Checks and Balances in Utility Regulation The U.K. Experience
In the United States the courts have long been involved in the oversight of regulators. In the United Kingdom, which created its utility regulators from scratch in the 1980s, an alternative system was sought. This system centers on three concerns:...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/05/440129/checks-balances-utility-regulation-uk-experience http://hdl.handle.net/10986/11478 |
| Summary: | In the United States the courts have
long been involved in the oversight of regulators. In the
United Kingdom, which created its utility regulators from
scratch in the 1980s, an alternative system was sought. This
system centers on three concerns: the procedure followed by
the regulator, the substance of the decisions, and the
acceptability of the decisions to the public. Three main
institutions have oversight roles: the Competition
Commission (formerly the Monopolies and Mergers Commission),
parliamentary select committees, and the courts. This Note
reviews the roles of these institutions. |
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