UK government significantly underestimating effectiveness of air passenger testing schemes

Summary Oxera, Edge Health and Dr Kit Yates have partnered to bring together their analytical, modelling, epidemiological, health sector and aviation expertise in order to review papers from Public Health England (PHE), the London School of Hygiene & Tropical Medicine (LSHTM) and the Animal and Plant Health Agency (APHA), which form the basis of the

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Review of evidence on testing on arrival schemes

Since June, the UK has required all international travellers to the UK, except those arriving from a list of exempt (‘travel corridor’) countries, to quarantine for 14 days. Unlike a number of other countries, the UK has not introduced any form of scheme to test travellers for COVID-19. We understand that part of the basis

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Oxera responds to consultations on the updating and implementation of European telecommunications regulation to promote investment in very-high-capacity networks

As part of the measures fostering widespread high-speed and high-quality telecommunications connectivity in the EU, the European Electronic Communications Code (‘the Code’), adopted in late 2018, provides an updated regulatory framework aimed at creating a pro-competitive and pro-investment regulatory environment for very-high-capacity networks (VHCNs). The European Commission and the Body of European Regulators for Electronic

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What are the CMA’s provisional findings in the PR19 redetermination?

On 29 September, the Competition and Markets Authority (CMA) published its Provisional Findings in the redetermination of Ofwat’s PR19 price review for four disputing companies (Anglian Water, Bristol Water, Northumbrian Water and Yorkshire Water), following a reference from Ofwat at the request of each company. This article provides commentary on three key areas: finance issues;

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Two-sided market definition: some common misunderstandings

The European Commission is consulting on updating its 1997 Market Definition Notice, which provides important guidance on identifying relevant markets in competition cases. One hotly debated topic is defining markets for two-sided platforms. Here we discuss some common misunderstandings around this, including on how to apply the hypothetical monopolist test to digital platform markets

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The risks of using algorithms in business: demystifying AI

Today algorithms influence all aspects of our lives, from how much we pay for groceries and what adverts we see, to the decisions taken by health professionals. As these tools become increasingly widespread, they pose new challenges to businesses. In order to begin to ‘demystify’ algorithms and AI, we ask: what benefits and risks do they bring to the economy?

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Two-sided market definition: some common misunderstandings

The European Commission is consulting on updating its 1997 Market Definition Notice, which provides important guidance on identifying relevant markets in competition cases. One hotly debated topic is defining markets for two-sided platforms. We discuss some common misunderstandings on this topic, including on how to apply the hypothetical monopolist test to digital platform markets

Read More

Review of evidence on testing on arrival schemes

Since June, the UK has required all international travellers to the UK, except those arriving from a list of exempt (‘travel corridor’) countries, to quarantine for 14 days. Unlike a number of other countries, the UK has not introduced any form of scheme to test travellers for COVID-19. We understand that part of the basis

Read More


Oxera responds to consultations on the updating and implementation of European telecommunications regulation to promote investment in very-high-capacity networks

As part of the measures fostering widespread high-speed and high-quality telecommunications connectivity in the EU, the European Electronic Communications Code (‘the Code’), adopted in late 2018, provides an updated regulatory framework aimed at creating a pro-competitive and pro-investment regulatory environment for very-high-capacity networks (VHCNs). The European Commission and the Body of European Regulators for Electronic

Read More


What are the CMA’s provisional findings in the PR19 redetermination?

On 29 September, the Competition and Markets Authority (CMA) published its Provisional Findings in the redetermination of Ofwat’s PR19 price review for four disputing companies (Anglian Water, Bristol Water, Northumbrian Water and Yorkshire Water), following a reference from Ofwat at the request of each company. This article provides commentary on three key areas: finance issues;

Read More


Two-sided market definition: some common misunderstandings

The European Commission is consulting on updating its 1997 Market Definition Notice, which provides important guidance on identifying relevant markets in competition cases. One hotly debated topic is defining markets for two-sided platforms. Here we discuss some common misunderstandings around this, including on how to apply the hypothetical monopolist test to digital platform markets

Read More


The risks of using algorithms in business: demystifying AI

Today algorithms influence all aspects of our lives, from how much we pay for groceries and what adverts we see, to the decisions taken by health professionals. As these tools become increasingly widespread, they pose new challenges to businesses. In order to begin to ‘demystify’ algorithms and AI, we ask: what benefits and risks do they bring to the economy?

Read More


Two-sided market definition: some common misunderstandings

The European Commission is consulting on updating its 1997 Market Definition Notice, which provides important guidance on identifying relevant markets in competition cases. One hotly debated topic is defining markets for two-sided platforms. We discuss some common misunderstandings on this topic, including on how to apply the hypothetical monopolist test to digital platform markets

Read More


A formula for success: reviewing the social discount rate

The social discount rate (SDR) is a crucial component of the UK government’s approach to project and policy appraisal. Government guidance has stipulated the same SDR (3.5%) since 2003. In the first of two Agenda in focus articles, we show that recent research can reasonably support an SDR of under 2.5%; and that this SDR declines considerably more slowly as the appraisal period is extended than the one that is currently used

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Professor Julian Wright joins Oxera’s Associate Network

As the world becomes ever more digital, Julian Wright, Professor of Economics at the National University of Singapore, joins Oxera’s Associate network. Julian Wright is the Lim Chong Yah Professor in the Department of Economics at the National University of Singapore. His research is primarily in the areas of network economics, digital platforms and competition

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Will an online sales tax save the UK high street?

The ‘death of the high street’ has been seriously debated in the UK since 2011 when the Portas Review highlighted the effects of internet shopping, out-of-town shopping centres, congestion, and the lack of local leadership.1 The debate has been renewed by the recent effects of COVID-19 on the high street, with a shift towards more

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