This work traces the development of the European electricity market and EC reforms. It shows how EC policy came about and considers what future direction it might take - competition or co-operation, integration or subsidiary. It addresses some typical questions. How will the policy affect consumers, suppliers, and the industry itself? Will a European electricity industry require a European regulator? And, what scope will there be for national policies?

This review of China's regulatory system focuses on the overall economic context for regulatory reform, the government’s capacity to manage regulatory reform, competition policy and enforcement, and market openness.