Publications in: Competition & Antitrust

Valuing Assets Using Real Options: An Application to Deregulated Electricity Markets

Published: 2005

Journal of Applied Corporate Finance, 17, 2, 2005. Swinand, G., Rufin, C. and Chetan, S.

Structure and Functioning of the Electricity Market in Belgium in a European Perspective

Published: October, 2004

London Economics was commissioned by the General Council of the “Commission fĂ©dĂ©rale de RĂ©gulation de l’ElectricitĂ© et du Gaz” (CREG) to analyse whether, and to what extent, the current federal regulation makes the markets for production, trading and supply of electricity competitive or potentially competitive and, if not, what remedies could be implemented. The report […]

The Impact of Size-based Pricing on Mail Users

Published: July, 2004

This report presents the results of London Economics’ study for Postwatch concerning the impact of the change to size based pricing (SBP) proposed by Royal Mail in August 2003. The proposal represents a major change to Royal Mail’s pricing structure and would affect most postal users to varying degrees. The proposed price changes vary greatly […]

An Empirical Examination of the Theory and Practice of How to Set X

Published: June, 2004

This Working Paper examines the setting of the X-factor in price cap regulation. We show the US-style productivity-offset  X relies on assumptions that are unlikely to hold empirically. We propose a more direct X, where X equals the forecast of TFP growth less the difference between industry input and consumer price growth.

Empirical Analysis of Further Liberalisation in Norway

Published: June, 2004

12th Conference on Postal and Delivery Economics. Cork, Ireland. June 2-5, 2004.

Assessing the Key Economic Drivers for Change in the Current Business Climate

Published: June, 2004

European Outsourcing Association’s Conference. Amsterdam, the Netherlands. June 9-10, 2004.

Ex-post Evaluation of the Impact of Rescue and Restructuring Aid on the International Competitiveness of the Sector(s) Affected by Such Aid

Published: June, 2004

London Economics was commissioned by the European Commission – DG Enterprise to evaluate the impact of rescue and restructuring aid on the international competitiveness on the sectors affected by such aid. This ex-post evaluation focuses on the survival of companies having received rescue and/or restructuring State aid, the social and economic effects of such aid […]

Internet Use by Businesses in Old and New EU Member Countries

Published: April, 2004

TIGER Conference The New Economy and Post-Socialist Transition. Warsaw, April 10-11, 2004.

Overview of EU25 Securities Trading, Clearing, Central Counterparties, and Securities Settlement

Published: February, 2004

The report for the European Commission – DG Competition provides a pan-European overview of trading, clearing and central counterparties, settlement, and custody, of equity, corporate and government bonds, and the related infrastructures (exchanges, clearing institutions and central counterparties, central securities depositories and international central securities depositories at primary level and international central securities depositories and […]

An Empirical Examination of Postal Liberalisation in Norway

Published: 2004

Postal Insight, Pitney Bowes, 2004. Swinand, G. and Lyons, S.