Generated by All in One SEO v4.9.0, this is an llms.txt file, used by LLMs to index the site. # Economic Insight We make Economics Relevant ## Sitemaps - [XML Sitemap](https://www.economic-insight.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [The Cunliffe Review – lessons for energy network regulation](https://www.economic-insight.com/2025/08/11/the-cunliffe-review-lessons-for-energy-network-regulation/) - [et_pb_section fb_built=”1″ next_background_color=”#ffffff” admin_label=”section” _builder_version=”4.16″ _dynamic_attributes=”background_image” background_color=”#414987″ background_image=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” background_blend=”soft-light” min_height=”400px” custom_margin=”-25px||||false|false” custom_padding=”50px||||false|false” bottom_divider_style=”slant2″ bottom_divider_height=”72px” background_last_edited=”on|desktop” background_position_phone=”top_left” saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” width=”65%” custom_margin=”40px||||false|false” custom_padding=”|40px|||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”4.16″ _module_preset=”default” title_level=”h2″ title_text_color=”#FFFFFF” title_font_size=”50px” title_line_height=”1.2em” meta_text_color=”#FFFFFF” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|desktop” title_text_shadow_style=”preset3″ global_colors_info=”{}”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||0px||false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||||false|false” - [Historical underinvestment and the regulatory framework](https://www.economic-insight.com/2025/04/24/historical-underinvestment-and-the-regulatory-framework/) - [et_pb_section fb_built=”1″ next_background_color=”#ffffff” admin_label=”section” _builder_version=”4.16″ _dynamic_attributes=”background_image” background_color=”#414987″ background_image=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” background_blend=”soft-light” min_height=”400px” custom_margin=”-25px||||false|false” custom_padding=”50px||||false|false” bottom_divider_style=”slant2″ bottom_divider_height=”72px” background_last_edited=”on|desktop” background_position_phone=”top_left” saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ _module_preset=”default” width=”65%” custom_margin=”40px||||false|false” custom_padding=”|40px|||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”4.16″ _module_preset=”default” title_level=”h2″ title_text_color=”#FFFFFF” title_font_size=”50px” title_line_height=”1.2em” meta_text_color=”#FFFFFF” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|desktop” title_text_shadow_style=”preset3″ global_colors_info=”{}”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||0px||false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||||false|false” - [Response to Cunliffe review](https://www.economic-insight.com/2025/04/16/response-to-cunliffe-review/) - We have responded to the recently launched Cunliffe review, which is expected to be the largest review of the water industry in England and Wales since privatisation. We set out our vision for a future regulatory model for the industry, recommending that the existing model should be replaced by one that delivers: - A longer term approach that ensures appropriate investment and asset maintenance. - Consistency and predictability. - Simplicity. Read our full response here - [CAT rejects water industry class action](https://www.economic-insight.com/2025/03/10/cat-rejects-water-industry-class-action/) - The Competition Appeal Tribunal (CAT) has rejected a competition law class action, which alleged that six water companies under-reported pollution incidents (constituting an abuse of dominance). Economic Insight Director, Sam Williams, was the expert economist acting for the companies. - [Economic impact of EDF's nuclear fleet](https://www.economic-insight.com/2025/01/27/economic-impact-of-edfs-nuclear-fleet/) - We have published an independent report for EDF assessing the economic impact of its nuclear power stations. We find that the current nuclear fleet has made significant contributions to the UK economy and the environment, contributing £123 billion in GVA, supporting 31,000 jobs annually, and avoiding 1.1 billion tons CO2 equivalent. - [Economic Insight Promotions](https://www.economic-insight.com/2025/01/06/economic-insight-promotions-4/) - We are delighted to announce the following promotions this year: Natalie Luyt and Loy Chen have been promoted from Consultant to Senior Consultant. Timothy Britain, Natalie Vriend, Johannes Boch and David Arnett have been promoted from Analyst to Consultant. Their promotions recognise the fantastic contributions they have made to Economic Insight through their skills and ambition, and importantly their support for their colleagues and clients. - [Ensuring a Reliable Approach to Notional Financeability](https://www.economic-insight.com/2024/12/23/ensuring-a-reliable-approach-to-notional-financeability/) - Today, we have published our report on ensuring a reliable approach to assessing the financeability of regulated firms, on behalf of Scottish Power Energy Networks. - [Ongoing efficiency for gas networks at RIIO-3](https://www.economic-insight.com/2024/12/11/ongoing-efficiency-for-gas-networks-at-riio-3/) - We have published two reports for the regulated gas networks, setting out our independent view on the scope for ongoing efficiency at RIIO-G3 and T3. - [Cartel damages claims, passing-on, and passing-back](https://www.economic-insight.com/2024/09/18/cartel-damages-claims-passing-on-and-passing-back/) - We are pleased to share that James Harvey has co-authored a paper in the Review of Industrial Organisation with Luke Garrod, Tien-Der Han and Matthew Olczak. - [Is anybody out there? Take-up rates in collective proceedings.](https://www.economic-insight.com/2024/09/13/is-anybody-out-there-take-up-rates-in-collective-proceedings/) - We are excited to share that James Harvey and Aastha Mantri have published an article in Issue 6 of the @ThoughtLeaders4Competition magazine. - [Evaluating the case for a gearing incentive mechanism: A report for Southern Water](https://www.economic-insight.com/2024/08/29/evaluating-the-case-for-a-gearing-incentive-mechanism-a-report-for-southern-water/) - Today we have published our report evaluating Ofwat’s proposals for a ‘gearing incentive mechanism’ at PR24, which may financially penalise companies with gearing above 70%. - [The UK Productivity Puzzle: A Survey of the Literature and Expert Views](https://www.economic-insight.com/2024/07/08/the-uk-productivity-puzzle-a-survey-of-the-literature-and-expert-views/) - In conjunction with Professor Anthony Glass, Economic Insight have published an article on the UK productivity puzzle in the International Journal of the Economics of Business. - [Subsidy control webinar with Bevan Brittan](https://www.economic-insight.com/2024/05/21/subsidy-control-webinar-with-bevan-brittan/) - Our colleagues Sam Williams, Hywel Cleverdon and Natalie Luyt will be joining Bethan Lloyd and Sally Stone of Bevan Brittan to speak at a webinar on achieving your objectives within the UK’s new subsidy control regime. The webinar will cover both a legal and economics perspective, exploring: an overview of the UK subsidy control regime; the key requirements for compliance (legal and economic); the pitfalls and risks in demonstrating compliance; and advice on seeking external support. More information about the event, including how to register, can be found here. - [Partnership with ThoughtLeaders4 Competition](https://www.economic-insight.com/2024/04/05/partnership-with-thoughtleaders4-competition/) - We are pleased to announce that we are partnering with ThoughtLeaders4 Competition (TL4C). We look forward to working with them across a range of competition law and competition litigation initiatives over the next 12 months. More information can be found here. - [Further Evidence on Frontier Shift at PR24](https://www.economic-insight.com/2024/03/29/further-evidence-on-frontier-shift-at-pr24-2/) - [et_pb_section fb_built=”1″ next_background_color=”#ffffff” admin_label=”section” _builder_version=”4.16″ _dynamic_attributes=”background_image” background_color=”#414987″ background_image=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” background_blend=”soft-light” min_height=”400px” custom_margin=”-25px||||false|false” custom_padding=”50px||||false|false” bottom_divider_style=”slant2″ bottom_divider_height=”72px” background_last_edited=”on|desktop” background_position_phone=”top_left” saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” custom_margin=”40px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”4.16″ _module_preset=”default” title_level=”h2″ title_text_color=”#FFFFFF” title_font_size=”50px” title_line_height=”1.2em” meta_text_color=”#FFFFFF” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|desktop” title_text_shadow_style=”preset3″ global_colors_info=”{}”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||0px||false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”2_3″ - [Algorithmic collusion and personalized pricing: A view from the UK](https://www.economic-insight.com/2024/03/07/algorithmic-collusion-and-personalized-pricing-a-view-from-the-uk/) - [et_pb_section fb_built=”1″ next_background_color=”#ffffff” admin_label=”section” _builder_version=”4.16″ _dynamic_attributes=”background_image” background_color=”#414987″ background_image=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” background_blend=”soft-light” min_height=”400px” custom_margin=”-25px||||false|false” custom_padding=”50px||||false|false” bottom_divider_style=”slant2″ bottom_divider_height=”72px” background_last_edited=”on|desktop” background_position_phone=”top_left” saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” custom_margin=”40px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”4.16″ _module_preset=”default” title_level=”h2″ title_text_color=”#FFFFFF” title_font_size=”50px” title_line_height=”1.2em” meta_text_color=”#FFFFFF” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|desktop” title_text_shadow_style=”preset3″ global_colors_info=”{}”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||0px||false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”2_3″ - [DAF’s Appeal to Trucks Judgement Rejected by Court of Appeal](https://www.economic-insight.com/2024/02/27/dafs-appeal-to-trucks-judgement-rejected-by-court-of-appeal/) - Today, the UK Court of Appeal published its judgment in relation to DAF's appeal of the Competition Appeal Tribunal's (CAT's) judgment in Royal Mail / BT vs DAF.DAF had four grounds of appeal, relating to: the econometric estimation of the overcharge; the scope for pass-on (in the context of companies subject to regulatory price controls); the value of commerce; and the estimation of interest. The Court of Appeal has rejected DAF's appeal in its entirety.James Harvey, supported by the team at Economic Insight, provided substantial expert evidence for Royal Mail and BT during the proceedings at the CAT, covering 8 of the 10 issues requiring determination. The expert evidence included several days of oral evidence given during cross-examination and so-called hot-tubbing. - [The risks of a form-based approach to exclusionary abuses of dominance – an economic perspective](https://www.economic-insight.com/2024/01/25/the-risks-of-a-form-based-approach-to-exclusionary-abuses-of-dominance-an-economic-perspective/) - [et_pb_section fb_built=”1″ next_background_color=”#ffffff” admin_label=”section” _builder_version=”4.16″ _dynamic_attributes=”background_image” background_color=”#414987″ background_image=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” background_blend=”soft-light” min_height=”400px” custom_margin=”-25px||||false|false” custom_padding=”50px||||false|false” bottom_divider_style=”slant2″ bottom_divider_height=”72px” background_last_edited=”on|desktop” background_position_phone=”top_left” saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” custom_margin=”40px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”4.16″ _module_preset=”default” title_level=”h2″ title_text_color=”#FFFFFF” title_font_size=”50px” title_line_height=”1.2em” meta_text_color=”#FFFFFF” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|desktop” title_text_shadow_style=”preset3″ global_colors_info=”{}”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||0px||false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”2_3″ - [The Effect on Cartels of the European Commission’s Reformed Fine Guidelines](https://www.economic-insight.com/2024/02/06/the-effect-on-cartels-of-the-european-commissions-reformed-fine-guidelines/) - [et_pb_section fb_built=”1″ next_background_color=”#ffffff” admin_label=”section” _builder_version=”4.16″ _dynamic_attributes=”background_image” background_color=”#414987″ background_image=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9mZWF0dXJlZF9pbWFnZSIsInNldHRpbmdzIjp7fX0=@” background_blend=”soft-light” min_height=”400px” custom_margin=”-25px||||false|false” custom_padding=”50px||||false|false” bottom_divider_style=”slant2″ bottom_divider_height=”72px” background_last_edited=”on|desktop” background_position_phone=”top_left” saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” custom_margin=”40px||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” featured_image=”off” _builder_version=”4.16″ _module_preset=”default” title_level=”h2″ title_text_color=”#FFFFFF” title_font_size=”50px” title_line_height=”1.2em” meta_text_color=”#FFFFFF” title_font_size_tablet=”” title_font_size_phone=”40px” title_font_size_last_edited=”on|desktop” title_text_shadow_style=”preset3″ global_colors_info=”{}”][/et_pb_post_title][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”||0px||false|false” global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_color=”#FFFFFF” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||||false|false” global_colors_info=”{}”][et_pb_column type=”2_3″ - [Ian Thompson Speaks at Utility Week Forum](https://www.economic-insight.com/2024/01/11/ian-thompson-speaks-at-utility-week-forum/) - Economic Insight Associate Director, Ian Thompson, will be joining a panel discussion at the Utility Week Forum on Wednesday 17th January. The panel will discuss how utilities can be supported to deliver their long term goals. The panel will cover topics such as attracting shareholder investment, balancing public and private investment, and ensuring financial resilience. Ian will be joined by Rebecca Beresford, from EDF (UK); Darren Pettifer from National Grid; and Matthew Hindle, from Wales & West Utilities. More details of the event can be found here. - [Key Themes from Ofgem's RIIO-3 Sector Specific Methodology Consultation](https://www.economic-insight.com/2024/01/04/key-themes-from-ofgems-riio-3-sector-specific-methodology-consultation/) - On 13 December 2023, Ofgem published its Sector Specific Methodology Consultation (SSMC) for the RIIO-3 price control for gas distribution and transmission, and electricity transmission. We have reviewed this consultation and put together our thoughts on some key themes that we think emerge from it. Read Full Article - [Economic Insight’s Smarter Regulation Condoc Response](https://www.economic-insight.com/2024/01/09/economic-insights-smarter-regulation-condoc-response/) - Economic Insight has published our response to the government’s proposals for strengthening economic regulation. In particular, we highlight: (i) how a refocus on financeability may be an effective means to deliver the government’s growth agenda; (ii) the case for using a differential regulatory approach for large and complex projects; and (iii) the risks of changing the water sector’s appeals process to an energy-style regime. Read Response - [Economic Insight Promotions](https://www.economic-insight.com/2024/01/08/economic-insight-promotions-3/) - We are delighted to announce the following promotions this year: - Kyran Stewart has been promoted from Consultant to Senior Consultant. - William Ward has been promoted from Analyst to Consultant. - Audrey Frankel has been promoted from Analyst to Consultant. - Joe Minichiello has been promoted from Analyst to Consultant. Their promotions recognise the fantastic contributions they have made to Economic Insight through their skills and ambition, and importantly their support for their colleagues and clients. - [A blueprint to trial at the Competition Appeals Tribunal](https://www.economic-insight.com/2023/12/01/a-blueprint-to-trial-at-the-competition-appeals-tribunal/) - Our colleagues Aastha Mantri and Loy Chen have published an article in the ICLG Class and Group Actions Laws and Regulations Journal. They discuss the recent judgements made by the Competition and Appeal Tribunal (CAT) and the key lessons for expert methodologies in future cases. Read the article. - [Developing the gold standard for financeability](https://www.economic-insight.com/2023/11/23/developing-the-gold-standard-for-financeability/) - Economic Insight is excited to announce the commencement of our ‘financeability blueprint’ programme of work. Between now and Spring 2024, we’ll be taking forward a range of work to answer the ‘key questions’ that determine a best practice approach to assessing financeability in UK regulated infrastructure. Over this period, we’ll be working with leading academics; finance professionals; and other stakeholders to ensure our finalised blueprint represents the ‘gold standard’ in financeability assessments. Commenting, Sam Williams (a Director and co-founder of Economic Insight) said: “I’m delighted that Economic Insight are leading the way in this critical area. Over the last 20 years, the assessment of financeability has evolved considerably, such that now is absolutely the right time to bring the focus back to the underlying intuition. In the context of the UK’s persistent low investment and productivity, the importance of this cannot be understated.”We’ll be publishing summaries of our work periodically with Utility Week (the first of which appears today); cumulating in a ‘launch event’ in London.” - [Economic Insight quantifies the impact of the SRA’s transparency rules](https://www.economic-insight.com/2023/10/31/economic-insight-quantifies-the-impact-of-the-sras-transparency-rules/) - The Solicitors Regulation Authority (SRA) has published the results of a programme of research, which Economic Insight undertook in 2022, to support the Year 3 Evaluation of its Transparency Rules. Read the full report. - [All Things Must Pass (On) – or Do They](https://www.economic-insight.com/2023/10/16/all-things-must-pass-on-or-do-they/) - Two of our colleagues, Ian Thompson and Madeleine Matos, have published in the International Comparative Legal Guide - Competition Litigation 2024 - [The Economics of the European Super League – Part one](https://www.economic-insight.com/2023/08/04/he-economics-of-the-european-super-league-part-one/) - For the fourth instalment of our sports summer series, one of our Analysts, David Arnett, has written part one of a two part article on the economics of the proposed European Super League with the second part coming next week. This article explores the economic rationale behind why the big clubs may want to form a super league and the potential implications this has for competition. The article can be found here. - [Sarah Barker and Aastha Mantri publish in Thomson Reuters Practical Law](https://www.economic-insight.com/2023/08/08/sarah-barker-and-aastha-mantri-publish-in-thomson-reuters-practical-law/) - Our colleagues Sarah Barker and Aastha Mantri have written an article for Thomson Reuters Practical Law on the use of economists in international competition litigation cases. They identify the main economic issues that arise in competition cases and explain how economists can provide support to legal teams in each of these areas. The article also compares economists’ involvement in competition litigation cases across jurisdictions, and notes the specific role played by economists in the rising collective actions damages claims in certain jurisdictions. The full article can be found here. - [David, Goliath and value for money](https://www.economic-insight.com/2023/09/07/david-goliath-and-value-for-money/) - One of our Analysts, William Ward, has written the final article of our summer series on the economics of sport. The article explores one way that underfinanced football clubs can "outthink" their competitors when faced with the impossible task of "outspending" them. The article can be found here. - [The effect of the Premier league on competition in the EFL](https://www.economic-insight.com/2023/08/24/the-effect-of-the-premier-league-on-competition-in-the-efl/) - One of our Consultants, David Sookias, has written an article that explores competition in England beyond the elite-level, looking specifically at the EFL (the three divisions below the Premier League). He assesses how the Premier League can affect competition in the EFL, and also what is positive about the level competition in the EFL. The article can be found here. - [The Economics of the European Super League – Part two](https://www.economic-insight.com/2023/08/10/the-economics-of-the-european-super-league-part-two/) - For the fifth instalment of our sports summer series, we have the second half of our two part article on the economics of the proposed European Super League, written by one of our Analysts, David Arnett. This article follows on from last week exploring the potential implications of the European Super League for competition in the football industry. The article can be found here. - [Hole in one - best approach to measuring the benefits of the PGA LIV merger](https://www.economic-insight.com/2023/07/28/hole-in-one-best-approach-to-measuring-the-benefits-of-the-pga-liv-merger/) - Put-ting the second part of our two-part sub-series of economics and golf (part of our overall summer series on economics in sport) is one of our Consultants Tom Elder. Following last week’s article teed off by our colleague Natalie Luyt, Tom has written an article looking into possible ways to test the intangible benefits that consumers might (in theory) receive from the ‘in principle’ merger agreed by major golfing bodies. He assesses what the benefits to customers might in fact be, and weighs up the pros and cons of two available methodologies to quantify these benefits: (i) revealed preference; and (ii) stated preference. Going forward, it will be interesting to keep a close eye on whether one (or both) of these methodologies are adopted in practice. Read here. - [Are big teams ruining football? A competition economics perspective](https://www.economic-insight.com/2023/07/14/are-big-teams-ruining-football-a-competition-economics-perspective/) - This summer, Economic Insight will be running a series of LinkedIn articles on the economics that drives some of the most beloved entertainment in the UK – sport. Our articles will provide an economics perspective on highly eminent issues that different stakeholders within UK sport are facing today. Kicking off our series, one of our Analysts, Joe Minichiello, has written an article exploring how economic theory can be used to assess the benefits of competition in sport, and how this applies to football leagues. The article can be found here. - [Par for the course – scouting out the PGA LIV merger](https://www.economic-insight.com/2023/07/21/par-for-the-course-scouting-out-the-pga-liv-merger/) - Slicing onto the second hole of our sports summer series, one of our Consultants, Natalie Luyt, has written an article on the sudden rise and fall in competition between golf tour operators. In particular, her article discusses the dramatic entry of LIV into the golf scene; the unexpected LIV PGA merger and how it may impact consumers and other stakeholders moving forward. With the British Open starting yesterday, it will be interesting to see how the market dynamics Natalie discusses drive play over the coming weeks. The article can be found here. - [Economic Insight responds to Ofgem’s consultation on future regulation](https://www.economic-insight.com/2023/05/30/economic-insight-responds-to-ofgems-consultation-on-future-regulation/) - DOWNLOAD: FRAMEWORKS AND FUTURE SYSTEMS CONDOC RESPONSE. Economic Insight has published our take on the future of energy network regulation for the energy transition and beyond. We highlight the need to address low productivity and investment in infrastructure industries (and for the UK economy as a whole); and the inherent connections between the two. We also identify key strengths and risks in alternative regulatory paths; and explore the pitfalls around the migration to hydrogen. Read the full response - [Dynamic Pricing (Taylor’s Version)](https://www.economic-insight.com/2023/07/10/dynamic-pricing-taylors-version/) - One of our Analysts, Audrey Frankel, has written an insightful article on dynamic pricing, and its role in concert ticket sales. In particular, Audrey looks at the upcoming Taylor Swift Eras Tour and the risks that dynamic pricing has for consumers. The full article can be read here. - [Sam Williams reappointed to the CMA’s cost of capital panel](https://www.economic-insight.com/2023/07/10/sam-williams-reappointed-to-the-cmas-cost-of-capital-panel/) - Economic Insight co-founder, Sam Williams, has been reappointed to the CMA’s external cost of capital panel. The role of the panel is to provide expert advice to the CMA on estimating the cost of capital; corporate finance and profitability analysis more broadly. - [The writing is on the wall](https://www.economic-insight.com/2023/06/26/the-writing-is-on-the-wall/) - One of our Analysts, William Ward, has written a brief article considering how economic theory can be used to explain the length of time required for strike action to 'bite' in different industries. In particular, he explores the role of different economic forces in the rail and media production industries, highlighting the challenges faced by striking writers as they hit their 55th day of striking. Read the article here. - [Aastha Mantri joins panel at the ‘Frontiers in Competition and Regulation’ conference](https://www.economic-insight.com/2023/06/15/aastha-mantri-joins-panel-at-the-frontiers-in-competition-and-regulation-conference/) - Economic Insight Associate Director, Aastha Mantri, will be joining a discussion on the evolution of competition and monopoly law on Friday 16th June at the upcoming ‘Frontiers in Competition and Regulation’ conference in Norwich. She will