Dominance in Hong Kong's Gas Industry

Dominance in Hong Kong's Gas Industry Although Hong Kong is widely regarded as a free andcompetitive economy, there are actually no competitionlaws or comprehensive competition policies in HongKong. The government argues that a sector-specificapproach to safeguard competition is more practicable.In this paper, a sector-specific approach is adoptedto analyze the problem of dominance in Hong Kong's gasindustry. Instead of imposing extensive governmentregulations on the dominant firm in the industry, theauthor argues that a better way to discipline the firmis by introducing natural gas and a common carriersystem to Hong Kong. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

Dominance in Hong Kong's Gas Industry

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2000 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1023/A:1007853307887
Publisher site
See Article on Publisher Site

Abstract

Although Hong Kong is widely regarded as a free andcompetitive economy, there are actually no competitionlaws or comprehensive competition policies in HongKong. The government argues that a sector-specificapproach to safeguard competition is more practicable.In this paper, a sector-specific approach is adoptedto analyze the problem of dominance in Hong Kong's gasindustry. Instead of imposing extensive governmentregulations on the dominant firm in the industry, theauthor argues that a better way to discipline the firmis by introducing natural gas and a common carriersystem to Hong Kong.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Oct 16, 2004

References

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