Privatization, Regulation and Deregulation

Professor M.E.Beesley is a Founding Professor of Economics at the London Business School. He has been Lecturer in Commerce at Birmingham University, then Reader in Economics at the London School of Economics; he became the Department of Transport’s Chief Economist for a spell in the 1960s. Now Emeritus, his main teaching interest was in the contribution of economics to developing organizations’ strategy. He started the Small Business Unit at the London Business School. At the other end of the scale, he has advised companies on problems of monopoly and restrictive trade practices and on the relationship between nationalized industries and their ministries. His widely known work in transport economics and telecommunications policy has taken him to a wide range of countries. A member of the Monopolies and Mergers Commission since 1988, he was Economic Adviser to the government on water privatization in 1988/9, and from 1989 has been Economic Adviser to OFFER (Office of Electricity Regulation). He was made a CBE in the 1985 Birthday Honours List.