This paper examines the state of the regulated water and sewerage industry in England and Wales (hereafter the 'water industry') and, in particular, the respective roles of competition and regulation

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Below is the draft of a lecture given on Tuesday 24th October 2000 as part of the 'The Beesley Lectures: Lectures On Regulation Series X 2000' organised by Professor David Currie of the London Business School and Professor Colin Robinson of the IEA. This is reproduced with the kind permission of Professor Robinson

Below is the draft of a lecture given on 10th October 2000 as part of the 'The Beesley Lectures: Lectures On Regulation Series X 2000' organised by Professor David Currie of the London Business School and Professor Colin Robinson of the IEA. This is reproduced with the kind permission of Professor Currie

Below is the draft of a lecture given on Tuesday 23rd November 1999 as part of the IEA's Regulation Lecture series organised by the late Michael Beesley of the London Business School. This is reproduced with the kind permission of Catherine Waddams Price.