leading to lower prices and higher volumes, and hence higher consumer welfare. This paper focuses on the changes in performance in the natural gas retail market by analyzing...

During the three-year period 2007–2009, the Italian Regulatory Authority for Electricity and Gas has issued numerous measures concerning the retail market of natural gas. The same period was characterized by a deep economic and financial crisis involving the industrial sector and, in...