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According to Article 9 of the European Water Framework Directive, water-pricing policies have to provide adequate incentives for users to use water resources efficiently by 2010. In this paper, we investigate some of the conflicts that may arise when introducing the polluter pays principle for the recovery of costs of water supply and sanitation services. We argue that conceptually, there are no a...
The restructuring of the Spanish oil industry produced a highly concentrated oligopoly in the retail gasoline market. In June 1990, the Spanish government introduced a system of ceiling price regulation in order to ensure that “liberalization” was accompanied by adequate consumer protection. By 1998, prices were left to the “free” market. This paper examines the pricing behaviour of the retail gasoline...
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