Regulating mergers and acquisitions of U.S. electric utilities : : industry concentration and corporate complication / / Scott Hempling.
"What happens when electric utility monopolies pursue their acquisition interests--undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the num...
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| Place / Publishing House: | Cheltenham, England : : Edward Elgar Publishing,, 2020. |
| Year of Publication: | 2020 |
| Language: | English |
| Physical Description: | 1 online resource (234 pages) |
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| Summary: | "What happens when electric utility monopolies pursue their acquisition interests--undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the number of local, independent utilities. Mostly debt-financed, these transactions have converted retiree-suitable investments into subsidiaries of geographically scattered conglomerates. Written by one of the U.S.'s leading regulatory thinkers, this book combines legal, accounting, economic and financial analysis of the 30-year march of U.S. electricity mergers with insights from the dynamic field of behavioral economics." |
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| Hierarchical level: | Monograph |
| Statement of Responsibility: | Scott Hempling. |