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Lessons from the Failure of U.S. Electricity Restructuring

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journal contribution
posted on 01.04.1995 by Seth A. Blumsack, Jay Apt, Lester B Lave

Blind faith is unlikely to produce a free market that is competitive. Substituting markets for traditional regulation is only one choice among many policy instruments to achieve a goal of lower prices; such substitution should not be in itself a goal.

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01/04/1995

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