6533b839fe1ef96bd12a64ca

RESEARCH PRODUCT

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

Francisco González-gómezDaniel AlbalateGermà BelAndrés J. Picazo-tadeo

subject

Water politicsSociology and Political Sciencebusiness.industryLegislaciómedia_common.quotation_subjectPublic sectorLegislationLegislatureManagement Monitoring Policy and LawDevelopmentSpace (commercial competition)SafeguardingDiscount pointsPrivatizationPolítica hidràulicaCompetition (economics)PoliticsMarket economyService (economics)Distribution of waterDistribució de l'aiguaBusiness and International Managementbusinessmedia_commonPrivatització

description

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.

yearjournalcountryeditionlanguage
2022-02-01
10.1016/j.jup.2021.101302http://hdl.handle.net/2445/182473