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Management article
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Reference no. 96110
Authors: P Navarro
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1996

Abstract

The electric utility market is in upheavel. Deregulation and a wave of megamergers are sweeping the industry. With states proceeding in piecemeal fashion however, it is unclear what final form deregulation will take. In his article, Peter Navarro, an expert on utility regulation at the University of California, Irvine, argues that removing most regulation and opening up the electricity market to free competition would improve U.S. competitiveness. He contends that the state-by-state approach to deregulation will create more turmoil than a rapid, federally coordinated restructuring.

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Abstract

The electric utility market is in upheavel. Deregulation and a wave of megamergers are sweeping the industry. With states proceeding in piecemeal fashion however, it is unclear what final form deregulation will take. In his article, Peter Navarro, an expert on utility regulation at the University of California, Irvine, argues that removing most regulation and opening up the electricity market to free competition would improve U.S. competitiveness. He contends that the state-by-state approach to deregulation will create more turmoil than a rapid, federally coordinated restructuring.

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