Privatization, public ownership and the regulation of natural monopoly

Part 1 Regulatory failures: regulation by Parliament regulation by Commission the failure of public enterprise. Part 2 Privatization and competition: privatization the extension of competition the economic regulation of monopoly regulatory information regulatory procedures social regulation what future for public enterprise? can the regulator be independent? Appendices: a note on natural monopoly Gladstone's Railway Act, 1844 discrimination why guarantee government borrowing? the Statutes model privatization law model public enterprise reform law the licences a model license.