be joined by Morten Hviid, Sebastian Peyer, Sean Ennis and Andreas Stephan from the Centre for Competition Policy, and Peter Lukacs from the Financial Conduct Authority. More details about the event can be found here. - [Trains, planes and auto-matic switching?](https://www.economic-insight.com/2023/06/12/trains-planes-and-auto-matic-switching/) - One of our Consultants, David Sookias, has written an insightful LinkedIn post on the French government's ban of all short-haul domestic non-connecting flights. David discusses why trains and planes may not be fully substitutable for some consumers and what the economic impacts of policy change might be. The post can be found here. - [Economic Insight sponsoring the ‘Thought Leaders 4 Competition’ conference](https://www.economic-insight.com/2023/05/30/economic-insight-sponsoring-the-thought-leaders-4-competition-conference/) - Economic Insight is proud to be sponsoring the upcoming ‘Thought Leaders 4 Competition’ conference in London on Tuesday 6th June. Economic Insight co-founder, Sam Williams, will be part of the panel discussion on ‘Identifying Recent Developments in Litigation Funding and Potential Future Direction’. Sam and the panel will be discussing: (i) what Litigation Funding Agreements should look like; (ii) how they should be insured; (iii) developments in the regulation of funding; and more. More details about the event can be found here. - [An independent view on the scope for frontier shift in the water industry at PR24](https://www.economic-insight.com/2023/04/27/frontier-shift-at-pr24/) - DOWNLOAD: FRONTIER SHIFT AT PR24. Economic Insight was commissioned on behalf of a consortium of water companies to reach our own independent view on the scope for frontier shift at PR24 – the upcoming price control in the water industry. Frontier shift represents the efficiency gains that can be made by even the most efficient companies in an industry, given that economic theory dictates that all companies will become more efficient over time. Download the full report - [Vacant NHH properties: analysis for Yorkshire Water and Business Stream](https://www.economic-insight.com/2023/05/04/vacant-nhh-properties-analysis-for-yorkshire-water-and-business-stream/) - DOWNLOAD: VACANT NHH PROPERTIES OPTIONS FOR REFORM. Economic Insight was commissioned by Yorkshire Water and Business Stream to carry out an independent study on vacant properties in the non-household (NHH) retail market. This project was funded by the Market Improvement Fund, which is overseen by the Strategic Panel and administered by MOSL. Read the full study - [Calculating Interest Losses in Business Claims](https://www.economic-insight.com/2022/10/26/calculating-interest-losses-in-business-claims/) - Christopher Pickard has published an article in the ICLG Competition Litigation Laws and Regulations Journal. He explores four important challenges that may be encountered when quantifying a claimant’s interest losses. The full article can be found here. - [Expert methodology for class actions](https://www.economic-insight.com/2023/02/09/expert-methodology-for-class-actions/) - One of our Associate Directors, Aastha Mantri, has published an article in the ICLG Class and Group Actions Laws and Regulations Journal. She discusses how a plausible and credible methodology for the assessment of aggregate damages has come to be an important criterion for a successful CPO application in the UK. The full article can be found here. - [Getting the house in order](https://www.economic-insight.com/2023/04/04/getting-the-house-in-order/) - DOWNLOAD: GETTING THE HOUSE IN ORDER. Aastha Mantri and Sam Williams have today published an article in The Water Report, setting out our views on the recent House of Lords report on water regulation. At the heart of the report are the issues of balancing future and current needs; underinvestment; and how to best deliver large, complex infrastructure projects. Read the article here - [Economic Insight sponsoring the ‘Advanced EU Competition Law’ conference](https://www.economic-insight.com/2023/04/20/economic-insight-sponsoring-the-advanced-eu-competition-law-conference/) - Economic Insight is proud to be sponsoring the upcoming ‘Advanced EU Competition Law’ conference in London. Economic Insight Associate Director, Aastha Mantri, will be part of the panel discussion on ‘The Big Debate: The Role of Competition Law in 21st Century’ on Wednesday 26th April. She will be joined by Frédéric Jenny, Chairman of the Competition Committee; Ioannis Lianos, President of the Hellenic Competition Commission; and Bitten Thorgaard Sørensen, Head of Competition Law & Policy at A.P. Moller – Maersk. More details about the event can be found here - [Economic Insight co-organises the inaugural Economics All-Stars Cup](https://www.economic-insight.com/2023/04/11/economic-insight-co-organises-the-inaugural-economics-all-stars-cup/) - On Saturday 22 April, Economic Insight will be inflating our footballs and supplying our best talent in the inaugural "Economics All-Stars Cup" (a 16-team football tournament at Powerleague Shoreditch). This tournament has been co-organised with NERA Economic Consulting – with thanks to one of our consultants David Sookias and NERA consultant James Thomas for this. The rate of interest has been high and a wide range of both consultancies and regulators will be competing in the tournament, specifically: AlixPartners, Berkeley Research Group LLC, Charles River Associates, Competition and Markets Authority, Compass Lexecon, Deloitte, DotEcon Ltd, Economic Insight, Financial Conduct Authority, Frontier Economics, Grant Thornton UK LLP, NERA Economic Consulting, PwC UK and RBB Economics. Beyond the competitive fun, the tournament will have a keen charity focus, with players and/or companies encouraged to make a donation to one of a shortlist of charities. Best of luck to all teams involved and may the invisible hand be ever in your favour! - [Designing RSSB’s membership levy in response to inflation](https://www.economic-insight.com/2023/03/27/designing-rssbs-membership-levy-in-response-to-inflation/) - Rail Safety and Standards Board (RSSB) commissioned Economic Insight to conduct a critical review of its approach to determining its member levy for the CP7 period, including advice in relation to adjustments for inflation. The critical review focussed on the workstreams that RSSB had undertaken to determining the member levy. We identified the objectives and best practice related to each of the workstreams, in order to then assess the approach that was implemented by RSSB. In relation to inflation, we assessed various options for how the member levy could be adjusted for inflation over time, including different indexation approaches. We took into consideration the extent to which indexes may align with RSSB’s cost base, along with how transparent and simple different mechanisms would be. - [Solicitors Regulation Authority new approach to financial penalties](https://www.economic-insight.com/2023/03/20/solicitors-regulation-authority-new-approach-to-financial-penalties/) - DOWNLOAD: SRA NEW APPROACH TO FINANCIAL PENALTIES. In February 2023, the Solicitors Regulation Authority (SRA) published details of its new approach to financial penalties, following a second consultation on its financial penalties framework. Given some concerns raised by respondents to the consultation, the SRA returned to Economic Insight for advice on what metric would deliver proportionate and fair outcomes when setting fines for individuals. Download the full report - [Evaluation of Ofgem Final Determinations - Distribution Network Operators](https://www.economic-insight.com/2022/11/30/evaluation-of-ofgem-final-determinations-distribution-network-operators/) - Today, Ofgem published its Final Determinations for the Distribution Network Operators (DNOs). Compared to the regulators position in its Draft Determination, the challenge on costs is reduced, and the WACC is increased. Read our initial review here. - [Evaluation of Ofgem Draft Determinations - Distribution Network Operators](https://www.economic-insight.com/2022/06/29/evaluation-of-ofgem-draft-determinations-distribution-network-operators/) - Today, Ofgem published its Draft Determinations for the Distribution Network Operators (DNOs). Whilst the WACC is up slightly from Ofgem's view in its Sector Specific Methodology, companies face a large totex gap and limited upside potential. Unless this changes in the FDs, we consider it likely that Ofgem will once again be facing multiple companies in the CMA. Read our initial review here. - [The economic impact of Magnox sites on their local economies](https://www.economic-insight.com/2023/03/02/the-economic-impact-of-magnox-sites-on-their-local-economies/) - DOWNLOAD: THE ECONOMIC IMPACT OF MAGNOX SITES. The Nuclear Decommissioning Authority (NDA) commissioned Economic Insight to assess the economic impact of the 12 Magnox sites in the UK on their local economics, updating our previous assessment in 2018. The assessment focused on three areas: (i) current employment, GVA and tax effects; (ii) the reliance of local economies on the Magnox sites; and (iii) socio-economic impacts. Download the full report - [Outcome from the first UK follow-on damages case resulting from the European trucks cartel is published](https://www.economic-insight.com/2023/02/09/outcome-from-the-first-uk-follow-on-damages-case-resulting-from-the-european-trucks-cartel-is-published/) - The Competition Appeal Tribunal (CAT) has this week published its judgment in the DAF Trucks v Royal Mail Group / BT case. This is the first UK follow-on damages case resulting from the European trucks cartel to go to trial; and only the second of any follow-on damages claim to be tried in the UK. The CAT concluded that the Infringement caused loss to both Claimants in the form of the Overcharge and rejected all of DAF’s mitigation defences. Economic Insight were the economic experts on behalf of the Claimants (Royal Mail Group and BT). The full outcome can be found here. - [Wessex Water hire EI for critical review of its Business PlanWessex](https://www.economic-insight.com/2023/01/19/wessex-water-hire-ei-for-critical-review-of-its-business-planwessex/) - As Wessex Water develops its plan for the PR24 water price control, Economic Insight will provide an independent critique of the company’s submission to Ofwat and supporting evidence. We’re delighted to be working with Wessex again, and our appointment reflects our track record in helping companies develop class leading regulatory plans. - [Economic Insight Promotions](https://www.economic-insight.com/2023/01/09/economic-insight-promotions-2/) - We are delighted to announce the following promotions this year: Christopher Pickard has been promoted from Principal to Associate Director. Madeleine Matos has been promoted from Senior Consultant to Principal. Anthony Zhang, Ellie Clutterbuck and Sarah Barker have been promoted from Consultant to Senior Consultant. Natalie Luyt and Thomas Elder have been promoted from Analyst to Consultant. Their promotions recognise the fantastic contributions they have made to Economic Insight through their skills and ambition, and importantly their support for their colleagues and clients. Well done! - [James and Sam listed in Who’s Who Legal’s 2022 Consulting Experts publication](https://www.economic-insight.com/2022/12/22/james-and-sam-listed-in-whos-who-legals-2022-consulting-experts-publication/) - James Harvey and Sam Williams have been listed in Who’s Who Legal’s 2022 Consulting Experts publication as global leaders in competition law economics. Sam said: “we are delighted to be recognised by WWL, which reflects EI’s continued growth and extensive work in competition cases over the last year". - [James and Sam reappointed to the BSB's Advisory Pool of Experts](https://www.economic-insight.com/2022/12/20/james-and-sam-reappointed-to-the-bsbs-advisory-pool-of-experts/) - Economic Insight directors and co-founders, James Harvey and Sam Williams, have been reappointed to the Bar Standards Board’s Advisory Pool of Experts, providing external advice on competition law and regulatory economics. More information can be found here. - [
