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  1. Regulation and third party discrimination in vertically related markets
    the case of German electricity
    Published: 2001
    Publisher:  Inst. für Verkehrswiss. und Regionalpolitik, Freiburg i. Br.

    This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in network... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 52 (74)
    No inter-library loan

     

    This paper explores the relation between the regulation of monopolistic upstream prices and the incentives of a vertically integrated input monopolist to discriminate third parties on the downstream market. Currently, this is an issue in network industries like telecommunications, electricity and railways and has sparked off a controversy in the literature. The paper examines how the incentives to discriminate depend on the level of the upstream prices, the potential competitiveness of the downstream market and the efficiency of the competitors as compared to the integrated firm's downstream subsidiary. The insights are applied to the electricity supply industry in Germany.

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/47614
    Edition: Revised Version - March 2001
    Series: Discussion paper / Institut für Verkehrswissenschaft und Regionalpolitik ; 74
    Subjects: Elektrizitätswirtschaft; Elektrizitätsversorgung; Netzregulierung; Preisdifferenzierung; Elektrizitätspolitik; Theorie; Deutschland; regulation; discrimination; vertical integration; electricity
    Scope: Online-Ressource (31 S.), graph. Darst.