Electricity Journal, Vol. 22, No. 3, pp. 57-69, 2009
56 Pages Posted: 26 May 2008 Last revised: 9 Sep 2009
Date Written: 2007
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: 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