Power to the people: deregulation and new technology are working hand in hand to transform the global electricity-supply industry

Article Abstract:

The electricity industry is the next major market to face deregulation. The resulting industry looks to be quite different in terms of options available to businesses and consumers. Gas is the energy source most likely to emerge as the leader because of its cheapness and cleanliness. The US and UK are switching from coal consumption to gas. Utility companies are reacting to the changes by forming alliances and acquisitions with companies that complement their services. One side effect of the deregulation may be to offer service to the 2 billion potential customers in the world who currently live without electricity.

Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Economic aspects, Market share, Energy industries, Energy industry, Public utilities, Deregulation

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Global investing: advantage, Coke

Article Abstract:

American investment bank Morgan Stanley (MS) made it a goal to adapt economic theories on competitive advantages into a workable investment tool. By identifying companies with competitive advantages in their industries, MS is able to determine which companies have long-term growth potential.

Research, Methods, Foreign investments, Morgan Stanley Group Inc.

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Courts go global

Article Abstract:

Facing increased competition and shrinking profits domestically, large law firms are starting to globalize their operations. There is still much resistance to the concept in many parts of the world, but the movement is considered irreversible.

Foreign operations, International aspects, Law firms, Practice of law

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