Committed to Reform?

This book provides in-depth case studies of EU competition enforcement in the electricity sector. It shows how the European Commission bends and stretches competition law beyond its proper limits to accommodate non-competition goals. The book’s cross-disciplinary approach and clear, straightforward language makes it a good read for both lawyers and economists interested in the interplay between the EU competition and energy policies and their impact on electricity markets.
Author(s):
Malgorzata Sadowska
Series:
European Studies in Law and Economics (EDLE)
Volume:
15
book | published | 1st edition
September 2014 | xii + 252 pp.

Paperback
€74.-


ISBN 9781780682501


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Details

A wave of antitrust scrutiny has swept across the European energy markets in recent years. For fear of drawn-out competition law investigations and high fines, targeted energy firms voluntarily offered far-reaching commitments to the European Commission, oftentimes selling off substantial parts of their business.

The Commission has an ambitious plan to create a single market for energy, but liberalisation processes often meet opposition from governments and industry stakeholders. Whenever the EU energy reforms get stuck in political deadlocks, the Commission eagerly resorts to competition enforcement and pushes forward its energy agenda through the back door of negotiations with investigated energy companies. Does this instrumental use of competition rules really foster energy market integration? Or does it backfire and actually hinder, rather than serve, its purpose?

This book provides in-depth case studies of EU competition enforcement in the electricity sector. It shows how the Commission bends and stretches competition law beyond its proper limits to accommodate non-competition goals. The book’s cross-disciplinary approach and clear, straightforward language makes it a good read for both lawyers and economists interested in the interplay between the EU competition and energy policies and their impact on electricity markets.

“[T]his book helps to decode the complex reality underlying these current developments and shed light to the future uses of antitrust and regulatory powers to create the Energy Union.” – Anatole Boute, Hong Kong

Chapters

Table of Contents (p. 0)

Chapter 1. Introduction (p. 1)

Chapter 2. Energy Liberalisation: Excessive Pricing Actions Dusted Off ? (p. 79)

Chapter 3. Energy Liberalisation in an Antitrust Straitjacket: A Plant Too Far? (p. 93)

Chapter 4. Market Integration and Economic Efficiency in Conflict? Commitments in the Swedish Interconnectors Case (p. 135)

Chapter 5. Power Markets Shaped by Antitrust (p. 169)

Chapter 6. Conclusions (p. 213)

Chapter 7. Summary (p. 227)

References (p. 231)

About the series:

European Studies in Law and Economics (EDLE)

The series European Studies in Law and Economics is devoted to further the understanding of Law and Economics in Europe. The volumes published in this series present an interdisciplinary perspective on the effects of laws on people’s behaviour and on the economic system. The ample topics address a wide audience, including policy makers, legislators, economists, lawyers and judges. The series is peer-reviewed.

The series is an initiative of the PhD programme ‘European Doctorate in Law and Economics’ (EDLE). The EDLE is the academic response to the increasing importance of the economic analysis of law in Europe. The programme is offered by the Universities of Bologna, Hamburg and Rotterdam in association with the Indira Gandhi Institute of Development Research, Mumbai (India). PhD students receive the unique opportunity to study law and economics in three different countries. The programme prepares economists and lawyers of high promise for an academic career in a research field of growing importance or for responsible positions in government, research organisations and international consulting firms.

The European Commission sponsors the EDLE as an excellence programme under the prestigious Erasmus Mundus scheme. For further information please visit: www.edle-phd.eu.

The editorial board of the series consists of Prof. Dr. Michael G. Faure (Erasmus University Rotterdam), Prof. Dr. Luigi A. Franzoni (University of Bologna) and Prof. Dr. Stefan Voigt (University of Hamburg).

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