Publication:
Post-Privatization Performance-Regulating Telecommunications in the U.K : Testing for Regulatory Capture

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dc.contributor.authorDnes, Antony
dc.date.accessioned2012-08-13T15:37:34Z
dc.date.available2012-08-13T15:37:34Z
dc.date.issued1995-10
dc.description.abstractPrivatized in 1984, British Telecommunications (BT) is the longest-standing privatized utility in the United Kingdom. Comparing BT's stock market returns over a long period with returns for a comparable sample of firms not affected by regulation, the author assesses whether the new telecommunications regulatory regime has been "captured" (unduly influenced) by consumer groups, BT, or BT's competitor. He concludes that some regulatory decisions have favored consumers, some have accommodated BT, and some have favored BT's competitor and that, overall, the regulatory regime has checked monopoly power.en
dc.identifierhttp://documents.worldbank.org/curated/en/1995/10/696999/post-privatization-performance-regulating-telecommunications-uk-testing-regulatory-capture
dc.identifier.citationViewpoint. -- Note No. 60 (October 1995)
dc.identifier.doi10.1596/11647
dc.identifier.urihttps://hdl.handle.net/10986/11647
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesViewpoint
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectDENATIONALIZATION
dc.subjectMONOPOLIES
dc.subjectMARKET COMPETITION
dc.subjectMARKET RETURNS
dc.subjectPRIVATE INTEREST
dc.subjectPUBLIC INTEREST
dc.subjectREGULATORY AGENCY
dc.subjectTELECOMMUNICATIONS ANTITRUST
dc.subjectANTITRUST LAW
dc.subjectCONSUMER INTERESTS
dc.subjectCONSUMERS
dc.subjectDECISIONMAKING
dc.subjectDEREGULATION
dc.subjectDUOPOLY
dc.subjectECONOMIC REGULATION
dc.subjectECONOMISTS
dc.subjectELECTRICITY
dc.subjectMERGERS
dc.subjectMONOPOLY
dc.subjectMONOPOLY POWER
dc.subjectNATURAL MONOPOLIES
dc.subjectOLIGOPOLIES
dc.subjectPOSITIVE EFFECTS
dc.subjectPRICE CONTROLS
dc.subjectPRIVATE SECTOR
dc.subjectREGULATOR
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AGENCY
dc.subjectREGULATORY BODIES
dc.subjectREGULATORY CAPTURE
dc.subjectREGULATORY ENVIRONMENT
dc.subjectREGULATORY PROCESS
dc.subjectREGULATORY PROGRAMS
dc.subjectTAX
dc.subjectTAXATION
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL OUTPUT
dc.subjectTREASURY
dc.subjectUTILITIES
dc.subjectWELFARE ECONOMICS
dc.titlePost-Privatization Performance-Regulating Telecommunications in the U.K : Testing for Regulatory Captureen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T09:26:58.528632Z
okr.doctypePublications & Research::Viewpoint
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/1995/10/696999/post-privatization-performance-regulating-telecommunications-uk-testing-regulatory-capture
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid563001468781780186
okr.identifier.externaldocumentum090224b0854c4f76_2_0
okr.identifier.internaldocumentum696999
okr.identifier.report16920
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/1995/10/01/000009265_3980420172817/Rendered/PDF/multi_page.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryUnited Kingdom
okr.sectorTelecommunications and Informatics
okr.sectorInformation and communications
okr.topicPublic Sector Economics
okr.topicInsurance and Risk Mitigation
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicAdministrative and Regulatory Law
okr.topicFinance and Financial Sector Development
okr.topicMacroeconomics and Economic Growth
okr.topicPublic Sector Development
okr.topicLaw and Development
okr.topicEnvironment
okr.unitOff of VP
okr.unitFPD&IFC Chief Econ-WB (FPDVP)
okr.volume1 of 1
relation.isSeriesOfPublication1067ecbf-b217-4376-a77e-64594be2b212
relation.isSeriesOfPublication.latestForDiscovery1067ecbf-b217-4376-a77e-64594be2b212
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