Economic Insight develops cost-benefit assessments tool for Severn Trent Water](https://www.economic-insight.com/2022/12/05/economic-insight-develops-cost-benefit-assessments-tool-for-severn-trent-water/) - Earlier this year, Economic Insight was commissioned by Severn Trent Water to develop a cost-benefit assessments tool to help with project proposal appraisal. This tool is capable of calculating the monetary value for a number of benefits that may arise as a result of planned projects including, but not limited to: (i) benefits relating to improved biodiversity, water and air quality, and water purification, that can arise where projects result in a change in habitat; (ii) benefits relating to improved water supply and catchment resilience, where projects result in the abstraction of water; and (iii) the wide range of health benefits that result from the removal of lead from pipes. These benefits are evaluated relative to the associated costs of implementing the project, including financial costs, risks and also carbon costs, to produce a range of social metrics, such as the social benefit-cost ratio (BCR), social return on investment (SROI), and net present social value (NPSV) over periods of 25 and 30 years. Importantly, this tool has been developed in line with relevant guidance produced by the Environment Agency (regarding the Water Industry National Environment Programme (WINEP)), Ofwat (regarding its PR24 methodology) and the government (via the Greenbook) and, as a result, is currently being used by Severn Trent to feed directly into its PR24 Business Plan submissions. - [Assessment of the key issues arising from Ofwat’s Retail Exit Code consultation](https://www.economic-insight.com/2022/11/28/assessment-of-the-key-issues-arising-from-ofwats-retail-exit-code-consultation/) - In order to provide an independent assessment of the key issues arising from Ofwat’s REC consultation, Economic Insight was commissioned by MOSL, the market operator for the non-household retail market in England. Our report, which has now been published, set out (i) our overarching observations regarding the proposals under the REC consultation; (ii) a comparison of the NHH costs allowed under Ofwat’s proposals, relative to our prior analysis of actual costs incurred in the business retail market; and (iii) our observations regarding specific elements of Ofwat’s methodology under the REC consultation. In summary, we are concerned that, under Ofwat’s proposals, NHH retailers will not be able to recover efficiently incurred costs (and that this problem may be especially acute for Group One customers) meaning that the scope for NHH retailers to earn sustainable returns will remain limited, as will the scope for competition to develop for smaller customers in the business retail market. View report here - [A cost-quality approach to productivity and PC marginal cost estimates at PR24](https://www.economic-insight.com/2022/09/01/a-cost-quality-approach-to-productivity-and-pc-marginal-cost-estimates-at-pr24/) - Ahead of PR24, Economic Insight has been asked by a consortium of 14 water companies to develop (i) a robust approach for deriving best-practice marginal cost estimates; (ii) a framework for establishing what level of performance (i.e. outcomes) is funded in Ofwat’s cost allowances; and (iii) quality-adjusted measures of productivity. Read More - [Aastha Mantri and Ian Thompson speaking at the Global Class Actions Symposium](https://www.economic-insight.com/2022/11/07/aastha-mantri-and-ian-thompson-speaking-at-the-global-class-actions-symposium/) - Economic Insight’s Associate Directors, Aastha Mantri and Ian Thompson, will be speaking at the upcoming Global Class Actions Symposium in Amsterdam on 17th November on the topics of funding international collective proceedings and competition claims. This event sees the coming together of international class actions specialists for two days of top-level discussion and debate on topics including: - Collective actions against global technology giants. - Will US-style consumer/product liability class actions develop in the EU and UK? - The influence of government intervention and prosecution on class actions. - The impact on class actions of the UN’s recognition of the human right to a clean environment. View event details - [Economic Insight sponsoring the Beesley Lectures](https://www.economic-insight.com/2022/09/26/economic-insight-sponsoring-the-beesley-lectures/) - Economic Insight is proud to be sponsoring the upcoming Beesley Lectures on Wednesday 5th October. We are looking forward to hearing from David Black and Cathryn Ross about their perspectives on ‘PR24 and beyond: is the price review framework fit for purpose?’, which will explore issues such as climate change resilience and affordability of service provision. One of our colleagues, Aastha Mantri, will be chairing the discussion.More details about the lecture can be found here: https://marketforcelive.com/econolex/events/beesley-lecture-series/ - [Sam Williams on PR24 at the Westminster Forum](https://www.economic-insight.com/2022/09/20/sam-williams-on-pr24-at-the-westminster-forum/) - We are looking forward to hearing from Economic Insight co-founder, Sam Williams, at the upcoming Westminster Forum conference at 11:35am on Friday 30th September. Sam is speaking on ‘Market design priorities and responding to the PR24 draft methodology’ and will be discussing business models, affordability and delivering long term value for stakeholders.The conference will be an opportunity for stakeholders to consider the issues alongside key policy officials who are due to attend from Ofwat; BEIS; CCC; Defra; Department for Finance, NI; the DIT; DLUHC; HM Treasury; and the DWI - as well as parliamentary press holders from both Houses of Parliament.Event details here - [Summer Series of Economic Insights 2022](https://www.economic-insight.com/2022/09/08/summer-series-of-economic-insights-2022/) - Have you ever wondered what economists really mean when they talk about perfect competition? Or marginal costs? Or externalities? While at face value these concepts might seem rather opaque, the stories and intuition that behind them are enlightening and very applicable to real world problems. To help bring some of these economic concepts to life, Economic Insight has put together a 10-part series that explores some of the key topics in Economics. Read More - [Class Action against GTR certified by the CAT](https://www.economic-insight.com/2022/07/28/class-action-against-gtr-certified-by-the-cat/) - The Competition Appeal Tribunal (CAT) has allowed Mr Boyle to bring a class action against Govia Thameslink Railway (GTR) for selling tickets that restrict passengers from travelling on all of GTR’s brands. Economic Insight developed the methodology for quantifying the damages on a class-wide basis, which the CAT regarded as “clear and comprehensible” and satisfied the so-called Microsoft requirements. Read the CAT’s decision here - [Report on IRC initiatives research published by BEIS](https://www.economic-insight.com/2022/07/04/report-on-irc-initiatives-research-published-by-beis/) - In July 2021, we were commissioned by the Department for Business, Energy and Industrial Strategy (BEIS) to undertake a research project into the economic impact of International Regulatory Cooperation (IRC) initiatives. We looked into 11 specific initiatives, across a wide range of sectors. Our research was twofold, involving: (i) a literature review; and (ii) interviews with stakeholders connected in different ways to the initiatives. The report has now been published by BEIS and can be accessed here: Read Report - [Increasing Water Efficiency in the NHH water retail market](https://www.economic-insight.com/2022/06/14/increasing-water-efficiency-in-the-nhh-water-retail-market/) - In 2020, the Retailer-Wholesaler Group Water Efficiency Subgroup (RWG WESG) was established to investigate what options might help boost Water Efficiency (WE) in the NHH market. Earlier this year, Economic Insight was commissioned by the RWG WESG, supported by the MOSL Market Improvement Fund through Thames Water to assist with this work. Read More - [Assessing the sustainability of the UK press sector](https://www.economic-insight.com/2022/05/16/assessing-the-sustainability-of-the-uk-press-sector/) - In 2021, Economic Insight was commissioned by the Department for Digital, Culture, Media and Sport (DCMS) to assess the challenges that the UK press sector faces from the increased shift to online media, with both circulation and revenues falling over recent years. Read More - [Economic Insight advises Thames Water on regulatory options for complex projects](https://www.economic-insight.com/2022/04/07/economic-insight-advises-thames-water-on-regulatory-options-for-complex-projects/) - Economic Insight is advising a number of water companies in developing their strategic priorities for engagement with Ofwat in the next price control, PR24. Most recently, we advised Thames Water in examining the case for differential regulatory treatment of large and complex infrastructure projects and identifying practical options for deploying a differential approach. Our report has now been shared on Ofwat’s Future Ideas Lab page. Read More - [Sam Williams on “The Path to Net Zero” at the Utility Week Future Networks Conference](https://www.economic-insight.com/2022/03/14/sam-williams-on-the-path-to-net-zero-at-the-utility-week-future-networks-conference/) - Further to our sponsorship of the upcoming Utility Week Future Networks Conference, we are delighted to announce that Economic Insight co-founder, Sam Williams, will now be giving a talk the event. Sam will be speaking on “The Path to Net Zero” for the utilities sector at 11.30am on 29th March. - [Meta class action claim filed with the Competition Appeal Tribunal](https://www.economic-insight.com/2022/03/01/meta-class-action-claim-filed-with-the-competition-appeal-tribunal/) - A class action claim against Meta, for which we are the economics advisors, has been filed at the Competition Appeal Tribunal (CAT). Please see here for further details. - [Economic Insight sponsoring Utility Week Future Networks Conference](https://www.economic-insight.com/2022/02/21/economic-insight-sponsoring-utility-week-future-networks-conference/) - We are delighted to announce that Economic Insight will be sponsoring the upcoming Utility Week Future Networks Conference. This event sees the coming together of all UK energy networks to discuss the RIIO-2 price control round and the path to Net Zero for UK energy networks. The conference will be held in the Birmingham Conference and Event Centre on 29th March 2022. - [Calculating the Social Return of Investment for Electricity North West](https://www.economic-insight.com/2022/01/31/calculating-the-social-return-of-investment-for-electricity-north-west/) - For the third year in a row, Economic Insight has worked with Electricity North West (ENWL) in support of its Stakeholder Engagement and Consumer Vulnerability (SECV) submission. Our work this year involved modelling case studies relating to projects that have been undertaken across ENWL’s business to calculate the Social Return on Investment (SROI) that they generate. Read More - [Where now for an energy price cap?](https://www.economic-insight.com/2017/06/09/insight-now-energy-price-cap/) - James Harvey discusses how an energy price cap may not provide the expected savings in an article for Utility Week – “Where now for an energy price cap?”. - [Shifting incentives in water resources](https://www.economic-insight.com/2017/06/19/insight-shifting-incentives-water-resources/) - In this article for the Water Report, Chris Pickard and Sam Williams set out the results of the analysis we undertook for Severn Trent Water on Ofwat’s PR19 proposals for water resources. - [Four Practical Issues to Keep (at Least) One Eye on in 2018 – An Economist’s Perspective](https://www.economic-insight.com/2017/09/12/insight-four-practical-issues-keep-least-one-eye-2018-economists-perspective/) - James Harvey discusses four practical competition litigation issues to keep an eye on in 2018 in an article for the International Comparative Legal Guide to: Competition Litigation 2018. - [Analysing the consumer impacts of reactive save](https://www.economic-insight.com/2017/09/25/report-analysing-consumer-impacts-reactive-save/) - Ofcom has published a report by Economic Insight on the consumer welfare effects of potential reforms to the mobile switching process in the UK. - [United Kingdom Overview](https://www.economic-insight.com/2017/09/30/insight-united-kingdom-overview/) - James Harvey, a Director of Economic Insight, provides an overview on key competition economics issues in the UK in an article for the Global Competition Review (GCR). - [Valuing different workplace rewards](https://www.economic-insight.com/2017/10/31/report-valuing-different-workplace-rewards/) - We were commissioned by The Office of Manpower Economics (OME) to review existing literature on different workplace rewards in the public sector, to help understand the relative value to employees, whilst focusing on workforces covered by Pay Review Bodies. - [I Fought the Law (Society) and the Law Won](https://www.economic-insight.com/2017/11/14/insight-fought-law-society-law-won/) - In November 2016, the Competition Appeals Tribunal (CAT) heard the first competition law litigation case to be brought under the new Fast Track Procedure (FTP), as introduced under the Consumer Rights Act 2015. - [Effects of price frames on consumer decision making](https://www.economic-insight.com/2018/01/25/report-price-transparency-conveyancing-market/) - The Solicitors Regulation Authority (SRA) commissioned Economic Insight to undertake an ambitious programme of research on price transparency in the legal services market. - [Transience as a Driver of Household Retail Costs](https://www.economic-insight.com/2018/03/20/report-transience-as-a-driver-of-household-retail-costs/) - Thames Water commissioned Economic Insight to consider the extent to which population transience (transience) – the propensity of people to migrate – drives water companies’ household (HH) retail costs. - [Wile E. Coty](https://www.economic-insight.com/2018/05/22/insight-wile-e-coty/) - James