Pass it on: the draft EU guidelines on pass-on and volume effects

On 5 July 2018 the European Commission published draft guidelines to help national courts estimate the share of overcharges ‘passed on’ to indirect purchasers and final consumers of goods affected by a cartel. The guidelines also cover estimation of volume effects, which are the natural counterpart to pass-on. How helpful are these draft guidelines, and how could they potentially be improved?

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The threat of common ownership: real or imagined?

Common ownership—the simultaneous ownership of equity of two competing companies by the same investor—has been rising steadily. This trend has been largely triggered by increasing institutional investor participation, including index funds owned by asset managers such as Vanguard and BlackRock. However, as highlighted by Oxera Partner, Professor Julian Franks, and Oxera Associate, Professor Vikrant Vig, the rise has been accompanied by an important debate on the potential anticompetitive effects of common ownership

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Policy papers on the German energy regulator’s benchmarking framework

Oxera, in collaboration with Dr Eva Deuchert of Netze BW, will be publishing a series of articles in ew – Magazin für die Energiewirtschaft on Bundesnetzagentur’s current benchmarking procedure for assessing the efficiency of energy networks. Building on insights gained from working on energy issues in Germany, as well as similar issues in several other

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The 2nd International Conference on Cognitive Analytics Management 2018: Expert panel on the use of benchmarking in regulation

Dr Srini Parthasarathy is invited to participate in an expert panel on the use of benchmarking in regulation at the 2nd International Conference on Cognitive Analytics Management, to be held between 28 November and 1 December 2018 in Beirut. The panel will include Tone Madsen, Head of Danish Water Regulatory Authority, Tore Langset, Head of

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Android in Europe: benefits to consumers and businesses

Smartphones have become central to our digital lives. We use them to connect with our friends and family, and to access information, entertainment and markets. With competition enforcers increasingly intervening in digital markets and regulatory authorities examining many of the issues that can arise in these markets, it is vital to understand how the smartphone

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Data in digital markets

Data is everywhere in the online world, be it as a means of exchange for services, an input for customisation or machine learning, or as variables that feed into matching algorithms. Data has gained increasing attention from academics and policymakers. Instances of data misuse—such as the Cambridge Analytica case in early 2018—brought to the public’s

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Market power in digital platforms

The influence of digital platforms has expanded significantly over the past decade. Some of today’s largest companies and best-known brands did not even exist 20 years ago. The innovative products, services and commercial opportunities that these digital power houses provide have become central to many aspects of modern-day life. While this might lead authorities to

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Algorithmic competition

The digital revolution has led to a significant growth in companies’ ability to capture, store and analyse data about their customers, competitors and the wider world. Increasingly, companies are using this information to develop algorithms that set prices for them. But how might the automation of pricing through algorithms affect competitive outcomes in markets, and

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Oxera opens office in Paris

Oxera Consulting LLP announces the opening today of its Paris office, to be headed up by Partner, Pascale Déchamps We continue our expansion in Europe with the opening of our office in Paris, adding a seventh location to complement our network of European offices in Amsterdam, Berlin, Brussels, London, Oxford and Rome. Pascale Déchamps will

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