Soaps, groceries and app stores: extending merger price-rise analysis
Simple tests based on firms producing a single product have become increasingly popular among competition authorities looking to assess the effect of mergers on prices. In reality, however, firms often produce several related products. Does this introduce any potential biases to these tests? If so, what can be done to mitigate them?
Select ‘Download’ to read the full article.
Ahead of the new regulatory period for the integrated water service, in December 2023, ARERA (Autorità di Regolazione per Energia Reti e Ambiente) published the decision setting the new regulatory framework for Italian water networks, the so-called MTI-4. According to the latest evidence, the regulation contributed to improve the outcomes… Read More
Transport policy in the UK is at a critical juncture. The UK’s commitment to decarbonise transport will require adopting new technologies and changing behaviours, including a rapid uptake of electric vehicles, encouraging modal shift and active travel, adopting sustainable aviation fuels, improving aircraft efficiency and managing demand. Further, there are… Read More