1,721,170 research outputs found
Competition in Regulated Markets, the Insurance and Banking Sector (year 2013)
No full textAbstract
Decisions regarding anticompetitive conducts in the regulated markets (energy,
transport, electronic communications, media, postal services, and also banking and
insurance) are very few in the period concerned. In all these fields the number of cases
scrutinized by Agcm is less than in the previous years. The total agreements scrutinized
in 2013 amounted to only two, a figure that is steadily dropping compared to the previous
years. However it is worth highlighting that also the number of cases of abuse of
dominant position scrutinized in 2013 has dropped and it amount to only four.
The only market where cases of merger are relevant is that of energy and in some
ways that of transport where the Authority decided to fine the companies whose merger
had been authorized in 2012. In 2013 Agcm has paid particular attention to the
forthcoming tenders in the market of the gas local distribution and referring to the
transport sector to the activities of the big operators in the maritime transport field
following the trends of the last year. In the electronic communication market a relevant
Agcm’s decision deals with an abuse of dominant position of exclusionary nature by
Telecom Italia that has been fined for two different reasons: firstly, slowing down
development of its competitors; secondly, implementing a margin squeeze strategy
concerning commercial offers to big business customers
La forza espansiva del modello di affidamento in house. Il settore del gas tra assimilazione alla disciplina generale dei servizi pubblici locali e incertezze del modello comunitario
No full textIl ‘valore’ del rating nelle regolazioni pubbliche : regolare il mercato del rating o superare il rating?
No full textRating has taken on importance as a ‘normative parameter’ in public regulations in time. Its role as a regulatory instrument (“regulating by rating”) has been challenged by the financial crisis and its impact on the Credit Rating Agencies’ reliability. This paper highlights the complex interplay between public and private regulation, focusing, on the one side, on the decision of public regulators and policymakers to turn to ‘the market’ and employ the rating as a normative measure of the credit risk, and on the other on the need to increase the accountability and the independence of the CRAs as well as to regulate their activities. In this respect the paper deals with two
main questions: whether and to what extent CRAs, as private market actors, can be regulated, and whether and how the reliance on rating in public regulations can be reduced to go beyond a rating-based regulation
La tutela della concorrenza in Spagna. un sistema tra predominanza dell'amministrazione e adeguamento al diritto comunitario
No full text
The creation of the "agency for the Cooperation of Energy Regulators" : its role in the governance of the European energy market
No full textThe creation of the “Agency for the Cooperation of Energy
Regulators” (ACER) can be observed from three different
perspectives. The first concerns specific regulatory tasks of the energy
sector such as achieving a higher convergence and harmonization
towards a more efficient internal market. The second refers to
redefining the governance of the European energy sector, considering
the evolution of the cooperative patterns from the experience of the
“fora” to that of the “networks”. The last regards ACER in the context
of the evolution of the European “agency” model
Diritto e mercato. Una rilettura delle loro attuali relazioni alla luce della nozione di ‘transaction’ di Commons
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