8.1Port Business Environment
A port is not an entity producing an isolated service. Besides the “external” effect where ports are partners along a supply chain, a variety of “internal” activities take place within the boundaries of a port. Thus, it is important to consider the diverse characteristics of each service that may lead to different regulatory schemes, as some present natural monopoly properties while others could be better produced under competition. By the same token, and given that all services must be produced within a limited area, it is important to analyze the ways and means of inducing public and private interests in ports and to identify the role of port authorities as institutions in charge of regulation ...