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What drives competition in network industries?
During the past decade, the forces of market opening have been at work in the so-called network industries. Markets previously characterised by public monopolies have been opened up to competition. This includes electricity, telecommunication, rail passenger and freight transport, urban passenger transport, air (passenger) transport, natural gas, and postal services. Network industries provide crucial inputs for production in all other sectors of the economy. To the extent that market opening in network industries has succeeded in reducing prices, market opening is a key factor for stimulating economic growth and employment in the EU economy. We excel in quantifying the economic potential in market opening, and we advise on the pros and cons of specific regulation in relation to client objectives.

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