Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication PDF
by Scott Hempling
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Description
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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- Format:PDF
- Publisher:Edward Elgar Publishing
- Publication Date:13/10/2020
- Category:
- ISBN:9781839109461
Information
-
Download Now
- Format:PDF
- Publisher:Edward Elgar Publishing
- Publication Date:13/10/2020
- Category:
- ISBN:9781839109461