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#Tech, Media, Telecom

Network industries: efficient regulation, affordable & adequate services

  • July 18, 2014
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DOSSIER | Network industries: efficient regulation, affordable & adequate services
PRESENTATION | Network industries: efficient regulation, affordable & adequate services

CERRE regulation dossier for the European Commission 2014-2018.

Europe’s policies and, in growing quarters, its very nature are being seriously challenged by its citizens. The new European Commission elected in 2014 will more than ever be assessed on its capability to take the Union forward.

Among many issues on the Commission agenda, those related to the regulation of network industries will have to be addressed in a particularly assertive, though careful way.

This is so because, as citizens, we are also users and consumers of electricity, gas, heating, rail transport, electronic communications, media, postal and water services. Robust, reliable and transparent regulation systems and practices in those network industries are a necessary condition to affordable and adequate services in the short-, medium- and long-run.

Therefore, effective and efficient regulation of network industries constitutes a visible and integral part of the good governance that citizens expect from public authorities at all levels and in particular from the Commission.

Since the late ’80s, the latter has been at the spearhead of the liberalisation process. It has also initiated, laid the foundations and played a key part in the development of those industries’ regulation.

This CERRE contribution to the policy debate includes original, sector-specific and cross-sector recommendations on future regulatory policy in network industries.  It provides a critical view on some measures and policies which are in the pipeline or already implemented, on others which should be reconsidered or approached differently and, eventually, on new initiatives to be taken.

It has been developed in full independence by a group of some 20 academics recognised among the best economists and lawyers in their respective fields.

Author(s)
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Tommaso Valletti
Tommaso Valletti
CERRE Honorary Academic Director
Imperial College Business School

Tommaso Valletti is Professor of Economics at Imperial College Business School and at the University of Rome Tor Vergata. His research interests are in industrial economics, regulation, and telecommunications economics.

He is a member of the panel of academic advisors to OFCOM and held a similar position with the UK Competition Commission. He has also been Chief Economist of the European Commission’s DG Competition.

Tommaso Valletti holds a PhD in Economics from the London School of Economics.

Tommaso Valletti is Professor of Economics at Imperial College Business School and at the University of Rome Tor Vergata. His research interests are in industrial economics, regulation, and telecommunications economics.

He is a member of the panel of academic advisors to OFCOM and held a similar position with the UK Competition Commission. He has also been Chief Economist of the European Commission’s DG Competition.

Tommaso Valletti holds a PhD in Economics from the London School of Economics.

Pierre Larouche
Pierre Larouche
Research Fellow
and University of Montréal

Prof. Pierre Larouche holds the chair of Law and Innovation at Université de Montréal, where he also directs the PhD programme on Innovation, Science, Technology and Law.

A graduate of McGill University, Bonn University and Maastricht University and a law clerk at the Supreme Court of Canada, Pierre Larouche was Professor of Competition Law at Tilburg University (Netherlands) from 2002 to 2017. There he founded and directed the Tilburg Law and Economics Center (TILEC), one of the largest research centres on economic governance. He also conceived and launched the Bachelor Global Law, an innovative law degree inspired by his meta-comparative and inter-disciplinary method. In his capacity as Associate Dean, he led the LL.B. reform at Université de Montréal. Pierre Larouche also taught at the College of Europe (Bruges) (2004-2016), and he has been a guest professor or scholar at McGill University (2002), National University of Singapore (2004, 2006, 2008, 2011, 2013), Northwestern University (2009-2010, 2016-2017), Sciences Po (2012), the University of Pennsylvania (2015) and the Inter-Disciplinary Center (IDC, 2016).

Pierre Larouche’s research centers around economic governance, and in particular how law and regulation struggle to deal with complex phenomena such as innovation. An expert in competition law and civil liability, his works have been cited by the European Court of Justice and the UK Supreme Court, and they have influenced EU policy on electronic communications, competition and standardisation.

Prof. Pierre Larouche holds the chair of Law and Innovation at Université de Montréal, where he also directs the PhD programme on Innovation, Science, Technology and Law.

A graduate of McGill University, Bonn University and Maastricht University and a law clerk at the Supreme Court of Canada, Pierre Larouche was Professor of Competition Law at Tilburg University (Netherlands) from 2002 to 2017. There he founded and directed the Tilburg Law and Economics Center (TILEC), one of the largest research centres on economic governance. He also conceived and launched the Bachelor Global Law, an innovative law degree inspired by his meta-comparative and inter-disciplinary method. In his capacity as Associate Dean, he led the LL.B. reform at Université de Montréal. Pierre Larouche also taught at the College of Europe (Bruges) (2004-2016), and he has been a guest professor or scholar at McGill University (2002), National University of Singapore (2004, 2006, 2008, 2011, 2013), Northwestern University (2009-2010, 2016-2017), Sciences Po (2012), the University of Pennsylvania (2015) and the Inter-Disciplinary Center (IDC, 2016).

