Restrictions on commission payments would not be an appropriate regulatory tool in many financial services markets, as the negative consequences can significantly outweigh the initial goals sought by regulators, according to a new study by the independent economics consultancy, Oxera. Read More
Of the 21 economics consultancies featured in the annual GCR guide to the world's leading competition law and economics practices, Oxera is no 1 and no 2 in government investigations and antitrust litigations respectively. In 2014 we advised on 45 government investigations; our closest competitor in this area advised on only 17 such cases. Similarly, in antitrust litigations Oxera worked on 45 cases, double the average number of cases for other consultancies. Read More
PA Consulting and Oxera have undertaken research to examine how passenger aviation might look in the future. Four possible scenarios have been developed which could change the face of the sector: Destination Anywhere World, Nouveau Jet-Set World, Sky-Party World, and Hop-On Hop-Off World. Each one explores how the industry might look in 2034. Find out more on the PA Consulting website or download the full report. Read More
Oxera has been appointed by Broadband Delivery UK (BDUK) to conduct an independent evaluation of the UK’s broadband state aid measure. The study will be one of the first ex post evaluations in the field of state aid, evaluating the National Broadband Scheme as implemented to date. Read More
In a blog for Competition Bulletin, Enno compares how interest might be applied in the UK, Germany and the Netherlands. He then goes on to discuss the relevant economic considerations when applying interest, which include determining the appropriate interest rate, and whether the interest rate should be applied as simple or compound interest. Read More
The European Commission yesterday cleared Ryanair's arrangements at Charleroi Airport (Belgium), Hahn Airport (Germany), Alghero Airport (Italy) and Västerås Airport (Sweden) of any state aid. The European Commission's investigations covered the deals between Ryanair and these airports as far back as the late 1990s, with the investigation into Ryanair's arrangements at Charleroi Airport representing the first state aid investigation of any low-cost airline's operations. In the course of these investigations, Oxera has prepared several reports that have been submitted to the European Commission, which demonstrate that, based on sound economic and financial analysis, Ryanair's arrangements at these airports are in line with state aid rules. Read More
The Oxera Economics Council, a group dedicated to stretching the boundaries of economic thinking, has today announced the appointment of two new members. Amelia Fletcher is Professor of Competition Policy at the ESRC Centre for Competition Policy and is a Non-Executive Director at the Financial Conduct Authority. Volker Nocke is Professor of Economics at the University of Mannheim, holding the Chair in Microeconomics since September 2009. Read More
The size and value of the rail industry to the UK economy are detailed for the first time in a report published today by the Rail Delivery Group (RDG). Read More
Dr Helen Jenkins and Robin Noble, both partners at economics consultancy Oxera, played key roles as experts in a five-year litigation case which settled this month. Read More
Independent economics consultancy continues to invest in its growth strategy Leading European economics consultancy, Oxera, has today announced that it has appointed legal heavyweight and respected academic and author Anthony Julius to Chair its Governing Board, as it completes its conversion to an LLP structure. Read More