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
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
Oxera looks at the challenges that Ofgem faces in striking a balance between incentivising investment and ensuring long-term value for customers.
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.
Oxera Partner, Nicole Robins, will chair the Global Competition Review’s Annual State Aid conference in Brussels on 20 September. Register and find out more.
Maurice de Valois Turk is heading up Oxera’s Amsterdam office, playing a key role in Oxera’s growing international Telecoms, Media & Technology/Digital practice.
A ‘no deal’ scenario leads to two direct costs to UK–EU trade. Additional customs checks incur significant costs, including costs of delays, and any cost of route changes.
Regulation of the Italian water sector has undergone profound change over the past decade. The Italian Authority for Electricity and Gas now has regulatory and control functions over water regulation.