Friday, July 9, 2010
Posted by D. Daniel Sokol
Catherine Waddams Price, University of East Anglia - School of Management and Elizabeth Hooper, University of East Anglia - Norwich Business School identifiy issues in Innovation and Competition in Generation and Retail Power Markets.
ABSTRACT: There has been considerable merger activity in EU energy markets in recent years. It could be argued that competition authorities should be required to take into account potential innovation effects of mergers. In the UK, regulators are now trying to achieve multiple objectives within the current framework. There is a danger that if markets are expected to deliver mutually incompatible objectives they will be unable to achieve any of them.