Market Distortions in Privatisation Processes

Market Distortions in Privatisation Processes explores how market distortions damaged the ability of privatisation processes to yield concrete benefits to consumers, comparing and contrasting privatisations in the electricity, gas, telecoms, and postal services sectors. It also looks at how public service objectives can be designed in pro-competitive or anti-competitive ways.

Format: Hardback
Length: 104 pages
Publication date: 21 December 2022
Publisher: Taylor & Francis Ltd

Drawing on a diverse array of global case studies, Market Distortions in Privatisation Processes delves into the intricate ways in which market distortions hindered the ability of privatisation processes to deliver tangible benefits to consumers. The book offers a comprehensive comparison and analysis of privatisations across various industries, including electricity and gas, telecommunications, and postal services, each of which has undergone privatisation in distinct contexts. By examining the UK and US experiences alongside international cases from developed and developing countries such as Japan, Colombia, Romania, and Mexico, the book sheds light on the impact of market distortions on the outcomes of these privatisations.

The primary focus of the book lies in analysing the profound effects of market distortions on the outcomes of privatisations. It explores how these distortions undermined the intended objectives of public service provision, potentially leading to suboptimal outcomes for consumers. Moreover, the book examines the strategies employed to achieve public service objectives and investigates whether these strategies were designed in a pro-competitive or anti-competitive manner.

This insightful book holds immense value for readers engaged in international business, economics, and law. It provides valuable insights into the complex dynamics of privatisation processes, the challenges posed by market distortions, and the strategies employed to navigate them effectively. By examining the experiences of different countries and industries, the book offers a comprehensive understanding of the factors that shape the outcomes of privatisation and the implications for policymakers, investors, and consumers alike.

Weight: 367g
Dimension: 216 x 138 (mm)
ISBN-13: 9781032419350