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Topic: Deregulation

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In the News (Wed 22 May 19)

  Airline Deregulation, by Alfred E. Kahn: The Concise Encyclopedia of Economics: Library of Economics and Liberty
The United States Airline Deregulation Act of 1978 was a dramatic event in the history of economic policy.
Deregulation also has given rise to a number of problems, including congestion and a limited reemergence of monopoly power and, with it, the exploitation of a minority of customers.
Average yields were declining in the decades before deregulation as well, thanks largely to the introduction of jets and jumbo jets.
www.econlib.org /library/Enc/AirlineDeregulation.html   (2605 words)

  Deregulation - Wikipedia, the free encyclopedia
Deregulation is the process by which governments remove restrictions on business in order to (in theory) encourage the efficient operation of markets.
Deregulation gained momentum in the 1970s, influenced not only by research at the University of Chicago and the theories of Ludwig von Mises, Friedrich von Hayek, and Milton Friedman, among others, but more importantly by that of Alfred E. Kahn.
Deregulation was a major trend in the United States in the last quarter of the twentieth century.
en.wikipedia.org /wiki/Deregulation   (788 words)

 Airline Deregulation Act - Wikipedia, the free encyclopedia
In 1977, President Jimmy Carter appointed Alfred E. Kahn, a professor of economics at Cornell University, to be chair of the CAB.
Deregulation has in many cases led to predatory pricing and other anti-competitive behavior, and to airlines overextending themselves financially; several bankruptcies and takeovers of airlines in the years following deregulation may be attributable to this.
Another common anti-competitive practice of major airlines is to charge substantially less for a round trip on a given itinerary than for a one-way trip, or to charge substantially more for a given segment of a multi-segment itinerary than for the complete itinerary, which constitutes a form of tying.
en.wikipedia.org /wiki/Airline_Deregulation_Act   (1192 words)

 Electric deregulation hurts consumers - Roanoke.com
Rate caps and other artificial mechanisms set in place during the 1990s to soften the impact of electric deregulation on consumers are about to phase out.
Defenders of deregulation must ignore both history and present-day reality to contend that a true market system based on genuine competition is developing or has realistic potential.
Deregulation, on the other hand, has been an unmitigated disaster that continues to worsen as consumer protections phase out.
www.roanoke.com /editorials%5Cwb/55389   (517 words)

Deregulation is the ability for a customer to purchase their electric energy from a supplier other than their regulated utility.
Typically, a main element of electric utility deregulation is the ‘unbundling’ of the various components of your electric bill into main elements — such as “Transmission,” “Distribution,” and “Energy.” In some states, the regulated utilities, like PSNH, were forced to sell their power plants, which were then purchased by independent, unregulated companies.
PSNH achieved a deregulation agreement with the State of New Hampshire that was approved by the Legislature and by the Public Utilities Commission and was implemented in May, 2001.
www.psnh.com /Business/Dereg/default.asp   (575 words)

 ConsumerReports.org - Deregulation 7/02   (Site not responding. Last check: 2007-10-16)
Deregulation was supposed to cut prices, expand choice, enhance service--improve your life.
Deregulation was supposed to undo that and give consumers lower prices, better service, and greater choice as companies vied for their business.
For example, the Airline Deregulation Act of 1978 quietly exempted airlines from states' basic deceptive-practices laws that prohibit such things as bait-and-switch advertising.
www.consumerreports.org /main/detailv2.jsp?CONTENT<>cnt_id=157017&FOLDER<>folder_id=18151&bmUID=1032234223371   (813 words)

 Texas, deregulation, privatization, outsourcing   (Site not responding. Last check: 2007-10-16)
Deregulation allows retail consumers in Texas to choose their so-called retail electric provider (REP), which purchases its power from competing generators.
Chairwoman Klein is committed to deregulation and says that its success depends on arming consumers with knowledge as well as more aggressive market oversight—not rolling the clock back.
Deregulation does not guarantee lower rates than otherwise—only that people will pay the market price for their power.
www.rppi.org /texasderegulation.html   (1624 words)

