Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication
Download or Read eBook Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication PDF written by Scott Hempling and published by Edward Elgar Publishing. This book was released on 2020-10-30 with total page 571 pages. Available in PDF, EPUB and Kindle.
| Author | : Scott Hempling |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 571 |
| Release | : 2020-10-30 |
| ISBN-10 | : 9781839109461 |
| ISBN-13 | : 1839109467 |
| Rating | : 4/5 (61 Downloads) |
Book Synopsis Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication by : Scott Hempling
Book excerpt: 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.
