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The End of a Natural Monopoly : Deregulation and Competition in the Electric Power Industry

Cole, Daniel H. Grossman, Peter

The Economics of Legal Relationships

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This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.

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