Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication, Scott HEMPLING

Scott Hempling

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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.

Author

  • Georgetown University (Washington D.C.)

Quotation

Scott Hempling, Regulating Mergers and Acquisitions of U.S. Electric Utilities: Industry Concentration and Corporate Complication, Scott HEMPLING, February 2021, Concurrences N° 1-2021, Art. N° 102248

Publisher Edward Elgar Publishing

Date 30 October 2020

Number of pages 576

ISBN 9781839109454

Visites 15

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