Problem:
In 1990, the UK government privatized the electric supply industry, and, in the years following, countries from Australia to Canada have followed suit. Select one country where the energy markets have been deregulated and one country that has not been deregulated. What are the positive and negative outcomes of the process on both the supply/sales and consumption sides of the industry? When comparing the deregulated market to one that is regulated, do you think the approach is a success? How have price and service been affected?