Market Abusive Practices in the Electricity Market : Presentation
On January 24, I presented at the Florence School of Regulation in a workshop on the abusive practices in the electricity market. Within the framework of Art. 102, I looked at 4 topics:
- When are bids excessive?
- Are excessive prices fair?
- Are excessive prices harmful?
- How strict should we enforce?
Note: I did not touch upon market definition and the identification of dominance, which are potentially interesting questions as well.