Abstract
The distribution of gas in the UK was taken into state ownership in 1949. For almost forty years gas competed in the energy market with two other state-owned industries, electricity and coal, and with private sector oil companies. During this period, pricing and investment decisions were governed by state guidelines designed to ensure that the gas industry was run in the interest of society.
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© 1993 Paul R. Ferguson, Glenys J. Ferguson and R. Rothschild
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Ferguson, P.R., Ferguson, G.J., Rothschild, R. (1993). Government and the Firm: The Impact of Economic Management. In: Business Economics. Macmillan Texts in Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-22696-2_13
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DOI: https://doi.org/10.1007/978-1-349-22696-2_13
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-54247-7
Online ISBN: 978-1-349-22696-2
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