In March 2018, the Mayor of London set out the transport challenges for London as including congestion and air pollution, alongside road safety and a lack of physical activity among Londoners. To support the objectives of reducing congestion and improving air quality, Transport for London is consulting on two changes to transport policy in London.
Today Citizens Advice issued a super-complaint to the Competition and Markets Authority about the ‘loyalty penalty’. According to Citizens Advice, firms are ‘routinely punishing their customers simply for being loyal’, which disproportionately affects vulnerable customers such as older people. Who is affected? The super-complaint focuses on five retail markets in two sectors: financial services (home
In March 2018 the Court of Amsterdam issued a verdict in a long-running abuse of dominance case involving funda, the largest property website in the Netherlands. The Court found funda to be dominant, but did not consider the company’s discriminatory listing of rival estate agents to be distortive of competition. Dr Gunnar Niels, Partner at Oxera and court expert in the case, describes how this makes for an interesting comparison with Google Shopping and other competition cases involving online platforms
Choosing the right energy mix is a hot topic for many countries around the world. In the UK, for example, the government appears committed to supporting new nuclear capacity; however, sceptics point to the declining cost of renewables as a reason why this commitment may be misplaced. What is the economic case for new nuclear capacity, given the objectives of security of supply, affordability, and decarbonisation?
In June 2018, the US District Court issued its decision to clear the proposed merger of AT&T and Time Warner, following an in-depth investigation and subsequent lawsuit by the Department of Justice (DOJ)—making this the first vertical merger to go to trial in the USA in 40 years. Oxera Partner, Maurice De Valois Turk, discusses the economics underlying the DOJ’s main theory of harm and why did it not convince the court
Oxera appointed to advise European electricity transmission system operators on international efficiency benchmarking
The Council of European Energy Regulators (CEER) has been undertaking pan-European benchmarking of electricity and gas transmission service operators (TSOs) since 2003. It is currently following up on its electricity and gas studies, in 2012/13 and 2015/16 respectively, with the new studies for the TSOs anticipated to be completed by March 2019. As part of
As part of a Special Report on Energy & Natural Resources, which appears in the October 2018 issue of Financier Worldwide, Oxera energy experts Helen Jenkins, Jostein Kristensen and Sahar Shamsi participated in a Q&A Forum on ‘Energy Investigations’. In addition to assessing the status quo, our experts looked at how energy investigations might change
The Rail Review launched on 20 September is (at least) the fifth major rail review in eight years. But how can passenger and freight customer interest genuinely be placed at the heart of rail in Great Britain? One approach is to take a look at another sector that has had its fair share of criticism
Oxera has developed a framework to assess the competitive effects of state aid for the European Commission.