Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/331362 
Year of Publication: 
2025
Series/Report no.: 
UPSE Discussion Paper No. 2025-04
Publisher: 
University of the Philippines, School of Economics (UPSE), Quezon City
Abstract: 
Change ownership reforms for electric cooperatives (ECs) have once again attracted policymakers' interest due to current e!orts in expediting their privatization. This note serves as input to this ongoing conversation using the lens of competition. We argue that unchecked consolidation - especially vertical integration along the power supply chain from generation to distribution - may cause more pernicious e!ects on the industry and welfare than existing ine"ciencies of ECs. Consistent with Canlas & Jandoc (2025), we support a franchise competition regime where the threat of displacement may foster an overall competitive behavior among existing and potential players. The necessary conditions for and the challenges to implementing an e!ective competition for the market framework are determined.
Subjects: 
market imperfections
legal monopolies
regulation or deregulation
electric utilities
JEL: 
D43
L43
L94
Document Type: 
Working Paper

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