International Deregulation and Privatization

The deregulation, or ‘liberalisation’ of industrial sectors in the member states of the European Union (EU) has an impact beyond the economies and financial markets of Europe. As more sectors of the European economy open to private participants, the impact on the aviation, rail, insurance, telecommunications, and utilities sectors will deepen. Issues vital to private investors – from competition law to tax aspects – are surveyed here by accountants and lawyers from throughout the EU.