Daniel H. Cole & Peter Grossman 
End of a Natural Monopoly [PDF ebook] 
Deregulation and Competition in the Electric Power Industry

This book addresses the fundamental issues underlying the debate over electric power regulation and deregulation. After decades of the presumption that the electric power industry was a natural monopoly, recent times have seen a trend of deregulation followed by panicked re-regulation. This important book critically analyses this controversial area from a legal and economic perspective.