Abstract
This study analyzes some of the issues related to the ownership structure of public utilities in the process of being privatized. Firstly it examines how the structure of the market influences ownership. Secondly it examines the effects of the state as a regulator or a stockholder, though no longer sole owner.
Francesco Lo Passo, member of the Council of Experts, and Alfredo Macchiati, head of the Economic Research Department, remain solely responsible for the views expressed and any errors, which do not involve the Italian Treasury or CONSOB.
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© 1997 Servizio Italiano Pubblicazioni Internazionali Srl
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Passo, F.L., Macchiati, A. (1997). Privatization and The Ownership Structure of Public Utilities. In: Baldassarri, M., Macchiati, A., Piacentino, D. (eds) The Privatization of Public Utilities. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25255-8_3
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DOI: https://doi.org/10.1007/978-1-349-25255-8_3
Publisher Name: Palgrave Macmillan, London
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