 Don't Cry for the Pilots — Deregulation Works
Deregulation is the source of their p roblems.
Many critics of deregulation point to the fare wars, arguing -that the airline industry is subject to "destructive competition," and cannot survive without pricing regulation.
Deregulation is working exactly as it should--forcing established airlines to provide service at the lowest cost.
www.heritage.org /Research/Regulation/EM35.cfm?renderforprint=1   (919 words)

 ElectriCities: Deregulation
ElectriCities previously endorsed deregulation because it was felt that all the state’s electric consumers would benefit, and it provided a mechanism to fairly deal with the disparate rates and debt obligation among the ElectriCities members.
Because of events nationally, it now appears that the impact of deregulation on North Carolina consumers would be uncertain, and for this reason legislative action on this subject should not proceed at this time.
Meanwhile, absent deregulation, ElectriCities believes its cities can fulfill their obligations to bondholders and others under present conditions pending the outcome of the recommended study and deliberations.
www.electricities.com /deregulation/index.htm   (216 words)

Congress grew increasingly wary of the pace of deregulation, however, and began to slow the FCC's deregulatory pace by the late 1980s.
Opponents argue that deregulation violates key parts of The Communications Act of 1934--especially the requirement to operate in the public interest--and allows broadcasters to seek profits with little public service programming required in return.
American deregulation has been widely emulated in other countries in spirit if not detail.
www.museum.tv /archives/etv/D/htmlD/deregulation/deregulation.htm   (451 words)

 Electricity Deregulation: The Issue
The drive for electricity deregulation is being led by seven groups, each of which advocates changes to the current system that provide the greatest benefit to their members, reports Congressional Quarterly.
As talk of national electricity deregulation intensified in the 1990s, electric utilities -- not surprisingly -- increased their political contributions to candidates and parties.
Electricity deregulation has been the focus of pointed debate in Congress as far back as 1996, but the absence of consensus — among members of Congress and the various groups lobbying them — has resulted in little progress.
www.opensecrets.org /news/electricity.htm   (1868 words)

 Study urges caution in nuclear deregulation
On one hand, the study found no evidence that deregulation causes widespread safety lapses, and in the case of air and rail, the period after deregulation was associated with improved long-term safety records.
But the speed of change after deregulation could create potential safety hazards, Bier says, and should be cause for vigilance in an industry that strives to avoid even a single serious accident.
The decline reflects a significant performance improvement, but deregulation produces a new competitive playing field that already has triggered mergers and acquisitions, some plant closings, and a push to increase both the power capacity and life expectancy of plants.
www.eurekalert.org /pub_releases/2001-09/uow-suc090401.php   (660 words)

 Deregulation Of Media: Dangerous To Democracy
Consider telecommunications deregulation and the claims that corporate officials made to convince policymakers to begin deregulating cable television and telephone markets, as well as their current claims aimed at eliminating ownership limits in media markets.
Before deregulation, there were eight major companies providing local phone service, each to a different area of the country.
Efforts to deregulate media ownership limits in the name of corporate free speech are not only dangerous to the preservation of competition in the marketplace of ideas; excessive consolidation of media ownership threatens the very checks and balances that are the pillars of our democratic society.
www.consumersunion.org /telecom/kimmel-303.htm   (6962 words)

 News 8 Austin | 24 Hour Local News | LOCAL NEWS
It's a move university officials say is needed to cover the rising cost not budgeted by the state for higher education.
The next year it would be $24 and in 2005 deregulation would be put to the test.
"To deregulate tuition is taking this temporary problem of a budget deficit or lack of state appropriations and making it a permanent solution by silencing the voices of students," Haley said.
www.news8austin.com /content/your_news/?ArID=72977   (487 words)

 Electric Deregulation - September 2000 - Duke Energy Employee Advocate
I think their thought was, did we in California see something that was wrong with deregulation but weren't going to level with them now that they had started down the path?" Actually, the federal government bears much of the responsibility for initiating the drive to ease public control of electricity markets.
But in the few counties there that were exposed to fully deregulated electricity rates this summer, the average residential bill rose 22 percent.
Now if deregulation should be the order of the day, with expected rising electric rates, the future might well find customers seeking cheaper power.
www.dukeemployees.com /deregulationseptember2000.shtml   (3164 words)

