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Legislative reforms and market dynamics in the provision of urban water service by private contract operators in Spain

Albalate, Daniel; Bel, Germa; Gonzalez-Gomez, Francisco; Picazo-Tadeo, Andres J; (2022) Legislative reforms and market dynamics in the provision of urban water service by private contract operators in Spain. Utilities Policy , 74 , Article 101302. 10.1016/j.jup.2021.101302. Green open access

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Abstract

This paper studies the dynamics of concentration in the Spanish market for the provision of urban water service by private contract operators in the 2000–2020 period. The market is highly concentrated. Concentration increased until 2007, at which point it started to decline when Law 30/2007 on Public Sector Contracts and Organic Law 8/2007 on Political Party Financing were passed; before rising again from 2016 onwards. This latter trend results from strategic behaviour by the two leading operators, acquiring smaller companies with a notable presence in some regional markets. Further legislative reforms aimed at safeguarding space for competition are thus proposed.

Type: Article
Title: Legislative reforms and market dynamics in the provision of urban water service by private contract operators in Spain
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.jup.2021.101302
Publisher version: https://doi.org/10.1016/j.jup.2021.101302
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Corporate operations, Legislative reforms, Market concentration, Spain, Urban water service
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science
URI: https://discovery.ucl.ac.uk/id/eprint/10217925
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