The Regulatory Challenge

Paperback | February 1, 1995

EditorMatthew Bishop, John Kay, Colin Mayer

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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 aninevitable 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.

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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 aninevitable part of the structural changes in t...

John Kay is at London Business School.

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Format:PaperbackDimensions:468 pages, 9.21 × 6.14 × 0.98 inPublished:February 1, 1995Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0198773420

ISBN - 13:9780198773429

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`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