Agenda Archive

Brexit: implications for the banking sector

May 2017

The ease of international transfers is a central element of the EU banking system. So how is the UK’s forthcoming exit from the EU likely to affect investors, employees and customers of banks? Oxera Partner, Dr Luis Correia da Silva, looks at the areas that are likely to be affected and the scale of the impact

The European mobile mergers controversy

May 2017

As the European mobile market continues to experience high growth in customer usage of data services, but at best stagnation of revenues, how should mobile mergers be analysed? Marc Lebourges, Europe and Economics Regulation Director at Orange, follows his 2014 Agenda article by looking at these developments and the current situation for mobile operators. The article responds to the February 2017 Agenda article, ‘Mergers and innovation: fewer players, more ideas?’

Behavioural remedies: the CMA’s approach to the Mastercard–VocaLink merger

May 2017

11 April 2017 saw the UK Competition and Markets Authority (CMA) clear Mastercard’s acquisition of VocaLink, the formerly bank-owned company that runs a large part of the payment infrastructure in the UK. This was one of the few cases in the UK that has received Phase 1 clearance with non-structural undertakings. This article gives an overview of the CMA decision and some of the lessons from it

Class actions: the end of the road for mobility scooters

May 2017

In 2016 Dorothy Gibson made legal history by being the first representative to bring an action for competition damages under the UK’s new ‘opt-out’ collective proceedings regime. What can that case, which was ultimately withdrawn in May 2017, tell us about the economic and legal issues that will be central to these new class actions in the future?