Author/Authors :
Julian Barquin، نويسنده , , Lars Bergman، نويسنده , , Claude Crampes، نويسنده , , Jean-Michel Glachant، نويسنده , , Richard Green، نويسنده , , Christian von Hirschhausen، نويسنده , , François Lévêque، نويسنده , , Steven Stoft، نويسنده ,
Abstract :
In the electricity sector the use of merger remedies is a risky game to play. To protect consumers, economics suggests that merger controls be more cautious and stringent than in other sectors. It is better to risk being wrong in prohibiting a merger or imposing severe procompetitive remedies than to risk being wrong in approving a merger with possibly ineffective remedies.