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In this volume, some of the main issues in UK and EU utility regulation and competition policy are discussed. Topics examined include the new electricity and gas trading markets, regulating the railways, introducing competition into water, telecoms and Ofcom, opening EU gas and electicity markets, the 1998 Competition Act, EU merger policy and a general review of privatization and regulation in Britain. Essays by expert commentators are followed in each case by comments from the relevant regulator.