1. Legislative reforms and market dynamics in the provision of urban water service by private contract operators in Spain
- Author
-
Francisco González-Gómez, Daniel Albalate, Germà Bel, and Andrés J. Picazo-Tadeo
- Subjects
Water politics ,Sociology and Political Science ,business.industry ,Legislació ,media_common.quotation_subject ,Public sector ,Legislation ,Legislature ,Management, Monitoring, Policy and Law ,Development ,Space (commercial competition) ,Safeguarding ,Discount points ,Privatization ,Política hidràulica ,Competition (economics) ,Politics ,Market economy ,Service (economics) ,Distribution of water ,Distribució de l'aigua ,Business and International Management ,business ,media_common ,Privatització - 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.
- Published
- 2022