Checks and Balances in Utility Regulation The U.K. Experience

• Tác giả: Richard Green
• Ngôn ngữ: eng
• Ký hiệu phân loại: 507.44 Education, research, related topics
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 313835
• Chủ đề: 1. JUDICIAL REVIEW; 2. REGULATORY BODIES; 3. REGULATORY CONTROL; 4. REGULATORY PROGRAMS; 5. UTILITIES

Tóm tắt

In the United States the courts have long been involved in the oversight of regulators. In the United Kingdom, which created its utility regulators from scratch in the 1980s, an alternative system was sought. This system centers on three concerns: the procedure followed by the regulator, the substance of the decisions, and the acceptability of the decisions to the public. Three main institutions have oversight roles: the Competition Commission (formerly the Monopolies and Mergers Commission), parliamentary select committees, and the courts. This Note reviews the roles of these institutions.