International concessions
Introduction
In economics and administrative law, a concession is the granting of the right to exploit, for a specific period, goods and services "Service (economy)") by one public administration or company to another, generally private.
The purpose of the concession is the administration of public assets through the use, exploitation, exploitation of the facilities or the construction of works and new terminals of any kind, including maritime, land or air transportation, of public domain assets.
The objectives of these businesses are to provide essential services to the public, for example, electricity, gas, water supply, wastewater treatment, radio "Radio (receiver)"), television and telecommunications, cleaning, collection, transfer, treatment and final disposal of waste, markets and supply centers, pantheons, flea markets, streets, parks, gardens and their equipment. Public concessions affect almost all infrastructure in developed countries, as they require large integrated distribution networks, or the coordination of many essential services such as the national power grid.[1] Many public concessions have a cost structure that benefits from large scale, since unit costs fall as the network increases. However, the existence of these networks usually causes public concessions to benefit from a natural monopoly to provide that service in the area where they operate.
The concession in administrative law
The word concession is used in very different meanings and it refers to various institutions. The use of this term has been and is so imprecise that it has been rightly said that it plays in current law the same function that "grace" once played in canon law. The promiscuous use of this term is verified in practice in the laws and, even, in the authors.
The concession is not an exclusive act of administrative law, French and Italian doctrine understood that it was similar to a contract like the one entered into by two people. Then it was simply said that the legal nature of the concession was that of a contract.[2].