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Smart Regulation and Competition Policy in Electric and Telecommunications Markets Prepared for the Texas Public Policy Foundation 8 th Annual Policy Orientation for the Texas Legislature January 14, 2010 Jerry Ellig Senior Research Fellow [email_address]
What is the goal? “If you don’t know where you’re going, any road will take you there.” -- George Harrison ,[object Object],[object Object],[object Object]
Why consumer welfare? ,[object Object],[object Object],[object Object],[object Object],[object Object]
When consumer welfare isn’t enough ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Regulated monopoly paradigm ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Competitive market ,[object Object],[object Object],[object Object],[object Object],[object Object]
Texas electricity ,[object Object],[object Object],[object Object],[object Object]
Texas telecom ,[object Object],[object Object],[object Object]
Smart regulation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Understanding unseen consumer costs ,[object Object],[object Object],[object Object],[object Object]
Example: Effects of Texas USF settlement ,[object Object],[object Object],[object Object],[object Object]
Competition policy ,[object Object],[object Object],[object Object],[object Object],[object Object]
For more information … ,[object Object],[object Object],[object Object]

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  • 1. Smart Regulation and Competition Policy in Electric and Telecommunications Markets Prepared for the Texas Public Policy Foundation 8 th Annual Policy Orientation for the Texas Legislature January 14, 2010 Jerry Ellig Senior Research Fellow [email_address]
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