Negotiated third party access: An industrial organisation perspective

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

In the course of the liberalization of European energy markets, the German government opted-diverging from all other European countries-for Negotiated Third-Party Access. In this article we analyze if, theoretically, this institutional regime can be superior to regulation. We review empirically whether certain aspects of the actual implementation, in particular publication of the network access charges for each network supplier, facilitated or inhibited competition. In the first place we reconsider previous research, showing that NTPA can-under certain conditions-be economically effective. Our empirical analysis shows that the duty of publishing access charges supported market transparency and imposed a regulatory threat, particularly to suppliers with significantly above-average charges. On the other hand observable price adjustments over time serve as an indicator of tacit collusion. Although the expensive suppliers cut their prices, the cheaper ones raised theirs.

Original languageEnglish
JournalEuropean Journal of Law and Economics
Volume20
Issue number2
Pages (from-to)165-183
Number of pages19
ISSN0929-1261
DOIs
Publication statusPublished - 01.09.2005

Bibliographical note

Funding Information:
∗We thank Maik Heinemann, Joachim Wagner and two anonymous referees for helpful comments and the Lower Saxonian Ministry of Science and Culture for financial support.

    Research areas

  • Economics
  • Deregulation, Tacit collusion, Vertical integration

Recently viewed

Publications

  1. Determination of bearing clearance by the application of neural networks
  2. Positionings: Toward a Relational Understanding of Representation and Writing in Organizational Communication Research
  3. Geometrical Characterization of Polyethylene Oxide Nanofibers by Atom Force Microscope and Confocal Laser Scanning Microscope
  4. Why reinvent the wheel
  5. Technological Innovation System des Schwungmassenspeichers
  6. Evaluating social learning in participatory mapping of ecosystem services
  7. Mathematik 1
  8. Calling and career preparation
  9. Community resilience for a 1.5 degrees C world
  10. Komparative studier i børnelitterature
  11. OSZE
  12. Texturig Space
  13. Institutional change in the German higher education system
  14. Personalbeschaffung
  15. Austria
  16. Transindividuelle Affizierung
  17. Development of high strength-ductility Mg-Er extruded alloys by micro-alloying with Mn
  18. Article 21 Formal Validity
  19. A framework for disentangling ecological mechanisms underlying the island species–area relationship
  20. The power of philology between sacralisation and poetic and aesthetic semi-secularisation
  21. A high power dye laser pumped by a crowbar mode flashlamp
  22. Mechanisms of short-term soil carbon storage in experimental grasslands
  23. Requests in Informal Conversations
  24. Supportive Mental Health Self-Monitoring among Smartphone Users with Psychological Distress
  25. Tree species richness strengthens relationships between ants and the functional composition of spider assemblages in a highly diverse forest
  26. WhatsApp und das prozessuale Interface
  27. Broadening the scope of ecosystem services research
  28. Positive Adolescent Career Development
  29. Process parameter assessment on the dissimilar deposition of AA2024-T351 on AA7475-T761 by friction surfacing
  30. Energy management for inductive power transmission
  31. Recycling-oriented fabrication of soft robots
  32. Special issue on Responsible Management Learning: