Price-cap regulation
id:
price-cap-regulation-256-4344318
title:
Price-cap regulation
text:
Price-cap regulation is a form of incentive regulation capping the prices that firms in a natural monopoly position may charge their customers. Designed in the 1980s by UK Treasury economist Stephen Littlechild, it has been applied to all privatised British network utilities. It is contrasted with both rate-of-return regulation, with utilities being permitted a set rate of return on capital, and with revenue-cap regulation, with total revenue being the regulated variable.
brand slug:
wiki
category slug:
encyclopedia
description:
Form of market regulation
original url:
https://en.wikipedia.org/wiki/Price-cap_regulation
date created:
date modified:
2024-01-10T17:16:29Z
main entity:
{"identifier":"Q1643283","url":"https://www.wikidata.org/entity/Q1643283"}
image:
fields total:
13
integrity:
14