The Competition Law & Economics of Electricity Market Regulation

Peter Møllgaard, Claus Kastberg Nielsen

Research output: Working paperResearch

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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.
Original languageEnglish
Place of PublicationKøbenhavn
Number of pages10
Publication statusPublished - 2003
SeriesLEFIC Working Paper
Number2003-02

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