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Commission Watch

Price controls turn upside-down in New England.
Fortnightly Magazine - July 15 2003

on whether the shortage exists only in the eastern part of the ISO's control area, or statewide.

Thus, some say that the New York scheme should do a better job of distinguishing between honest economic scarcity rents in areas of true supply deficit, versus high prices in other areas that might well stem from withholding, gaming, or market manipulation.


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