Divestiture as an Instrument of a Pro-Active Competition Policy: Conceptual Issues and Lessons from International Experiences

Electricity Journal, Vol. 22, No. 3, pp. 57-69, 2009

56 Pages Posted: 26 May 2008 Last revised: 9 Sep 2009

Christian von Hirschhausen

German Institute for Economic Research (DIW Berlin) - Department of International Economics

Anne Neumann

affiliation not provided to SSRN

Hannes Weigt

WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel

Date Written: 2007

Abstract

Given insufficiently competitive wholesale electricity markets in Germany there is an ongoing discussion about the appropriate instruments of a pro-active competition policy. This study analyzes horizontal divestiture form an economic perspective. We discuss the conceptual justification of divestiture and report on selected empirical evidence on divestiture.

Keywords: electricity, divestiture

JEL Classification: L94

Suggested Citation

von Hirschhausen, Christian and Neumann, Anne and Weigt, Hannes, Divestiture as an Instrument of a Pro-Active Competition Policy: Conceptual Issues and Lessons from International Experiences (2007). Electricity Journal, Vol. 22, No. 3, pp. 57-69, 2009. Available at SSRN: https://ssrn.com/abstract=1136776

Christian Von Hirschhausen

German Institute for Economic Research (DIW Berlin) - Department of International Economics ( email )

Mohrenstraße 58
Berlin, 10117
Germany
+49-30-89789-343 (Phone)
+49/30/897 89 -200 (Fax)

Anne Neumann

affiliation not provided to SSRN ( email )

Hannes Weigt (Contact Author)

WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel ( email )

Basel, 4051
Switzerland

HOME PAGE: http://fonew.unibas.ch/

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