Harvey, one of our Directors, discusses the implications of the Coty judgment for online selective distribution and platform bans from an economics perspective in Wile E. Coty, published by Concurrences. - [Better information in the legal services market](https://www.economic-insight.com/2018/06/14/report-better-information-in-the-legal-services-market/) - The Solicitors Regulation Authority (SRA) and the Legal Ombudsman commissioned Economic Insight to undertake an ambitious programme of research on price transparency in the legal services market. - [The flaws in floors - and in caps](https://www.economic-insight.com/2018/07/10/insight-the-flaws-in-floors-and-in-caps/) - Economic Insight Director, Sam Williams, comments in Utility Week on the possible introduction of floors and caps on returns at RIIO2. Download The flaws in floors - and in caps. - [Economic Impact Assessment of Magnox sites](https://www.economic-insight.com/2018/07/11/report-economic-impact-assessment-of-magnox-sites/) - The Nuclear Decommissioning Authority (NDA) commissioned Economic Insight to undertake an economic impact assessment of the 12 Magnox sites, which are currently being decommissioned. - ['It is vital the output incentives aspect of the RIIO2 framework gives rise to the ‘right’ level of financial risk.'](https://www.economic-insight.com/2018/08/03/insight-it-is-vital-the-output-incentives-aspect-of-the-riio2-framework-gives-rise-to-the-right-level-of-financial-risk/) - Ian Thompson, a Senior Consultant at Economic Insight, comments in Utility Week on risk and output delivery incentives for RIIO-2. - [Initial consultation on future economic regulation of Gatwick Airport Limited](https://www.economic-insight.com/2018/08/30/insight-initial-consultation-on-future-economic-regulation-of-gatwick-airport-limited/) - Economic Insight responded to the Civil Aviation Authority’s initial consultation on its approach to the economic regulation of Gatwick Airport Limited going forward. - [What’s troubling you?](https://www.economic-insight.com/2018/09/21/insight-whats-troubling-you/) - Utility Week’s CEO Insight 2018 report was produced in association with Economic Insight Director, Sam Williams. - [Thou shalt not pass-on](https://www.economic-insight.com/2018/10/08/38130/) - Economic Insight and Bryan Cave Leighton Paisner LLP provided a joint response to the European Commission’s consultation on its draft Guidelines for national courts on how to estimate the share of overcharge which was passed on to indirect purchasers and final consumers. - ['PFI is dead. Long live moral hazard.'](https://www.economic-insight.com/2018/12/19/insight-pfi-is-dead-long-live-moral-hazard/) - Sam Williams, a Director of Economic Insight, comments in The Water Report on the government’s decision to abolish PFI as a means of facilitating infrastructure delivery. - [The Future of Regulation - response to NIC](https://www.economic-insight.com/2019/04/08/insight-response-to-nic-call-for-evidence-the-future-of-regulation/) - Economic Insight responded to “the future of regulation study” call for evidence published by the National Infrastructure Commission. - [To relocate or not to relocate?](https://www.economic-insight.com/2019/09/11/report-drivers-of-firm-relocation-in-the-uk/) - The Department for Business, Energy and Industrial Strategy (BEIS) commissioned Economic Insight to study why firms of different types choose to relocate some or all of their business functions in the modern UK economy. - [Leisure time? Skill shortages in UK hospitality and tourism industry](https://www.economic-insight.com/2019/10/23/report-hospitality-and-tourism-workforce-landscape/) - The Department for Digital, Culture, Media and Sport (DCMS) commissioned Economic Insight to describe the key workforce features and attributes of the Hospitality and Tourism sector. - [Air traffic jam - NATS price control appeal](https://www.economic-insight.com/2020/01/13/reports-nats-price-control-appeal/) - Economic Insight is supporting NATS in relation to its ongoing appeal of the CAA’s RP3 price control to the CMA. Today we have published a range of reports submitted produced by us and submitted to the CMA as part of the proceedings. - [NATS da way I like it](https://www.economic-insight.com/2020/03/25/insight-nats-da-way-i-like-it/) - Today the CMA published its provisional findings relating to the redetermination of NATS’ price control for RP3, Economic Insight advised NATS on its redetermination. - [How to robustly measure COVID-19 deaths?](https://www.economic-insight.com/2020/07/04/report-an-improved-measure-of-covid-deaths/) - Economic Insight has today published a Working Paper setting out a statistical approach to provide a more robust measure of COVID deaths in England and Wales. - [How to robustly measure COVID-19 deaths? A non-technical summary](https://www.economic-insight.com/2020/07/27/insight-non-technical-summary-of-paper-on-covid-deaths/) - Alasdair Crookes has written a short non-technical summary of our report “An Improved Measure of COVID deaths”. - [Fair play? Competition policy and fairness](https://www.economic-insight.com/2020/07/30/insight-competition-policy-and-the-issue-of-fairness/) - Published by the European Competition Law Review, Eleanor Clutterbuck discusses the growing concerns surrounding perceived unfairness across UK markets. Reading Time: 10 minutes - [EC Market Definition Notice - a need for change?](https://www.economic-insight.com/2020/10/09/insight-reflections-on-the-ecs-evaluation-of-its-market-definition-notice/) - Aastha Mantri has shared her reflections on the European Commission's evalution of its Market Definition Notice. Reading Time: 15 minutes - [Water fight - the CMA's provisional findings](https://www.economic-insight.com/2020/10/29/insight-cma-water-provisional-findings/) - Economic Insight has prepared a summary assessment of the CMA’s Provisional Findings in relation to its redetermination of the PR19 price controls for Anglian; Bristol; Northumbrian; and Yorkshire Water. Reading Time: 15 minutes - [Framework for COVID policy impact assessments](https://www.economic-insight.com/2020/11/16/insight-framework-for-covid-policy-impact-assessments/) - Economic Insight has published a paper setting out a proposed framework and approach for evaluating the impact of COVID-19 policies. Reading Time: 25 minutes - [Ofgem’s Final Determinations for transmission companies](https://www.economic-insight.com/2020/12/09/ofgems-final-determinations-for-transmission-companies/) - Ofgem published its Final Determinations for transmission companies yesterday. As discussed further in our initial assessments, the regulator has increased baseline totex allowances and increased the WACC relative to the Draft Determinations. However, there are still significant differences with company Business Plans, and companies will now be seriously considering a CMA appeal. Reading Time: 20 minutes - [Ready to burst? Non-household water retail market study](https://www.economic-insight.com/2021/05/17/report-non-household-water-retail-market-study/) - Economic Insight has conducted a market study of the non-household water retail sector. Our report identifies why sub-optimal outcomes may be arising and makes recommendations as to how the market could be improved.Summary Report Reading Time: 15 minutes - [Ofgem’s Final Determinations for gas distribution companies](https://www.economic-insight.com/2020/12/09/ofgems-final-determinations-for-gas-distribution-companies/) - Yesterday, Ofgem published its Final Determinations for gas distribution companies. As discussed further in our initial assessments, the regulator has increased baseline totex allowances and increased the WACC relative to the Draft Determinations, but there are still significant differences with company Business Plans. Companies will now be seriously considering a CMA appeal. Reading Time: 20 minutes - [Water fight - the CMA's redetermination](https://www.economic-insight.com/2021/04/16/insight-assessment-of-cma-redetermination-of-pr19/) - Economic Insight sets out a summary of the CMA’s redetermination of the PR19 price control for four companies, along with our reflections on the implications for economic regulation. Reading Time: 15 minutes - [Economic Insight advises in competition case against Meta](https://www.economic-insight.com/2022/01/14/economic-insight-advises-in-competition-case-against-meta/) - We are pleased to be advising Dr Liza Lovdahl Gormsen in relation to her class action against Meta on behalf of UK users of Facebook. The claim alleges that Meta has abused its dominant position to impose unfair terms and conditions on UK users of Facebook between October 2015 and December 2019. We are working with the legal teams of Quinn Emanuel and Monckton Chambers. Please see here for further details: https://www.bbc.co.uk/news/technology-59964654 And here: 44 Million Facebook Users May Be Owed Billion (facebookclaim.co.uk) - [Beesley Lectures](https://www.economic-insight.com/2021/12/06/beesley-lectures/) - We look forward to hearing from one of our Principals, Ian Thompson, at the Beesley Lectures on Thursday 9th December. He will be discussing the appeals process for the UK’s regulated sectors. - [ED2 Business Plan support](https://www.economic-insight.com/2021/12/20/ed2-business-plan-support/) - Economic Insight has worked with Electricity North West (ENWL) to support with its measurement of SROI for its ED2 Business Plan proposals. This project involved a comprehensive assessment of the social value of 35 of the 47 ED2 deliverables that were proposed in the Business Plan. To develop our modelling approach for this, we undertook a systematic review of the national framework then made the methodological adjustments that were necessary to bring the modelling work we had previously conducted for SECV submissions in line with the framework. In addition to this, we performed a Quality Assessment for ENWL, which confirmed that only social benefits generated by ENWL’s actions were included in the forecasts. This comprised of a sense check of ENWL’s activity tracking estimates, and a review of the assumptions that they made to ensure that the assumptions were both plausible and realistic. - [Economic Insight Promotions](https://www.economic-insight.com/2022/01/04/economic-insight-promotions/) - We are delighted to announce the following promotions this year, including the first Associate Directors at Economic Insight: David Sookias has been promoted from Analyst to Consultant. Penelope Banks has been promoted from Consultant to Senior Consultant. Aastha Mantri and Ian Thompson have been promoted from Principal to Associate Director.Their promotions recognise the fantastic contributions they have made to Economic Insight through their skills and ambition, and importantly their support for their colleagues and clients.Well done! - [Sam Williams appointed to CMA cost of capital panel](https://www.economic-insight.com/2021/12/15/sam-williams-appointed-to-cma-cost-of-capital-panel/) - Economic Insight co-founder, Sam Williams, has been appointed to the CMA’s ‘cost of capital expert panel’. The panel’s role is to provide the CMA with specialist technical advice in relation to the estimation of the weighted average cost of capital (WACC). The authority often has to reach a view on the WACC in relation price control redeterminations / appeals; and in relation to certain competition law related matters and merger clearance processes. Economic Insight is delighted by Sam’s appointment to the panel – which reflects Sam’s extensive work in this area throughout his 20 year career, including working on numerous cases before the CMA. - [We are delighted to welcome William Ward to Economic Insight.](https://www.economic-insight.com/2021/11/01/we-are-delighted-to-welcome-william-ward-to-economic-insight/) - Will holds a BSc in Economics from the University of Warwick (First Class Honours) and a MPhil in Economics from the University of Cambridge (Distinction). He has previously worked for an IP Strategy Consultancy, where he gained valuable experience in business strategy. - [Westminster Energy, Environment and Transport Forum](https://www.economic-insight.com/2021/11/01/westminster-energy-environment-and-transport-forum/) - We look forward to hearing from one of our consultants, Penelope Banks, at the Westminster Energy, Environment and Transport Forum on Wednesday 3rd November. She will be discussing energy code reform in the UK and modernising system governance. - [Global Class Actions Symposium 2021](https://www.economic-insight.com/2021/10/25/global-class-actions-symposium-2021-2/) - We look forward to hearing from one of our Principals, Aastha Mantri, at the Global Class Actions Symposium on Tuesday 16th November. She will be discussing the funding of international collective proceedings. - [Crystal Balls and Black Boxes: Assessing Pass-on in Competition Litigation Cases](https://www.economic-insight.com/2021/10/13/crystal-balls-and-black-boxes-assessing-pass-on-in-competition-litigation-cases/) - Two of our colleagues, Sarah Barker and James Harvey, have written an article on the assessment of pass-on in competition litigation cases. This article was published in the ICLG - Competition Litigation 2022. - [Economic