Privatization Experiences in France

55 Pages Posted: 1 Jun 2004

See all articles by Michel Berne

Michel Berne

SGES

Gerard Pogorel

Telecom ParisTech-Ecole Nationale Superieure des Telecommunications

Date Written: May 2004

Abstract

France lived through a long period of nationalization until the early 1980s, when nearly all the largest industrial firms as well as all the banks and public services were state-owned. Since then, a series of privatization moves have caused the state sector to shrink. Public services present a complex situation. For example, after its IPO, the national telecommunications operator France Telecom was simultaneously subjected to the deregulation of the telecom market in the world and to a new type of governance. EDF, the national electricity producer, is next in line and should experience the same problems and opportunities.

Keywords: France, privatisation, competition, regulation, utilities

JEL Classification: L33, L50, L97

Suggested Citation

Berne, Michel and Pogorel, Gerard, Privatization Experiences in France (May 2004). CESifo Working Paper Series No. 1195. Available at SSRN: https://ssrn.com/abstract=553962

Michel Berne (Contact Author)

SGES ( email )

Evry Cedex, 91011
France

Gerard Pogorel

Telecom ParisTech-Ecole Nationale Superieure des Telecommunications ( email )

46, rue Barrault
Paris Cedex 13, F-75634
France

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