Journal of Industry, Competition and Trade

, Volume 3, Issue 1, pp 5-26

First online:

Vertical Restructuring (or Not) of the Infrastructure Sectors of Transition Economies

  • Russell PittmanAffiliated withEconomic Analysis Group, Antitrust Division, U.S. Dept. Justice

Rent the article at a discount

Rent now

* Final gross prices may vary according to local VAT.

Get Access


One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatization, restructuring, user prices, and terms of access in these sectors, regarding both developed and developing countries. Somewhat less attention has been devoted to issues regarding vertical restructuring, which are notable in the degree to which in different sectors and in different locations they raise similar questions that may have very different answers. This paper suggests a framework for answering such questions and seeks to apply it to the railroad, electricity, and telecommunications sectors in transition economies.

vertical restructuring competition regulation infrastructure transition