Determination of cost as average variable cost guides competition assessments, with scope to adopt alternative cost concepts in specific cases. Regulations designate average variable cost as the default proxy for marginal cost but permit the Commission to consider alternative cost concepts such as avoidable cost, long run average incremental cost or market value where reasons are recorded; the Commission/Director General may use experts to arrive at cost figures, and enterprises may request appointment of experts at their own cost subject to Commission discretion; confidentiality requests follow the Commission's general regulations and the Commission may determine procedures to remove difficulties not provided for.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Determination of cost as average variable cost guides competition assessments, with scope to adopt alternative cost concepts in specific cases.
Regulations designate average variable cost as the default proxy for marginal cost but permit the Commission to consider alternative cost concepts such as avoidable cost, long run average incremental cost or market value where reasons are recorded; the Commission/Director General may use experts to arrive at cost figures, and enterprises may request appointment of experts at their own cost subject to Commission discretion; confidentiality requests follow the Commission's general regulations and the Commission may determine procedures to remove difficulties not provided for.
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