The last decade has witnessed the introduction of an elaborate system of regulation in the UK. Whole segments of British industry are now operating under the supervision of regulatory bodies not dissimilar to the government departments they were designed to replace. Regulation has been an inevitable part of the structural changes in the 1980s, notably the privatization programme and changes in the financial services industries. This book assesses these developments across a number of sectors (utilities, telecommunications, financial services, health, and higher education) and offers a range of perspectives for understanding the various objectives, mechanisms, and institutions involved. The book offers important insights into the way in which the structure of privatized insutries interact with the form of regulation. It has significant implications for countries that are embarking on the process of privatization, regulation, and deregulation of their industries.
Reviews
`Excellent book. Good coverage.' S.J. Slater, Napier University
The essays are sophisticated and up-to-date treatments of the relevant problems. They would make useful supplementary reading in North American upper-level undergraduate and graduate courses on regulation and are very strongly recommended. * D.E. Moggridge, University of Toronto, Choice *
The book is interesting, the introduction excellent. * The Economic Journal *
A useful text for those interested in current and future developments of regulatory policy. * Long Range Planning *
The book is well planned, so that it covers a wide scope of industries other than basic privatized industries ... all the public utilities ... and many services ... Useful empirical studies of market structure, conduct and performance are often included. * The Southern Economic Journal *



Book Information
ISBN 9780198773429
Author Matthew Bishop
Format Paperback
Page Count 468
Imprint Oxford University Press
Publisher Oxford University Press
Weight(grams) 746g
Dimensions(mm) 235mm * 156mm * 25mm