 Deregulation Office
As Minister of State for Deregulation, I remain a strong advocate for reducing the regulatory burden that creates barriers for British Columbians, while preserving and enhancing those regulations that are necessary to protect public health, safety and the environment.
We are all excited by the renewed economic growth in British Columbia and I'm proud of the contribution responsible deregulation plays in assisting this growth.
I am pleased with the progress we have made in the first three quarters of the deregulation initiative and I am optimistic about the work that will be done in the future and the impact it will have on the lives of British Columbians.
www.deregulation.gov.bc.ca /reports/September02/September2002.htm   (2056 words)

 Deregulation Committee Press Notice No. 1
A proposal for the Deregulation (Validity of Civil Preliminaries to Marriage) Order 1996 was laid before Parliament on 1 July 1996.
The Deregulation Committee has the task of examining every document containing proposals laid before the House under section 3, and every draft order proposed to be made under section 1, of the Deregulation and Contracting Out Act 1994.
Deregulation Committee, House of Commons, 7 Millbank, London SW1P 3JA.
www.parliament.uk /commons/selcom67/drgpnt1.htm   (361 words)

 Presstime >> March 1999 >> Utility Deregulation
Before utility deregulation switched on early last year, electricity rates in the working-class town of New Bedford, Mass., were among the highest in America.
Amid the onslaught of marketers and the complexity of deregulation, with varying rates and applications from state to state, several daily newspaper companies are turning to consultants to help executives develop strategies.
Deregulation, which increased choices for airlines and long-distance telephone service, now gives newspapers a chance to cash in on a competitive, open market for electricity and gas.
www.naa.org /presstime/9903/utility.html   (2305 words)

 Deregulation Blackout
Though it’s seldom noted in media accounts, California's deregulation scheme was not forced upon the electric utilities, but was the brainchild of John Bryson, head of Southern California Edison.
In 1996, Bryson's attorneys drafted the current deregulation law (AB 1890), which was presented to and passed by the legislature within three weeks.
Its premise was simple: If the ratepayers would hand the utilities up to $28.5 billion for nuclear reactor investments they said were "uncompetitive," the utilities would give up their regulated monopolies and "compete" with other power producers.
www.fair.org /extra/0105/deregulation.html   (2033 words)

 [No title]   (Site not responding. Last check: 2007-10-16)
Commercial insurance rate deregulation is all the rage; 13 states hopped on the deregulation bandwagon in 1999 alone.
Deregulation means that insurance companies no longer must file policy or rate changes with the state, and are not required to market all new products in each state.
In practice, each state adopting deregulation has a different definition of "exempt policyholder." For instance, in Arkansas, an employer must have total premiums of $250,000 or more, at least 25 full-time employees, and a full-time, in-house certified risk manager or outside broker.
www.insure.com /business/deregulation400.html   (745 words)

 PC World - Broadband Deregulation Urged
The "Consumer Broadband Deregulation Act" (S.2863) essentially orders the government out of the growing market for residential high-speed Internet access, leaving the market to regulate itself.
Deregulation supporters claim those requirements are slowing broadband growth and stifling competition, which they argue would thrive without the rules.
The Tauzin-Dingell bill, passed by the House, is designed to deregulate the activities of "baby Bells" in the broadband market.
www.pcworld.com /news/article/0,aid,103581,00.asp   (861 words)

 NAHB: Electric Utility Deregulation
Deregulation of electrical power generation, transmission, and distribution should foster competition in the provision of electricity while assuring the continued reliability and reasonable installation charges to residential developers, builders, and customers.
Deregulation of markets such as the airline, trucking, and communications industries has led to significant changes in these services.
When power generation is deregulated, consumers pay a regulated utility to maintain lines and transmit power, but may choose to buy the power directly from another company. It permits consumers to shop for power suppliers, forcing generators of electric power to compete for business.
www.nahb.org /generic.aspx?sectionID=223&genericContentID=3114   (500 words)

 deregulation   (Site not responding. Last check: 2007-10-16)
Since airlines were deregulated in 1978, the average price of an airline ticket has dropped 50 percent.
Since telecommunications was deregulated in 1984, consumers have been courted by phone companies offering discounts and promotions.
Under a system proposed in California, utilities would be deregulated and forced to compete.
www.gsb.stanford.edu /community/bmag/sbsm0396/deregulation.htm   (3474 words)

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