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Measuring the efficiency of branch regulatory bodies

100%
Valentiny P.
Kozgazdasagi Szemle (Economic Review)
|
2008
|
vol. 55
|
issue 10
891-906
EN
This attempt to measure the efficiency of regulatory bodies is made mainly by identifying the presence or absence of the conditions required for them to operate. There is no consideration of the rectitude of regulators' decisions, the welfare effects of regulation, or cost-benefit analysis of it. The article summarizes attempts made to measure the efficiency of regulatory bodies in international organizations, scientific research and state regulatory systems. Attention is paid here primarily to branch regulation of network services. However, the analytical methods mentioned in the article are also used to examine competition-regulatory bodies.
2

THE INTERPRETATION OF ESSENTIAL FACILITIES AND THE POSTAL SERVICES (A nelkulozhetetlen eszkozok ertelmezese es a postai szolgaltatasok)

63%
Valentiny P., Kiss K. M.
Kozgazdasagi Szemle (Economic Review)
|
2009
|
vol. 56
|
issue 11
1001-1024
EN
The study challenges the essential facilities doctrine in theory and in practice. It has been present in the United States in regulatory literature and judicial and legislative practice since 1912, and it has been adopted in EU competition and sectoral regulation as well. The doctrine was devised for competition regulation, but it is becoming commoner for it to be cited in the regulation of network services as well. There have been numerous debates on its prospective role during the development of a new regulatory system for postal services - the last of the network services to be liberalized. The study begins by describing the main variant interpretations of the concept, before using the example of the United States to present the development of the doctrine and the change in its position in competition regulation. The differences over essential facilities in EU competition and regulation are explained in practice. The authors go on to look at Hungarian usage of the concept of essential facilities and to outline the debates and regulatory practices in the field of postal services.
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