Though privatization of UK's water sector has been successful, further policy change is required to better tackle environmental concerns in this industry. This paper details the government’s market reform, in particular reforms to water supply licensing (WSL) and inset and special merger regimes that were introduced by the 1991 Water Industry Act.
Water is a strategic resource for most global businesses. The reasons are straightforward. A growing population and increasing economic activity coupled with declining water quality in many regions has resulted in increased competition for water in the public and private sectors. While the term “water scarcity” is frequently heard, we are more...
Access to clean water is basic human right. Yet from a basic public good, it has been increasingly appropriated by TNCs as a commodity and traded as such. In China, the privatisation of water supply has been proceeding for the last 15 years and one of the consequences is the rise of gigantic Chinese water companies.
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