Competition Policy & Utility Regulation

Competition, like fire, is a great servant and a terrible master. This section describes the UK competition regime, and discusses what works well, and what doesn't.

General

The Five Instruments

Competition authorities have access to five weapons in their fight to maintain competition:-

  1. Cartels
  2. Abuse of Dominant Position
  3. Merger Control
  4. Market Studies & Investigations
  5. Utility Regulation

Identifying a competition problem can be only half the battle.  Here is some advice about Designing Effective Remedies

And here is a comparison of the EU, US, Indian & UK Competition Regimes

Policy Questions

 

Martin Stanley

Spotted something wrong?
Please do drop me an email if you spot anything that is out-of-date, or any other errors, typos or faulty links.