Making EU Network Markets Competitive

J. Pelkmans
2001 Oxford review of economic policy  
Since the late 1980s the EU has made great strides in the liberalization of network markets. This article assumes a horizontal perspective, juxtaposing different network markets while focusing solely on the rules and policies at EU level. A six-step checklist is applied to facilitate a comparative analysis of EU regulatory liberalization in gas, electricity, telecoms, postal services, and rail and air transport. Competition policy is discussed with respect to: the relation between regulation
more » ... tween regulation and competition policy; the role of the EC Court; the 'essential facility' doctrine; defining relevant markets; and merger control in network industries. Finally, the question is addressed as to whether these network industries operate in an EC internal market. The answer is no. Policy recommendations: the EU defines a well-considered overall strategy for network market liberalization; the issue of the internal market with common regulators, at least where a subsidiarity test is passed, should be squarely addressed.
doi:10.1093/oxrep/17.3.432 fatcat:wiamvc4od5c55h7m6gqpdgktpe