{"product_id":"privatisation-and-regulation-von-markus-assner","title":"Privatisation and Regulation","description":"\u003cp\u003eSeminar paper from the year 2004 in the subject Economy - Theory of Competition, Competition Policy, grade: 1, University of Ulster (School of Business  Organisation and Management), course: Business Economics, language: English, abstract: Index \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIntroduction \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e1. The market forces argument 4\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e2. Breakdown of the market forces argument in natural monopolies 6\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e3. Economic key issues which regulators of privatised industries should consider 8\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e4. References 12\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIntroduction \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis essay covers some issues of privatisation and regulation. It is divided into three parts. Part one gives a brief outline of the author`s understanding of the market forces argument for privatisation. In the second part it is explained what is meant by a natural monopoly and why the market forces argument does not hold if an industry is a natural monopoly. The third part then discusses which economic key issues should be considered by the regulatory body of a privatised industry. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePrivatisation is the transfer of public ownership away from the state to private ownership. \u003c\/p\u003e\u003cp\u003eRegulation is a limitation on the behaviour of firms or organizations, imposed by the government.\u003c\/p\u003e\u003cp\u003eFrom the view of competition it is the aim to remove market distortions which are caused by public enterprises and regulations (Case K. et al. 1999: 356.)\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783638782128\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783638782128","offer_id":39439020916829,"sku":"9783638782128","price":17.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/3bf0e26a-0d85-4ad9-8a2a-5a1abcc22638.jpg?v=1777354648","url":"https:\/\/shop.autorenwelt.de\/products\/privatisation-and-regulation-von-markus-assner","provider":"Autorenwelt Shop","version":"1.0","type":"link"}