A comparative perspective of the liberalisation of the gas market and the effects on welfare:Belgium, Germany and the Netherlands

Gas Directive 2003 stipulates that all consumers must be free to choose their gas supplier by July 2007. The liberalisation of the gas market contributes to the establishment of a competitive internal market. In general, the liberalisation process is aimed at increasing welfare, in particular consumer welfare. Most of the literature relating to the liberalisation of the gas market is, however, primarily concerned either with the general economic notions of liberalisation and welfare, or with the specific legal aspects of the Gas Directive 2003. This paper takes an interdisciplinary and novel a... Mehr ...