Abstract

This paper discusses regulation of infra structure sectors, especially in the case of
grid industries. The main modes of regulation and the most frequent organizational models
applied to this kind of industry are presented. Adopting the natural gas industry as a basic
reference framework, an analysis is drawn to emphasize the role of open access to increase
competitiveness of grid industries. Some aspects discussed in the paper are highlighted using
the British gas industry privatization as an example.

JEL Classification: L16; L51.