Insight undertaking two Affinity Water projects](https://www.economic-insight.com/2021/09/27/economic-insight-undertaking-two-affinity-water-projects/) - Affinity Water has commissioned Economic Insight to support it develop its thinking around various aspects of the next price control. This includes areas such as: the assessment of base costs and performance commitments, and the connection between the two; risk analysis; and ensuring affordability for customers. - [Economic Insight recommissioned by ENWL](https://www.economic-insight.com/2021/09/20/economic-insight-recommissioned-by-enwl/) - We are pleased to announce that Economic Insight has been recommissioned by Electricity North West to undertake further updates to the benefits tracker that we previously developed for it. We will assist with measuring the social value of both its RIIO-ED2 Business Plan targets and SECV 2022 activities. - [The economics of mitigation by cost reduction](https://www.economic-insight.com/2021/02/15/the-economics-of-mitigation-by-cost-reduction/) - Two of our consultants, Sarah Barker and Marie Theres Kraihammer, have written an article on the economics of mitigation by means of cost reduction. They find that analysis that explores cost mitigation may point to misleading conclusions if it is not based on economic theory. Therefore, competition authorities should give careful consideration to the economics underpinning this form of mitigation. Read Article - [Happy birthday EI!](https://www.economic-insight.com/2021/07/26/happy-birthday-ei/) - This July Economic Insight turned 10 years old! We are extremely proud and happy to have reached this milestone. - [Could GIFs come to dominate display advertising?](https://www.economic-insight.com/2021/05/24/24-05-2021-could-gifs-come-to-dominate-display-advertising-the-future-of-merger-enforcement-in-digital-markets/) - One of our consultants, Kyran Stewart, has shared his reflections on the CMA's Phase 1 investigation into Facebook's acquisition of GIPHY in light of the CMA's updated merger assessment guidelines which place a large emphasis on digital markets. View Article - [CMA to examine Apple and Google mobile ecosystems](https://www.economic-insight.com/2021/06/21/cma-to-examine-apple-and-google-mobile-ecosystems/) - One of our consultants, Sarah Barker, has shared her insights on the CMA's upcoming market study into Apple’s and Google’s mobile ecosystems. View Article - [Economic Insight provided PR24 support to Yorkshire Water](https://www.economic-insight.com/2021/08/09/economic-insight-provided-pr24-support-to-yorkshire-water/) - Economic Insight supported Yorkshire Water in its response to Ofwat’s PR24 methodology consultation; and undertook a review of CEPA’s report on the allocation of risk. - [Westminster Energy, Environment & Transport Forum](https://www.economic-insight.com/2021/07/19/westminster-energy-environment-transport-forum/) - We look forward to hearing from one of our Principals, Ian Thompson, at the Westminster Energy, Environment & Transport Forum on Wednesday 8th September 2021. He will be discussing next steps for England's water market and working towards PR24. - [Tying the knot: decision by the Competition Commission of India on WhatsApp’s alleged abuse of a dominant position](https://www.economic-insight.com/2020/10/15/tying-the-knot-decision-by-the-competition-commission-of-india-on-whatsapps-alleged-abuse-of-a-dominant-position/) - Our colleague, Sarah Barker, has shared her reflections on the Competition Commission of India's recent decision to dismiss a case that accused WhatsApp of abusing its dominant position by 'tying' WhatsApp Pay to its messaging application. Please click here to read. - [Market study of the Non Household Water Retail Market](https://www.economic-insight.com/2020/12/02/market-study-of-the-non-household-water-retail-market/) - Economic Insight is developing a market study of the Non Household Water Retail Market on behalf of the UK Water Retailer Council. This will help inform how the wider approach to the NHH retail market might be reformed, in order to help achieve better outcomes for all stakeholders. - [Economic Insight sponsoring the Energy Ireland 2020 Conference](https://www.economic-insight.com/2020/09/16/16-09-20-economic-insight-sponsoring-the-energy-ireland-2020/) - We are delighted to be sponsoring the Energy Ireland 2020 online conference being held 7-9 October. One of our Principals, Ian Thompson, will be sharing his views on how to balance low-carbon and low-cost objectives. - [Thomas Elder joins Economic Insight](https://www.economic-insight.com/2020/09/21/21-03-2020-thomas-elder-joins-economic-insight/) - We are delighted to welcome Thomas Elder to Economic Insight. Prior to joining us, Tom completed his BSc in Economics at the University of Warwick, his degree had a particular focus on microeconomics and industrial strategy. He gained a wide range of internship experience, including at the Bank of England and in equity research. - [Pie, mash and mitigation in overcharge cases](https://www.economic-insight.com/2020/09/10/pie-mash-and-mitigation-in-overcharge-cases/) - James Harvey, one of our Directors, has shared some of his insights on the mitigation of loss in overcharge cases using a tasty example. Please click here to read. - [Presentation to AZB & Partners on economic concepts](https://www.economic-insight.com/2020/09/28/presentation-to-azb-partners-on-economic-concepts/) - We would like to thank AZB & Partners for inviting our colleagues Penelope Banks and Sarah Barker to present to their team last Friday. In the session, we introduced basic economic concepts, including monetary and fiscal policy, and had an engaging discussion about these in the context of the Indian economy. We would particularly like to thank Bahram Vakil, Rajendra Barot and Bhavi Sanghvi for their interesting insights, as well as Ishani Dash for organising the session. - [Benefits tracker for ENWL](https://www.economic-insight.com/2020/11/05/benefits-tracker-for-enwl/) - Earlier this year, we supported ENWL in developing a tool to measure the Social Return on Investment of its Stakeholder Engagement and Consumer Vulnerability (SECV) strategies. As part of this, we developed an easy-to-use Excel model which uses financial proxies to estimate the value to society of their various projects. This approach helped them go beyond outputs measurement and Willingness to Pay estimation techniques. We are pleased to see the company’s ranking improve from 12th to 8th in this year’s SECV evaluation, and to be working with them again on this year’s submissions. - [Aastha Mantri to speak at Vertical Restraints and Distribution Virtual Conference](https://www.economic-insight.com/2020/09/18/aastha-mantri-to-speak-at-vertical-restraints-and-distribution-virtual-conference/) - We look forward to hearing from Aastha Mantri, one of our senior consultants, at the Vertical Restraints and Distribution Virtual Conference, taking place on 24th September. She will be sharing her insights on whether platforms are sellers or agents, and the importance of market definition. - [Beesley Lecture sponsorship](https://www.economic-insight.com/2020/11/23/beesley-lecture-sponsorship/) - We are delighted to be sponsoring Lecture Four of the Beesley Lecture Series 2020 on Thursday 26th November, which will be chaired by one of our Principals, Ian Thompson. The lecture will begin at 16:00 and will be looking into "Lessons from COVID-19 in protecting consumers and supporting the Net Zero transition". - [Impact of COVID-19 on Heathrow](https://www.economic-insight.com/2021/02/10/impact-of-covid-19-on-heathrow/) - Our regulation experts, led by director Sam Williams, recently assisted Heathrow Airport Limited (HAL) in the Civil Aviation Authority’s (CAA’s) consideration of the strategic response to the impact of COVID-19 on the regulated airport. - [Plausible defence? CAT’s ruling on mitigation by cost reduction](https://www.economic-insight.com/2021/05/19/plausible-defence-cats-ruling-on-mitigation-by-cost-reduction/) - Last week, the Competition Appeal Tribunal (CAT) dismissed DAF’s application to run a “mitigation by costs reduction” defence in the context of Royal Mail's and BT’s damages claims against it. Royal Mail and BT both claim that they were charged too much for the trucks they purchased from DAF between 1997 and 2011 as a consequence of the trucks cartel. DAF sought to argue that Royal Mail and BT may have mitigated any overcharge by paying less for other inputs. Amongst other things, the CAT concluded that DAF did not have “a sufficiently arguable case – with realistic prospects of success”. Economic Insight is advising Royal Mail and BT in relation to their claims and provided evidence to the CAT on this issue. The CAT's ruling on mitigation can be found here: https://lnkd.in/dvkGnNX Details of the European Commission's decision on the trucks cartel can be found here: https://lnkd.in/dPt5vXE - [Northern Ireland Water – PC21 final determination](https://www.economic-insight.com/2021/05/21/northern-ireland-water-pc21-final-determination/) - Last week, the Utility Regulator (UR) published its Final Determination for Northern Ireland Water’s (NIW) latest price control (PC21). Amongst other things, the UR found that NIW’s relative efficiency had improved in recent years and so set it a smaller efficiency challenge than it had in previous price controls. Economic Insight advised NIW throughout the price control process. Our work involved both engaging with the UR and its consultants on all issues relating to the measurement of relative efficiency and also developing suitable econometric models for benchmarking NIW’s costs. - [Global Class Actions Symposium 2021](https://www.economic-insight.com/2021/09/13/global-class-actions-symposium-2021/) - We are pleased to announce that we are one of the sponsors of the Global Class Actions Symposium 2021 which is being held on 16th-17th November 2021. - [New collective and class actions practice](https://www.economic-insight.com/2020/07/12/new-collective-and-class-actions-practice/) - Economic Insight is delighted to announce the official launch of its “collective and class actions” practice. https://lnkd.in/dxcsM7T - [Future of Utilities Summit](https://www.economic-insight.com/2021/09/06/future-of-utilities-summit/) - We look forward to hearing from our of one Directors, Sam Williams, on Wednesday 15th September at the Future of Utilities Summit. He will be discussing the regulatory conditions needed to help boost innovation in the water sector. - [Interest(ing): Compound interest and compound inflation in Merricks v Mastercard](https://www.economic-insight.com/2021/08/23/interesting-compound-interest-and-compound-inflation-in-merricks-v-mastercard/) - One of our Directors, James Harvey, has shared his insights on the Competition Appeals Tribunal’s (CAT) certification of the claim brought by Mr Merricks against Mastercard, the first-ever antitrust class action in the UK. His article explores the CAT’s decision to not allow the claim to include compound interest, which reduces the potential claim from £16 billion to £13.8 billion – a reduction of around £48 for each of the 46 million people in the class. - [Impact assessment of International Regulatory Cooperation initiatives](https://www.economic-insight.com/2021/08/16/impact-assessment-of-international-regulatory-cooperation-initiatives/) - Economic Insight has been commissioned by the Department for Business, Energy and Industrial Strategy (BEIS) to assess the impacts of International Regulatory Cooperation (IRC) initiatives. We will be reviewing the existing literature and talking to a range of stakeholders involved with the initiatives. - [Economic experts in novel class action case](https://www.economic-insight.com/2021/08/02/economic-experts-in-novel-class-action-case/) - The Competition Appeal Tribunal (the CAT) last week published a summary of collective proceedings claim form in a novel class action case against Govia Thameslink Railway (GTR). We are the economic experts advising on this case. Further details can be found on the CAT’s website here - [Experimenting on consumers](https://www.economic-insight.com/2016/12/20/insight-experimenting-consumers/) - Published by The European Competition Law Review, Madeleine Matos and James Harvey explore how different types of social information can influence consumer behaviour, using a lab-based economic experiment. - [Press sector financial sustainability - DCMS](https://www.economic-insight.com/2021/02/01/01-02-2021-dcms-uk-press-sector-financial-sustainability/) - Economic Insight has been commissioned by the Department for Digital, Culture, Media and Sport to carry out a mixed method research project to better understand the financial sustainability of the UK press sector. DCMS leads on media policy within the UK, which includes supporting a sustainable and world-leading press sector (including national, regional and local news, both in print and online). Our primary and secondary research will help inform policy in this area and enrich the evidence base. - [Economic Services Panel of the Hong Kong Competition Commission](https://www.economic-insight.com/2021/01/21/21-01-2021-hong-kong-competition-commission/) - We