New decade, new government: evolution of the competition and consumer regimes
Philip Collins, Chairman of the UK Office of Fair Trading, considers the challenges that the competition and consumer regimes face given the fundamental changes that have taken place over the past decade—particularly to the legislative landscape—and the economic constraints currently affecting both private and public spheres.
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Switching tracks: the regulatory implications of Great British Railways—part 2
In this two-part series, we delve into the regulatory implications of rail reform. This reform will bring significant changes to the industry’s structure, including the nationalisation of private passenger train operations and the creation of Great British Railways (GBR)—a vertically integrated body that will manage both track and operations for… Read More
Cost–benefit analyses for public policy
Cost–benefit analyses (CBA) are commonly applied to public infrastructure projects where there is a degree of certainty about the physical output of the project and the consequent societal benefits. CBA can also be applied to proposed policy and regulatory changes, but there is less clarity about the outcomes and the… Read More