The Politics of Regulation: Privatized Utilities in Britain
Book information
Description
The privatization of British utilities by the conservative governments of the 1980s and 1990s was a major shift in public policy. It was also an experiment in reinventing government, since the newly privatized companies were regulated by high-profile individuals. Frequently criticized and often controversial, the regulators still wield enormous power over a large sector of the British Economy. This book tells the story of their first 15 years of controlling prices, introducing competition, refereeing mergers, and sometimes clashing with the government.
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