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Competition, Diversification, and Disintegration in Regulated Industries

  • Michael A. Crew
Part of the Topics in Regulatory Economics and Policy book series (TREP, volume 3)

Abstract

In telecommunication, electricity, gas, and even water, there has been significant entry by competitors and an increased trend toward diversification on the part of existing regulated utilities. Even before the breakup of the Bell System on January 1, 1984, there had been entry into the long distance business which had formerly been the exclusive province of AT&T. Since 1984, the seven Regional Holding Companies (RBOCs) have proceeded to diversify into other (usually closely related) businesses. In addition they have attempted to remove, relax, and change the regulation of their traditional businesses.

Keywords

Public Utility Electric Utility Lexington Book Generation Business Contestable Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. Baumol, William J., John C. Panzar, and Robert D. Willig. 1982. Contestable Markets and the Theory of Industry Structure. New York: Harcourt Brace Javanovich.Google Scholar
  2. Crew, Michael A., and Keith J. Crocker. 1988. “Diversification and Regulated Monopoly.” Rutgers University, Graduate School of Management, Working Paper, #87–001.Google Scholar
  3. Jurewitz, John L. 1988. “Deregulation of Electricity: A View from Utility Management.” Contemporary Policy Issues 6 (No. 3, July): 25–41.CrossRefGoogle Scholar
  4. Phillips, Almarin. 1982. “The Impossibility of Competition in Telecommunications.” In Regulatory Reform and Public Utilities, edited by Michael A. Crew. Lexington, MA: Lexington Books.Google Scholar
  5. Phillips, Almarin. 1985. “The Re-integration of Telecommunications: An Interim View.” In Analyzing the Impact of Regulatory Change, edited by Michael A. Crew. Lexington MA: Lexington Books.Google Scholar

Copyright information

© Kluwer Academic Publishers 1989

Authors and Affiliations

  • Michael A. Crew

There are no affiliations available

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