There is a need for a single “rulebook” to analyze alleged market manipulations in the wholesale electricity and natural gas markets of the United States and European Union (EU), according to a pair of economists with The Brattle Group, who propose an economic framework that they say would assist compliance efforts by distinguishing behavior that is patently manipulative and identifying safe harbors for legitimate trading.
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Economists Recommend ‘Rulebook’ to Analyze Market Manipulation
There is a need for a single “rulebook” to analyze alleged market manipulations in the wholesale electricity and natural gas markets of the United States and European Union (EU), according to a pair of economists with The Brattle Group, who propose an economic framework that they say would assist compliance efforts by distinguishing behavior that is patently manipulative and identifying safe harbors for legitimate trading.
April 26, 2012