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What is the contribution of rail to the UK economy?

The rail sector plays an important role in providing employment across Great Britain, both directly in the industry (through employment by TOCs, FOCs and Network Rail) and indirectly through the supply chain. In addition, as a key component of the transport infrastructure in Great Britain, the rail sector provides significant economic benefits by enabling other sectors of the economy to be more productive.


On behalf of the DfT, Oxera examines the international competitiveness of the UK maritime sector

The UK maritime sector—how does it compare internationally?

The UK ports sector is one of the largest in Europe, handling 500m tonnes of freight per year and 28m passenger movements. There is potential scope for competition between ports in Northern Europe for the transhipment of containerised cargos serving hinterland markets. The presence of ports more generally may indirectly contribute to other parts of the maritime industry, such as maritime education, since maritime colleges are often located near ports.


Oxera advises The New Zealand Commerce Commission on cost of capital

The New Zealand Commerce Commission has asked Oxera to advise on one aspect of its approach to estimating the cost of capital in the context of the pricing reviews for unbundled copper local loop and unbundled bitstream access services.


Oxera advises on access pricing options for the water sector

Severn Trent Water has commissioned Oxera to discuss possible options for access pricing and the future treatment of the regulatory capital value in the water sector. 


Estimating the cost of capital for Italian electricity and gas networks

The Italian regulator, Autorità per l’Energia Elettrica, il Gas e il Sistema Idrico, commissioned Oxera to provide recommendations on best practice in estimating the weighted average cost of capital (WACC) in the context of regulating electricity and gas networks in Italy. 


Smarter Consumer Communications

The Financial Conduct Authority has published a discussion paper on smarter consumer communications, with the aim of starting a debate on how product disclosure can be improved to help consumers make informed decisions. 


Preparing companies for the retail water market

Open Water commissioned the report from Oxera to help support company readiness for retail market opening. The report supports the Open Water Market Architecture Plan and represents a practical guide setting out the issues companies may want to consider as they prepare for competition in the non-household retail market in England. In this context, the six areas are:



Digital Single Market strategy: first impressions

The European Commission has a vision for a Digital Single Market (DSM) in which, irrespective of their nationality or place of residence, individuals and businesses can seamlessly access products and services online, under conditions of fair competition while maintaining a high level of consumer and personal data protection.

Announced on 6 May 2015, the Commission's strategy introduces a framework for realising the DSM, which is expected to promote innovation, growth and jobs throughout Europe. Alongside this strategy, a separate, but complementary, sector inquiry will focus on barriers to cross-border trade set up by companies supplying goods and services online.


Response to CMA consultation document: guidance on the CMA’s approval of voluntary redress scheme

The Competition & Markets Authority (CMA) recently published guidance about how a new form of compensation scheme might operate in the UK for firms and individuals that have been harmed by breaches of competition law. The new scheme is voluntary and would involve the creation of an independent board to oversee the quantification of harm and distribution of compensation. Oxera has reviewed the CMA’s guidance regarding how such a scheme would be approved. 


How are Internet start-ups affected by liability for user content?

What is the economic impact of safe harbours on Internet intermediary start-ups?

Internet intermediaries facilitate the free flow of information online by assisting users to find, share and access content and by providing spaces in which they can interact. Intermediaries can be defined as businesses or platforms that facilitate the consumption, use and dissemination of content, and (social or business) interactions between Internet users, such as Internet service providers, web hosts, search engines, social networks, and ecommerce platforms. 

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