The assessment: introducing competition into regulated industries
探讨在公用事业等受监管行业中引入竞争的不同形式，分析其对产业结构、合同、交叉补贴、分配问题及不确定性的影响，并指出英国监管机构在政策一致性上的不足。
The introduction of competition into utilities is currently being pursued in the many countries, including the UK. Competition can take various forms, such as competition for outputs, inputs, franchises, and outright takeovers. Attention is currently focused on output competition, whereby customers are being given a choice of final supplier in many industries. We consider the implications of the introduction of such competition, including the effects on industrial structure and contracts, cross-subsidies and distributional concerns, and uncertainty and stranded contracts. We also analyze the transitional problems encountered as competition is introduced and suggest that the UK regulators and government have, in some key respects, failed to define a clear and consistent policy.