Competition regime: Utilities

The Utilities Practice note outlines the UK's system for regulating its telecommunications, gas, electricity and water industries. Utility regulation is a complex topic of considerable political and economic importance and this note covers the principles of regulation following industry privatisation and future plans for regulation. The powers of the Office of Fair Trading and the various sectoral regulators under the Competition Act 1998 are examined, together with the combined effect of the Competition Act 1998 and the Enterprise Act 2002.

John Osborne, Clifford Chance LLP

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