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Cherry picking and social dumping: Utilities in the 1990s

โœ Scribed by Stephen Graham; Simon Marvin


Publisher
Elsevier Science
Year
1994
Tongue
English
Weight
778 KB
Volume
4
Category
Article
ISSN
0957-1787

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โœฆ Synopsis


This paper explores a number of key aspects of the privatization of UK utilities. The social, economic and geographical effects of these changes are now manifesting themselves but have yet to be fully analysed. In this paper we argue that there are two key parts to this process: the 'cherry picking' of lucrative customers from utility markets and the 'social dumping' of marginal domestic consumers. These are closely associated with a growing unevenness of social and geographical development of utilities. In this paper we conclude by arguing that these issues need to be brought to the centre of current debates about the regulation of liberalized utility markets.


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