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British gas market 10 years after privatization---a model or a warning for the rest of Europe? J.P. Stern. Energy Policy, March 1997, 25(4), 387--392.

Consideration is given to the development of competition, the context of the Government policy, the growing importance of regulation, and the impact of competition on the industry actors. The principal problems concern the progressive difficulties with all aspects of the regulatory framework. Additionally, a large number of uncertainties remain as to how liberalization and competition in the residential sector will operate in practice, especially in terms of public service obligations and security of supply. 10 refs.

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