Pierre Larouche’s research centers around economic governance, and in particular how law and regulation struggle to deal with complex phenomena such as innovation. An expert in competition law and civil liability, his works have been cited by the European Court of Justice and the UK Supreme Court, and they have influenced EU policy on electronic communications, competition and standardisation.

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Natalia Fabra
CERRE Honorary Academic Director
Universidad Carlos III de Madrid

Professor Natalia Fabra is a Professor in the Economics Department of Universidad Carlos III de Madrid. She is also Research Affiliate at the Centre of Economic Policy Research in London and Associate Editor of the Journal of Industrial Economics. She edits RePEc’s New Economic Papers on Regulation. In the past, Natalia has been a visiting scholar at various universities, including the University of California Energy Institute, the Institut d’Economie Industrielle (Toulouse), and Nuffield College (Oxford). Natalia works in the field of Industrial Organisation, with emphasis on Regulation an Competition Policy issues. She has worked extensively on the economic analysis of electricity markets. She holds a PhD from the European University Institute.

Professor Natalia Fabra is a Professor in the Economics Department of Universidad Carlos III de Madrid. She is also Research Affiliate at the Centre of Economic Policy Research in London and Associate Editor of the Journal of Industrial Economics. She edits RePEc’s New Economic Papers on Regulation. In the past, Natalia has been a visiting scholar at various universities, including the University of California Energy Institute, the Institut d’Economie Industrielle (Toulouse), and Nuffield College (Oxford). Natalia works in the field of Industrial Organisation, with emphasis on Regulation an Competition Policy issues. She has worked extensively on the economic analysis of electricity markets. She holds a PhD from the European University Institute.

Bruno Liebhaberg (Website)
Bruno Liebhaberg
Executive Chairman¹ ²

Bruno Liebhaberg is Executive Chairman of the think tank Centre on Regulation in Europe (CERRE) which he founded in 2010.

From 2018 to 2021, he was also the first Chairman of the European Union Observatory on the Online Platform Economy. He is also an Honorary Professor at the Université Libre de Bruxelles’ Solvay Brussels School of Economics and Management (SBS-EM ULB) where he taught from 1979 to 2018. Earlier in his career, he advised former European Commission President Jacques Delors on industry and R&D matters related to the completion of the EU Single Market.

He holds a Master’s in management sciences from SBS-EM ULB and a Ph.D. in Industrial Relations from the London School of Economics and Political Science.

 

¹Also representing B.LIEBHABERG S.A., Director General

²Member of the Strategic Committee

Bruno Liebhaberg is Executive Chairman of the think tank Centre on Regulation in Europe (CERRE) which he founded in 2010.

From 2018 to 2021, he was also the first Chairman of the European Union Observatory on the Online Platform Economy. He is also an Honorary Professor at the Université Libre de Bruxelles’ Solvay Brussels School of Economics and Management (SBS-EM ULB) where he taught from 1979 to 2018. Earlier in his career, he advised former European Commission President Jacques Delors on industry and R&D matters related to the completion of the EU Single Market.

He holds a Master’s in management sciences from SBS-EM ULB and a Ph.D. in Industrial Relations from the London School of Economics and Political Science.

 

¹Also representing B.LIEBHABERG S.A., Director General

²Member of the Strategic Committee

Catherine Waddams
Catherine Waddams
CERRE Honorary Academic Director
University of East Anglia

Professor Catherine Waddams is a Research Fellow at CERRE and a faculty member of the Centre for Competition Policy and Professor at the Norwich Business School of the University of East Anglia.

She is also a board member of OFWAT, the water regulator in England and Wales. Her research interests are in Industrial Organisation. Professor Waddams has published widely on privatisation, regulation and competition in energy markets.

She holds a PhD in Economics from the University of Nottingham.

Professor Catherine Waddams is a Research Fellow at CERRE and a faculty member of the Centre for Competition Policy and Professor at the Norwich Business School of the University of East Anglia.

She is also a board member of OFWAT, the water regulator in England and Wales. Her research interests are in Industrial Organisation. Professor Waddams has published widely on privatisation, regulation and competition in energy markets.

She holds a PhD in Economics from the University of Nottingham.

Martin Peitz
Martin Peitz
Former CERRE Research Fellow
University of Mannheim

Professor Martin Peitz is a former CERRE Research Fellow and Professor of Economics at the University of Mannheim. He is also a Director of the Mannheim Centre for Competition and Innovation.

His policy research focuses on digital markets, regulation, and competition economics.

Martin holds a PhD in Economics from the University of Bonn.

Professor Martin Peitz is a former CERRE Research Fellow and Professor of Economics at the University of Mannheim. He is also a Director of the Mannheim Centre for Competition and Innovation.

His policy research focuses on digital markets, regulation, and competition economics.

Martin holds a PhD in Economics from the University of Bonn.

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