{"id":110109,"date":"2024-01-22T16:26:48","date_gmt":"2024-01-22T15:26:48","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/110109\/"},"modified":"2024-11-07T03:40:32","modified_gmt":"2024-11-07T02:40:32","slug":"competition-and-competition-policy-in-the-austrian-electricity-market-a-critical-review-four-years-after-market-liberalisation","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/110109\/","title":{"rendered":"Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-110109","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Electricity market liberalisation introduced in Austria four years ago initially brought the expected price reductions for both small and large users of electricity \u2013 but not more competition. Due to unresolved homemade structural problems, liberalisation has left incumbent electricity suppliers largely unchallenged in their comfortable position as local monopolists. Mergers of public utilities together with existing cross-shareholdings have contributed to a substantial increase of the market power of incumbents, thereby putting the economic benefits from market liberalisation seriously at risk. A programme to stimulate competition is recommended to accelerate the long-delayed legal \"unbundling\" and institute a thorough review of the strategic alliances in the Austrian electricity sector.","onlinedate":"2005-12-07 01:00:00","lang":"English","publication_series":"","publication_date":"20051201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":323196,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"10","monthly_report_pages":"150-167","monthly_report_pages_sort":"150","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3491],"collaboration":"","persons":[3705],"persons_data":"[{\"personId\":3705,\"personName\":\"Michael B\u00f6heim\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>B\u00f6heim, M.<\\\/span> (2005). <span>Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>10<\\\/em>(4), 150-167. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/25833\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/25833<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>B\u00f6heim M<\\\/span>. <span class=\\\"title\\\"><span>Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2005 Dec;10(4):150-167.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{3c5de75b8e594329a293d290da8730aa,<\\\/div><div>  title    = \\\"Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation\\\",<\\\/div><div>  abstract = \\\"Electricity market liberalisation introduced in Austria four years ago initially brought the expected price reductions for both small and large users of electricity \u2013 but not more competition. Due to unresolved homemade structural problems, liberalisation has left incumbent electricity suppliers largely unchallenged in their comfortable position as local monopolists. Mergers of public utilities together with existing cross-shareholdings have contributed to a substantial increase of the market power of incumbents, thereby putting the economic benefits from market liberalisation seriously at risk. A programme to stimulate competition is recommended to accelerate the long-delayed legal {\\\"}unbundling{\\\"} and institute a thorough review of the strategic alliances in the Austrian electricity sector.\\\",<\\\/div><div>  author   = \\\"Michael B{\\\\\\\"o}heim\\\",<\\\/div><div>  note     = \\\"Electricity Market Liberalisation\\\",<\\\/div><div>  year     = \\\"2005\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"10\\\",<\\\/div><div>  pages    = \\\"150--167\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Competition and Competition Policy in the Austrian Electricity Market. A Critical Review Four Years after Market Liberalisation<\\\/p><p>AU  - B\u00f6heim, Michael<\\\/p><p>N1  - Electricity Market Liberalisation<\\\/p><p>PY  - 2005\\\/12<\\\/p><p>Y1  - 2005\\\/12<\\\/p><p>N2  - Electricity market liberalisation introduced in Austria four years ago initially brought the expected price reductions for both small and large users of electricity \u2013 but not more competition. Due to unresolved homemade structural problems, liberalisation has left incumbent electricity suppliers largely unchallenged in their comfortable position as local monopolists. Mergers of public utilities together with existing cross-shareholdings have contributed to a substantial increase of the market power of incumbents, thereby putting the economic benefits from market liberalisation seriously at risk. A programme to stimulate competition is recommended to accelerate the long-delayed legal \\\"unbundling\\\" and institute a thorough review of the strategic alliances in the Austrian electricity sector.<\\\/p><p>AB  - Electricity market liberalisation introduced in Austria four years ago initially brought the expected price reductions for both small and large users of electricity \u2013 but not more competition. Due to unresolved homemade structural problems, liberalisation has left incumbent electricity suppliers largely unchallenged in their comfortable position as local monopolists. Mergers of public utilities together with existing cross-shareholdings have contributed to a substantial increase of the market power of incumbents, thereby putting the economic benefits from market liberalisation seriously at risk. A programme to stimulate competition is recommended to accelerate the long-delayed legal \\\"unbundling\\\" and institute a thorough review of the strategic alliances in the Austrian electricity sector.<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 10<\\\/p><p>SP  - 150<\\\/p><p>EP  - 167<\\\/p><p>JO  - Austrian Economic Quarterly<\\\/p><p>JF  - Austrian Economic Quarterly<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Competition and Competition Policy in the Austrian Electricity Market. 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