Experience across the regulators: slides from the British Utility Regulation Model conference
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Supply and Retail Market
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The Littlechild Report was published over 30 years ago and represented a landmark in thinking about the regulation of telecommunications and other utility industries. The report also left a significant policy impact with a legacy that includes independent regulatory institutions, incentive based regulation and a focus on the role of competition. This model became the standard for utility reforms globally.
On 31 March 2014 the Centre for Analysis of Risk and Regulation (LSE), the Institute of Economic Affairs, and the Centre for Competition and Regulatory Policy (City University, London) hosted a conference to reflect on the legacy and contemporary relevance of the Littlechild Report.
These slides on the use of regulatory and competition powers for promoting consumer welfare were presented to the conference by Richard Price, CEO of the Office of Rail Regulation and Chair of the UK Regulators' Network.