Postal and Regulatory Reform in Intermodal Competition

Postal Markets and Electronic Substitution: What is the Impact of Intermodal Competition on Regulatory Practices and Institutions

The European postal markets are undergoing a reform which aims at promoting competition on the one hand and protecting the benefits of public services on the other. The important topics concerning postal regulation and the development of markets are: (1) market regime, (2) definition and financing of universal services, (3) market power control, and (4) emerging electronic substitution of posta...

Closing Address, 1994 ITS Conference Sydney, Austrailia Regulatory Reform for Exchange Carriers: Competition through Regulatory Symmetry

The Federal Communications Commission is at a critical juncture in telecommunications regulation. Four years ago the Commission introduced price cap regulation for local exchange carriers. This marked a major improvement over traditional cost of service regulation because it streamlined regulatory procedures and introduced incentives for efficient firm behaviour in place of regulatory micromana...

Regulatory Reform and Innovation

2 3 FOREWORD Government regulations can have both positive and negative effects on the innovation process. Among other goals, regulatory reform in the OECD countries is intended to enhance the positive regulatory effects on innovation. Reforms should help ensure that regulations in all spheres of activity are fully responsive to changes in the economic, social and technical conditions surroundi...

Regulatory Arrangements, Financial Stability, and Regulatory Reform

Pool Reform and Competition in Electricity

The market power of the incumbents means that average pool prices are set by the costs of entry. Reforms which raise entry costs will be proposed and should be resisted. Reforms to capacity payments may have little effect on prices, but could affect system security. The values of VOLL and LOLP appear grossly incorrect, and if changed might affect reserve margins and the allocation of investment...