Copenhagen Economics has shown, in a new study for the UK Department of Trade and Industry (DTI), that the current lack of market opening in network industries is costly. By fully opening up network industries to competition, jobs and income in the EU can be expected to grow by between 50% and 90% of what we experienced as a result of the market opening frenzy in the 1990s.
"Most EU Member States have done a good job so far of opening up their network industries to competition. But crucial industries are lagging behind in many countries; postal industries for one. The last effort towards full market opening in network industries will bring along new services and decrease prices for the benefit of EU consumers", says senior economist in Copenhagen Economics Christian Jervelund.
Read the report here
Further information Christian Jervelund