Will cross-ownership re-establish market power in the Nordic power market? From: The Energy Journal | Date: April 1, 2002| Author: Amundsen, Eirik S.; Bergman, Lars | COPYRIGHT 2002 International Association for Energy Economics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The integration of the power markets in Norway and Sweden in 1996 significantly constrained the major power companies' ability to exercise market power within their national borders. In recent years, however, mergers and reciprocal acquisition of shares have reduced the number of independent players on the Norwegian-Swedish power market. The aim of this paper is to explore to what extent increasing cross-ownership among the major power companies in Norway and Sweden might re-establ...