A recent electricity price control dispute in the small island of Sark in the English Channel captured the imagination of the media, with outlets such as BBC, ITV, The Guardian, and CNN speculating that the island would have to be evacuated due to an electricity blackout.
In commercial disputes and arbitrations, the remedy for a breach of contract may involve awarding damages calculated by reference to the wrongdoer’s profits. This is referred to as negotiating damages (previously, ‘Wrotham Park’ damages), and it can be controversial.
In most countries, financial conduct regulation and competition regulation are undertaken by separate institutions. Yet there are questions about the efficacy of this arrangement, given the results seen in UK financial markets, which can sometimes favour neither consumers nor efficient and innovative firms.
Online platforms offer many benefits to business users and consumers, and play an important role in society in bringing people and/or businesses together.
Oxera advises Post Office on Payzone UK acquisition for over-the-counter payment of bills system. Case provides insight into merger assessment in two-sided markets.
Yesterday, the FCA published the terms of reference for the forthcoming general insurance market study; a thematic review of the home insurance supervisory programme; and a discussion paper on fair pricing in financial services. Who is affected? The market study will focus on motor and home insurance, with wider implications for health, pet and travel
During October and November 2018, the UK and the EU are hoping to agree on the basis for the UK to withdraw from the Union, with the Agreement to be ratified by EU institutions and the UK Parliament before the UK leaves on 29 March 2019. What happens if the UK leaves with no deal in place? In particular, what will be the effect on ports and trade?