“…At the same time, the electricity industries in Western countries have been subjected to a massive institutional restructuring from around 1990 and onwards. The large, state-owned organizations have been divided into several smaller units, which are increasingly exposed to competition (De Vries, De Jong, De Bruijne, Glavitsch, & Knops, 2006). The transition from being an infrastructure monopoly to becoming a form of 'infrastructure market' represents a significant institutional restructuring of the industry and also introduces a shift in the system of regulatory review 1 (De Bruijne, 2006;De Bruijne, Van Eeten, Roe, & Schulman, 2006).…”