Abstract
This article considers whether privatization or liberalization of the Royal Mail division of the Post Office is likely to be desirable. It examines the natural monopoly issue but finds it not definitive. It then investigates various potential outcomes of change in the direction of privatization and liberalization and several potential instruments for securing these changes. The article argues for improved regulation rather than denationalization as a means of sustaining improvement in performance.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have