Last week, Oxera Partner, Dr Min Shi, CFA, testified in the eight-week trial at the London High Court in the matter of PCP Capital Partners LLP and others v. Barclays Bank Plc. Dr Shi was cross examined over the course of two days in relation to the damages suffered by PCP in connection with the
Proposed acquisition of UBI Banca by Intesa Sanpaolo approved by ICA: The last regulatory hurdle to acquisition is cleared following a green light from the ECB and CONSOB
The Italian Competition Authority (ICA) has authorised the acquisition of UBI Banca S.p.A. by Intesa Sanpaolo S.p.A. (ISP) after an in-depth phase II investigation. As part of its assessment, the ICA analysed the degree of competition at the local level in a number of markets, and applied strict screening criteria to identify a large number
Oxera is pleased to have contributed to the State of the Nation 2020: Infrastructure and the 2050 net-zero target report by the Institute of Civil Engineers. Despite the increasing importance of the climate change agenda within the regulated infrastructure industry, significant barriers are still in the way of unlocking the delivery of the 2050 carbon targets.
In recent months we have seen a sea change in the way we live and how we do business. The global pandemic has meant that we—businesses, governments, regulators and banks—have had to adapt rapidly to guidance on protecting lives, livelihoods and the economy. People and firms have found new ways of doing things, and although
We are delighted to announce that Professor Alfredo Macchiati has joined Oxera as a Partner. Alfredo started working with Oxera four years ago, and has dedicated his efforts to supporting our business development activities in Italy. Alfredo is Professor of Economic Policy, LUISS-Guido Carli University, Rome, and an expert on regulation and competition. At
The European Fluorocarbons Technical Committee (EFCTC) asked Oxera to undertake an independent assessment of the trade flows in HFCs EFCTC is a sector group of the European Chemical Industry Council (Cefic) and is represented by the companies Arkema, Chemours, Daikin Chemical, Honeywell and Koura. Its main objective is to provide up-to-date information on the applications,
The impact of COVID-19 on the aviation sector The aviation sector is set for significant changes, with increased levels of state aid and public ownership, and firms in distress leading to the potential for further consolidation and restructuring. What do these changes mean for competition in aviation? Given the impact of the
The European Green Deal and its implications for regulation, State aid and competition policy – do the rules need to change?
Oxera Consulting LLP and Herbert Smith Freehills LLP are pleased to invite you to a webinar on the implications of the European Commission’s Green Deal on regulation, State aid and competition policy on Thursday 9 July 2020 from 11:00 to 12:30 CEST. The webinar will focus on the European Commission’s major
The pan-European Transmission Cost Benchmarking Project (TCB18) is an international comparison of electricity and gas transmission system operators’ (TSOs’) cost efficiency. Oxera’s review, undertaken on behalf of the participating European TSOs, identified several areas of the study that will benefit from additional work. In the spirit of strengthening such initiatives in the future, our review
We’re delighted to welcome Dr Eva Deuchert to Oxera as a Senior Adviser. An expert in regulatory economics, econometrics, and efficiency benchmarking, Eva joins Oxera from a large German distribution system operator, where she worked as a Regulation Manager. Previously, she was Assistant Professor at the University of St. Gallen. Eva will join our German Energy and Analytics practices, where she will bring a wealth of experience thanks to her quantitative background.