Privatization and Regulatory Reform of Toll Motorways in Europe

  title={Privatization and Regulatory Reform of Toll Motorways in Europe},
  author={Daniel Albalate and Germ{\`a} Fageda Bel and Xavier Fageda},
This article analyzes current trends in toll motorway privatization in Europe as an illustration of the paradox of simultaneous deregulation/ privatization and reregulation. Changes in the form of government intervention are identified as transitions from internal control on processes and inputs to external control on performance outputs. The state guarantees its capability to intervene and seek its own objectives even when giving up public property. In fact, output regulation is a partial… CONTINUE READING

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