Ownership structure and market power in the nordic power market
AbstractAbstract
[en] The opening of Nord Pool in 1996 seriously constrained the power companies' ability to exercise market power within their national borders. Currently there is an integration process going on among the power companies in the Nord Pool area. It manifest itself in terms of take-over and reciprocal acquisition of shares in the power companies - nationally and abroad. This process may undo what the introduction of the common power market achieved in curtailing market power. The aim of this paper is to investigate the effects on market power of increased cross- ownership in the Nordic power market. (au)
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Source
Birk Mortensen, J.; Olsen, O.J.; Skytte, K.; Nordisk Ministerraad (International Organisation without Location); [265 p.]; 1999; [v p.]; Conference on design of energy markets and environment; Copenhagen (Denmark); 20-21 May 1999; Available on loan from Risoe Library, P.O. Box 49, DK-4000 Roskilde, Denmark
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Report
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Conference
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