Compelling economics only lives up to its name if it delivers compelling outcomes. (Empty rhetoric never solved a client issue.) Have we managed to do this? Consult any of the following:

Ryanair

The airline was under state aid investigation by the European Commission.

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Ofwat

Ofwat, the regulator of the water sector in England and Wales, wanted to review the way it regulated water companies and, in particular, to improve their focus on customers by developing an approach to regulation that would incentivise the delivery of outcomes sought by customers. It asked us to consider how best to do this. 

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ComReg

ComReg, the Irish communications regulator, asked us to help it determine when, and how, it should intervene in order to implement the obligation it imposed on eircom, following a finding of significant market power in the wholesale and retail fixed voice access market, not to ‘unreasonably bundle’ fixed voice access services. 

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Google

Digital maps have become part of our lives, but what impact do they have on the economy? That’s what Google asked us to find out.

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Heathrow Express

The CEO and Forecast Manager of Heathrow Express commissioned us to produce a pricing and revenue review.

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Stagecoach

Bus operators in the Tyne and Wear region faced regulation of their business through the imposition of a Quality Contracts Scheme (QCS) by the local authority (the North East Combined Authority, NECA). This would have seen their current commercial freedoms over fares and routes replaced with a system where these things were determined by the local authority, with the operators paid to provide those services. To implement the QCS, the local authority was required to demonstrate to an independent QCS Board that the scheme met five public interest criteria and that the consultation on the QCS was adequate.

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Audit market

Is there a problem of competition and choice in the audit market? What happens if another of the Big Four collapses like Andersen? Our report for the Financial Reporting Council and Department of Trade and Industry sparked a fierce debate and had a profound impact.

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Royal Mail

Royal Mail wanted to measure the impact of competition in direct delivery on the financial sustainability of the universal postal service in the UK. It asked us to help it with this, and to provide strategic advice in its interactions with Ofcom on this issue.

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Small oil and gas companies

It was a landmark case. To persuade the then Secretary of State to allow small oil and gas companies access to pipelines and to agree a price to use the infrastructure.

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Turf TV

In 2007 British racecourse owners found themselves embroiled in complex litigation over media rights. Historically, televised horseracing in betting shops had been provided by broadcaster SIS on behalf of bookmakers William Hill, Ladbrokes and BetFred, and the associated media rights company BAGS. Through AMRAC, the racecourses launched a rival service, Turf TV, to betting shops. The bookmakers and BAGS responded by suing the bookmakers for price-fixing, collective selling and foreclosure.

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