ENGLISH

Deregulatory Takings and the Regulatory Contract: The Competitive Transformation of Network Industries in the United States

By Daniel F. Spulber , J. Gregory Sidak

Book information

Year
1998
ISBN
9780511572227, 0521658713, 9780521591591, 0521591597, 9780521658713
LCC
HE7781 .S56 1997
Open Library ID
OL684001M
Language
english
Format
PDF
Filesize
10 MB (10039523 bytes)
Edition
2
Pages
656\653
Time added
2011-06-04 13:46:07

Description

This book addresses deregulatory policies that threaten to reduce or destroy the value of private property in network industries without any accompanying payment of just compensation, policies that are termed "deregulatory takings." The authors further consider the problem of renegotiation of the regulatory contract, which changes the terms and conditions of operation of utility companies. They argue that constitutional protections of private property from takings, as well as efficient remedies for contractual breach, provide the proper foundation for the competitive transformation of the network industries.

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