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Strategic change in the market for domestic electricity in the UK

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Brigham, Bitten and Waterson, Michael (2003) Strategic change in the market for domestic electricity in the UK. Discussion Paper. [Warwick Business School, Centre for Management under Regulation].

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Official URL: http://www2.warwick.ac.uk/fac/soc/wbs/research/cmu...

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Abstract

This paper examines developments in the market for domestic electricity supply in the UK since September 1998 when the market was thrown over to competition using a variety of sources including firm interviews and a consumer questionnaire. We find that there was a substantial amount of entry, but that there has since been significant consolidation. There is still a substantial gap between the prices set by a firm in its incumbent area and prices obtainable from entrants to the market. There is no evidence
that the market is near to Bertrand in operation.

Item Type: Working or Discussion Paper (Discussion Paper)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Warwick Business School
Library of Congress Subject Headings (LCSH): Electric utilities -- Great Britain, Public utilities -- Deregulation -- Great Britain, Competition -- Great Britain
Publisher: [Warwick Business School, Centre for Management under Regulation]
Official Date: February 2003
Dates:
DateEvent
February 2003UNSPECIFIED
Number of Pages: 20
Institution: University of Warwick
Status: Not Peer Reviewed
Access rights to Published version: Open Access
Funder: Leverhulme Trust (LT), Electricity Association Fuel Poverty Task Force
Grant number: F215/AX

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