Abstract
Price correlations are used to delineate the geographic market in two
recent Danish electricity cases. They indicate that power generators hold temporally
transitory and irregularly intermittent dominant positions. Calculation of the Lerner
index reveals that they abused this position. The Danish Competition Authority
decided to settle this case by agreement for reasons explained. We finally indicate
how economics may be used pro-actively to achieve a better market design.
recent Danish electricity cases. They indicate that power generators hold temporally
transitory and irregularly intermittent dominant positions. Calculation of the Lerner
index reveals that they abused this position. The Danish Competition Authority
decided to settle this case by agreement for reasons explained. We finally indicate
how economics may be used pro-actively to achieve a better market design.
| Originalsprog | Engelsk |
|---|---|
| Udgivelsessted | København |
| Antal sider | 10 |
| Status | Udgivet - 2003 |
| Navn | LEFIC Working Paper |
|---|---|
| Nummer | 2003-02 |
Emneord
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