A new era for collective actions in the UK

The long-awaited UK Supreme Court judgment in Mastercard v Merricks 1 (‘the Judgment’) was handed down last Friday morning. The Judgment allows a £14bn opt-out collective proceeding to proceed. The application for a collective proceeding, launched by Walter Hugh...

Has market fragmentation caused a deterioration in liquidity?

The EU equity trading market has seen significant changes in its market structure in the last decade. The introduction of competition among trading venues following MiFID has resulted in lower trading fees and greater choice for end users. However, both buy-side and sell-side participants have raised concerns about trading fragmentation leading to liquidity fragmentation. Has the market indeed become ‘thinner’, and have the actual costs of trading increased as a result?

Read More

Preparing for resilience: analysing and treating risk

Resilience of infrastructure is moving up the policy agenda, according to a report published this year by the UK’s National Infrastructure Commission (NIC). The NIC considers resilience to be characterised by an ability to ‘Anticipate, Resist, Absorb, Recover, Adapt and Transform’. Dr Rupert Booth, Oxera Economic Adviser, examines the first element—‘Anticipate’. He considers the role of the economist in working with executives on the analysis and treatment of risk as the first step in creating a resilience strategy

Read More

Looking forward to 2021

2020 has been a turbulent year in many ways, yet we have seen some incredible advances and positive changes. In our end-of-year video, we reflect on the resilience of our clients and colleagues, and reasons to be optimistic as...

RIIO-2 Final Determinations: how final?

Having published its Draft Determinations (DDs) in July 2020,1 on 8 December 2020, Ofgem published its Final Determinations (FDs) for the RIIO-2 price controls for the GB electricity transmission (ET), gas transmission (GT), and gas distribution (GD) sectors, and...

EU pharmaceutical strategy: innovative medicine?

The European Commission is setting out a road map of interlinked policies across various sectors, with the stated aims of: (i) improving outcomes for Europeans; (ii) increasing competition and the competitiveness of European businesses; and (iii) supporting European innovation....
Open menu Close Search Play video RSS Feed Share on Facebook Share on Twitter Follow us on Instagram Follow us on Youtube Connect with us on Linkedin Email us Copy link