are pleased to announce that Economic Insight has been appointed to the Economic Services Panel of the Hong Kong Competition Commission. We look forward to working with the Commission on future competition-related issues. - [Way forward in the insurance market - Westminster Business Forum](https://www.economic-insight.com/2021/02/04/04-02-2021-westminster-business-forum/) - We are delighted to announce that one of our Senior Consultants, Madeleine Matos, will be speaking at the Westminster Business Forum on Wednesday 10th February 2021. She will be discussing the way forward in the insurance market following the recent FCA proposals. - [Drivers of flooding incidents - Severn Trent Water](https://www.economic-insight.com/2021/03/29/29-03-2021-severn-trent-water/) - Economic Insight has been commissioned by Severn Trent Water to carry out a research project to better understand the drivers of flooding incidents. Economic Insight will complement Severn Trent Water’s own internal bottom-up hydraulic modelling with a top-down econometric analysis, modelling flooding incidents against a number of variables including rainfall, river levels, and the placement - [RIIO-ED2 business plan - SP Energy Networks](https://www.economic-insight.com/2021/04/06/06-04-2021-sp-energy-networks-riio-ed2-business-plan/) - Economic Insight has been commissioned by SP Energy Networks to help develop Output Delivery Incentives for its RIIO-ED2 business plan. As a key part of the RIIO framework, these mechanisms will incentivise companies to deliver what really matters for customers. - [Sponsorship - Westminster Business Forum](https://www.economic-insight.com/2021/05/05/05-05-2021-westminster-business-forum-sponsorship/) - We are delighted to announce that Economic Insight will be sponsoring the upcoming Westminster Business Forum. - [Effect of COVID-19 on ODIs - South East Water](https://www.economic-insight.com/2021/05/11/11-05-2021-south-east-water/) - Economic Insight is supporting South East Water in relation to the effect of Covid-19 on one of its outcome delivery incentives (ODIs). - [Weird science](https://www.economic-insight.com/2013/09/02/weird-science/) - This Insight discusses how controlled pricing experiments can help answer these questions and help increase sales and profits. - [Feeling the squeeze](https://www.economic-insight.com/2013/09/02/feeling-the-squeeze/) - A margin squeeze test that is poorly designed, implemented or interpreted can stunt competition, contrary to its objective. - [I love it when a plan comes together- Hannibal Smith](https://www.economic-insight.com/2013/09/02/love-plan-comes-together-hannibal-smith/) - With the publication of Ofwat’s final methodology, the next milestone is the submission of water company business plans. What does the emphasis on “company owned” plans really mean? - [Retail value at the margin](https://www.economic-insight.com/2013/09/02/retail-value-margin/) - The value of water retail markets is small when compared to the totality of company RCV’s, optimising retail pricing and margins has the potential to enhance shareholder value. - [Streamlining appeals](https://www.economic-insight.com/2013/11/04/streamlining-appeals/) - Hutchison Three hired Economic Insight to undertake an analysis of the impact of making changes to the regulatory and competition law appeals framework in the UK. - [Estimating the cost of capital for the license fee](https://www.economic-insight.com/2014/02/07/estimating-cost-capital-license-fee/) - We undertake an analysis of the appropriate parameters to use in estimating a weighted average cost of capital for Ofcom's proposed license fee for 900 and 1800MHz spectrum. - [The need for adjustments in the annual license fee 900 and 1800MHz spectrum](https://www.economic-insight.com/2014/02/07/need-adjustments-annual-license-fee/) - We advised Hutchison Three UK whether Ofcom's proposed license fee for 900 and 1800 MHz spectrum should be adjusted to reflect differing taxation treatments. - [Market models for tax-free childcare vouchers](https://www.economic-insight.com/2014/03/18/market-models-tax-free-childcare-vouchers/) - HM Treasury hired Economic Insight to evaluate the likely pros and cons of alternative market designs in relation to the provision of tax-free childcare vouchers. - [Competitive advantage in UK universities](https://www.economic-insight.com/2014/04/03/competitive-advantage-uk-universities/) - The Department for Business, Innovation and Skills hired Economic Insight to uncover the drivers of competitive advantage in UK universities. - [Gas to the West Pipeline - Northern Ireland](https://www.economic-insight.com/2014/04/30/gas-west-pipeline-northern-ireland/) - We develop a methodology for assessing bids for the proposed Gas to the West Pipeline for The Northern Ireland Authority for Utility Regulation. - [Solicitors' Regulation Authority Compensation Fund Review](https://www.economic-insight.com/2014/05/07/solicitors-regulation-authority-compensation-fund-review/) - We examine compensation fund claims data for The Solicitors' Regulation Authority (SRA) to determine what factors impact the likelihood of claims. - [Enhancing The Bottom Line](https://www.economic-insight.com/2014/06/05/enhancing-bottom-line/) - Were Affinity and South West Water right to accept Ofwat's offer of 'enhanced status' for their PR14 Business Plans, we crunch the numbers. - [When to pop the question](https://www.economic-insight.com/2014/06/05/when-to-pop-the-question/) - Survey findings can often form valuable pieces of evidence in competition law cases, we consider the lessons that can be learnt from behavioural economics. - [Turn That Frown Upside Down](https://www.economic-insight.com/2014/06/05/turn-frown-upside/) - We suggest that firms view complaints as a means of gathering valuable customer insights - and that investing in good complaints handling can improve profitability. - [Applying CPI inflation to set the license fee for 3G spectrum](https://www.economic-insight.com/2014/06/10/applying-cpi-inflation-set-license-fee-3g-spectrum/) - Hutchison Three UK hired Economic Insight to support its consultation response to Ofcom regarding the appropriate inflation measure to use in setting the annual license fees for 3G spectrum. - [Better the devil you know](https://www.economic-insight.com/2015/01/30/better-devil-know-2/) - The recent Ebola outbreak in West Africa has sadly claimed many lives, we explore how framing of known and unknown risks shapes individual choice and policy. - [Experimental economics - scattergun or science?](https://www.economic-insight.com/2015/01/30/experimental-economics-scattergun-science/) - Competition authorities are increasingly using experimental economics to help identify market problems we highlight some of the key issues in their use. - [Market design for Tax-Free Childcare voucher accounts](https://www.economic-insight.com/2015/01/30/market-design-tax-free-childcare-voucher-accounts/) - We advised HM Treasury on the issue of whether it should deliver the voucher accounts service using its in-house team, exploring the advantages and disadvantages of different options - [The rocky road to competition](https://www.economic-insight.com/2015/03/03/rocky-road-competition/) - James Harvey discusses how regulatory safeguards designed to protect consumers while competition is introduced could have the opposite effect. - [Carry on collaborating](https://www.economic-insight.com/2015/06/05/carry-collaborating-2/) - How can Government and its agencies work out whether the science & innovation campuses have been successful and how much to invest in them? - [Challenging productivity](https://www.economic-insight.com/2015/06/05/challenging-productivity/) - Analysing the variation in productivity growth between different sectors of the UK labour productivity statistics could provide the answer to unlocking productivity growth in the UK. - [Retail HH input price pressure and benchmarking analysis](https://www.economic-insight.com/2015/06/05/retail-hh-input-price-pressure-benchmarking-analysis/) - We set out our analytical framework used in the assessment of water companies case for allowing input price pressure within their Retail Business Plans. - [Overcoming customer inertia in water retail](https://www.economic-insight.com/2015/07/02/overcoming-customer-inertia-water-retail/) - Sam Williams gave a speech at the Marketforce conference on water reform as to how market participants could overcome customer inertia in water retail. - [Relationship between public and private funding of R&D](https://www.economic-insight.com/2015/07/16/relationship-public-private-funding-rd/) - The Department for Business, Innovation and Skills commissioned Economic Insight to examine the relationship between public and private investment in research and development (R&D). - [The CMA should not cap energy prices](https://www.economic-insight.com/2015/10/26/cma-not-cap-energy-prices/) - In the first of our latest batch of Insights we argue that the CMA should not pursue energy price caps at this time. - [How to encourage private investment in R&D](https://www.economic-insight.com/2015/10/26/encourage-private-investment-rd/) - In our second Insight piece for BIS we focus on how much private investment is caused by public investment in research and development. - [Price frames effect on consumer decision making](https://www.economic-insight.com/2015/10/26/price-frames-effect-consumer-decision-making/) - The way prices are presented as well as their levels, can affect competition and consumer welfare, we used a recent super-complaint by Which? to investigate. - [Returns in the UK mobile sector](https://www.economic-insight.com/2015/11/02/returns-uk-mobile-sector/) - An analysis of returns in the UK mobile telecoms sector in the context of Ofcom’s Strategic Review of Digital Communications (DCR). - [Implications of competition in retail energy markets for the water sector](https://www.economic-insight.com/2016/02/12/implications-competition-retail-energy-markets-water-sector/) - A review of competition investigations in the energy sector in order to draw out the implications for the likely development of retail markets in water for household customers. - [Potential form of price control for household water retail](https://www.economic-insight.com/2016/02/24/potential-form-price-control-household-water-retail/) - Severn Trent asked Economic Insight to provide analysis to help inform the debate on the appropriate form of any price control for the household water retail market. - [Price frames, consumer decision making & consumer harm](https://www.economic-insight.com/2016/04/25/price-frames-consumer-decision-making-consumer-harm/) - Madeleine Matos assesses how the way prices are presented, so called price frames, as well as their levels can affect competition and consumer welfare. - [New markets: short term costs and long term gains](https://www.economic-insight.com/2016/06/17/report-new-markets-short-term-costs-long-term-gains/) - The Water Report has published an article by Sam Williams “New markets: short term costs and long term gains” discussing how the nature of costs incurred in liberalised markets can differ from those in regulated monopoly markets. - [If at first you don't succeed...](https://www.economic-insight.com/2016/06/07/report-first-dont-succeed/) - Utility Week has published an article by James Harvey 'If at first you don’t succeed'. The article discusses the use of experiments in order to develop better customer engagement in regulated markets. - [Unregulated legal service providers – Understanding supply-side characteristics](https://www.economic-insight.com/2016/06/28/report-unregulated-legal-service-providers-understanding-supply-side-characteristics/) - The Legal Services Board (LSB) asked Economic Insight to analyse the supply-side characteristics of unregulated providers in the wills and estate administration, divorce and intellectual property areas. - [Cross-Sector Review of Outcomes Frameworks](https://www.economic-insight.com/2016/07/01/report-c/) - The Office of Rail and Road asked Economic Insight to undertake a cross-sector review of existing outcomes frameworks to inform early work for its Road Investment Strategy 2. - [Testing the waters](https://www.economic-insight.com/2016/07/22/insight-testing-waters/) - James Harvey discusses how conducting experiments can be a useful technique for companies to find out what services their customers want and what they are willing to pay for them in an article for Utility Week - Testing the waters. - [The placebo effect – experimenting on consumers](https://www.economic-insight.com/2016/08/01/insight-placebo-effect-experimenting-consumers/) - It is well established that “social information” is now an important input in purchasing decisions, maybe even more so that the one provided by suppliers or experts themselves. - [Ready, steady, go – what makes a good outcome?](https://www.economic-insight.com/2016/08/01/insight-ready-steady-go-makes-good-outcome/) - The Office of Rail and Road (ORR) commissioned Economic Insight to undertake a cross-sector comparison of outcomes frameworks to inform the approach that Highways Monitor should take. - [Unregulated legal services – good or bad?](https://www.economic-insight.com/2016/08/01/insight-unregulated-services-good-bad/) - Based on research that we have recently conducted for the Legal Services Board, the third in our latest batch of Insights: Unregulated legal services – good or bad? - [Options for household retail cost assessment at PR19](https://www.economic-insight.com/2016/11/09/report-options-household-retail-cost-assessment-pr19/) - Northumbrian Water and United Utilities asked Economic Insight to consider options for the assessment of household retail costs at PR19. - [Outcomes Framework at PR19](https://www.economic-insight.com/2016/11/23/report-outcomes-framework-pr19/) - Thames Water commissioned Economic Insight to assess key issues that must be addressed in order to determine an appropriate approach to outcomes at PR19. - [Demand Utilisation Risk in Water Resources](https://www.economic-insight.com/2016/11/24/report-demand-utilisation-risk-water-resources/) - Southern Water commissioned Economic Insight to consider the implications of Ofwat’s proposal to allocate demand risk to companies in relation to water resources. - [Future Customer Service Incentive for Water](https://www.economic-insight.com/2016/11/29/report-future-customer-service-incentive-water/) - Ofwat commissioned Economic Insight to consider how to provide water companies with incentives to improve their customer service levels, written in association with Caroline Thompson Associates. - [Household retail input price inflation at PR19](https://www.economic-insight.com/2017/01/19/report-household-retail-input-price-inflation-pr19/) - This report sets out a framework for considering input price inflation in HH retail that is consistent with Ofwat’s primary duties and its stated principles for setting price controls. - [Defra Commission](https://www.economic-insight.com/2011/12/31/defra-commission/) - Defra has asked Economic Insight to develop a study on the risks of regulatory failure to support its wider policy reform agenda. - [SRA Consultation](https://www.economic-insight.com/2012/07/31/sra-consultation/) - The Solicitors Regulation Authority (SRA) has launched a consultation regarding the process by which law firms refer clients to financial advisers. Economic Insight advised the SRA on the potential costs and benefits of a range of options for amending the current regulatory approach. - [Hutchison Three UK Commission](https://www.economic-insight.com/2011/09/30/hutchison-three-uk-commission/) - Economic Insight has been commissioned by Hutchison Three UK to provide strategy and profitability advice. - [EI Connect](https://www.economic-insight.com/2014/05/30/ei-connect/) - We are delighted to announce the launch of EI Connect,our new bespoke online survey platform. With EI Connect we can gather primary customer research evidence to help us add even more value to the advice we provide. By having our own survey platform, we retain control of every element of survey design and implementation, so that each one - [Pharmaceuticals](https://www.economic-insight.com/2013/05/30/pharmaceuticals-acquisition/) - Economic Insight is advising a large manufacturer of generic pharmaceuticals in relation to a claim for damages caused by a delay to market entry, which is to be heard at the High Court. - [NIAUR Conclusions](https://www.economic-insight.com/2014/04/30/niaur-conclusions/) - The Northern Ireland Authority for Utility Regulation (NIAUR) has today published its conclusions regarding the methodology for comparing bids for operating the new Gas to the West Pipeline in Northern Ireland. Economic Insight provided expert advice to Mutual Energy regarding the appropriate way to adjust the cost of capital so that bids under 'revenue cap' and - [Royal Mail Group](https://www.economic-insight.com/2012/03/27/royal-mail-group/) - Ofcom announces the substantial deregulation of Royal Mail Group. Ofcom today published its decision regarding the future regulation of Royal Mail Group, which included the removal of formal ex-ante price controls. Economic Insight advised Royal Mail Group on key aspects of its regulatory strategy. - [Monitor Commission](https://www.economic-insight.com/2011/09/26/monitor-commission/) - Monitor (the health regulator) has appointed Economic Insight to provide advice on the competition policy aspects of healthcare regulation. - [Financeaiblity](https://www.economic-insight.com/2014/02/25/financeaiblity/) - Southern Water has appointed Economic Insight to provide expert advice on financeaiblity, following Ofwat's publication of its guidelines on risk and reward. The regulator is currently reviewing the Business Plans submitted by the water and sewerage companies and will announce in March those companies whose plans are considered to be of sufficiently high quality to have - [Royal Mail Group Commission](https://www.economic-insight.com/2012/11/23/royal-mail-group-commission/) - Economic Insight has been instructed by Royal Mail Group to provide strategic advice on the economic issues raised by various competition policy matters. - [Solicitors' Regulation Authority](https://www.economic-insight.com/2013/07/22/solicitors-regulation-authority/) - The Solicitors' Regulation Authority (SRA) has hired Economic Insight to provide advice and analysis relating to the future design of its compensation fund; and to support its response to the Ministry of Justice's review of legal services regulation. - [SRA Consultation](https://www.economic-insight.com/2012/05/22/sra-consultation-2/) - The Solicitors Regulation Authority (SRA) has published a consultation on the reform of the regulation of the financial activities undertaken by authorised professional law firms. Economic Insight was hired by the SRA to provide a cost-benefit analysis of the reform options, which has been published alongside the consultation. - [3G spectrum licensee fee.](https://www.economic-insight.com/2014/04/22/3g-spectrum-licensee-fee/) - Analysis by Economic Insight persuades Ofcom to consider CPI measure for 3G spectrum licensee fee. Ofcom is currently considering the most appropriate approach for setting the licensee fee it will charge mobile network operators for use of 3G spectrum. A key component of this licensee fee is the assumed cost inflation measure. Whilst Ofcom had previously stated - [Mike Brown](https://www.economic-insight.com/2013/01/21/mike-brown/) - Economic Insight expands. Economic Insight today announces the appointment of Mike Brown, Dr Andrew Mell and Daniel Storey as associates. In addition, the firm has relocated to 88 Wood Street as part of a staged expansion strategy - [Hutchison Three UK](https://www.economic-insight.com/2014/05/20/hutchison-three-uk/) - Hutchison Three UK has hired Economic Insight to assist in preparing its response to Ofcom's consultation regarding the appropriate inflation measure and methodology to apply when setting license fees for 3G spectrum. - [Institute for European Studies of the Facultés](https://www.economic-insight.com/2012/04/19/institute-european-studies-facultes/) - Economic Insight director James Harvey gives a lecture on the application of EU competition law and economics to global transactions at the Institute for European Studies of the Facultés universitaires Saint-Louis - [Thames Water Retail Business Plan](https://www.economic-insight.com/2013/09/18/thames-water-retail-business-plan/) - Economic Insight advises Thames Water on Retail Business Plan. Thames Water has hired Economic Insight to provide a review of its non-household retial business plan for PR14, and to provide commercial advice relating to its retail market strategy. - [Tax-free Childcare Policy](https://www.economic-insight.com/2014/03/18/tax-free-childcare-policy/) - HM Treasury has today published its consultation response regarding the coalition Government's flagship tax-free childcare policy. Economic Insight were the economic advisers to the Treasury on this matter and our report, which assesses alternative market models for providing childcare vouchers, has also been published by the Treasury alongside its consultation response. - [Ofwat Finance Advise](https://www.economic-insight.com/2013/02/18/ofwat-finance-advise/) - Economic Insight has been hired to advise Ofwat on financeability, the cost of capital and risk in relation to PR14. - [Thames Water Commission](https://www.economic-insight.com/2012/12/17/thames-water-commission/) - Economic Insight has been commissioned by Thames Water to develop a model to support financial planning within the company's retail business. - [London 2012](https://www.economic-insight.com/2012/08/15/london-2012/) - Economic Insight has developed a model that allows us to assess the number of medals won by each country at London 2012 against an ‘expected Olympic performance’ benchmark, which takes into account factors that would influence performance, including: GDP, population size, historic results and number of athletes. Our analysis shows that Team GB out-performed by 14 - [Energy Commission](https://www.economic-insight.com/2012/09/14/energy-commission/) - Economic Insight is advising a client in the energy sector in relation to an abuse of dominance allegation made by a rival. Our advice covers market definition and the potential competitive effects of our client's wholesale pricing terms. - [The Rough Guide to Economics](https://www.economic-insight.com/2014/03/14/rough-guide-economics/) - Economic Insight Associate, Dr Andrew Mell of Corpus Christi College - Oxford, has today published The Rough Guide to Economics. The book examines the financial crisis of 2007 and 2008 and its resulting global problems and explores economics right from its foundations to the present day. Dr Mell's book is available in all good bookstores, including Amazon and Waterstones. - [Fraud Conference 2013](https://www.economic-insight.com/2013/03/12/fraud-conference-2013/) - Economic Insight Associate speaks at banking and payments industry conference. Dr Andrew Mell - an Associate of Economic Insight and fellow of Corpus Christi College, Oxford - is speaking at the forthcoming Fraud Conference 2013 held in London on 26th and 27th March. Andrew will present the economics of combating online credit card fraud and draw out the - [Annual License Fee](https://www.economic-insight.com/2014/02/07/annual-license-fee/) - Ofcom has today published the responses to its consultation on the Annual License Fee for 900 and 1800MHz spectrum. Economic Insight has provided detailed advice to Hutchison Three UK on this matter, and Three's published response includes our expert reports on the cost of capital and taxation value adjustments - [Legal Features Magazine](https://www.economic-insight.com/2014/05/06/legal-features-magazine/) - Legal Features Magazine has published an article regarding our advice to the Solicitors' Regulation Authority (SRA) in relation to our analysis of its Compensation Fund. Economic Insight is supporting the SRA in seeking to identify whether specific factors can be identified that impact the likelihood of claims being made against the fund to inform its review of the - [BIS Report](https://www.economic-insight.com/2013/11/05/bis-report-3/) - Economic Insight report on reforms to the regulatory and competition law appeals framework published. The BIS has published a report by Economic Insight on behalf of Hutchison Three UK in response to the consultation on reform to the UK appeals framework for regulatory and competition law matters. Economic Insight frequently advises leading UK firms on related economics - [Economic Insight launch](https://www.economic-insight.com/2011/07/04/economic-insight-launch/) - Economic Insight launches today, as announced in Global Competition Review. - [Defra Appointment](https://www.economic-insight.com/2012/06/04/defra-appointment/) - Economic Insight has been hired by Defra to develop a report on the practical implications of Institutional Economics to its policy reform agenda. - [Affinity Water & South West Water](https://www.economic-insight.com/2014/04/04/affinity-water-south-west-water/) - Both Affinity Water and South West Water have had their Business Plans confirmed as being of 'enhanced status' by Ofwat. Utility Week has published an article by Economic Insight Director, Sam Williams, which examines whether the companies were correct to accept Ofwat's offer, given the potential financial costs and benefits of appealing to the CMA. - [Legal Ombudsman Report](https://www.economic-insight.com/2014/02/04/legal-ombudsman-report/) - The Legal Ombudsman has published our report on the business case for good complaints handling in the legal services profession. Our analysis shows that investment in good complaints handling by law firms and other legal services providers has the potential to increase firm profitability. - [David Willetts MP](https://www.economic-insight.com/2014/04/03/david-willetts-mp/) - Today, Rt Hon David Willetts MP, Minister for Universities and Science, annnounced the publication of Economic Insight's research into the drivers of competitive advantage in UK universities. He said "Today my department is also publishing new independent research on the drivers of research excellence, that reminds us that brilliant science isn’t just a result of - [Ofwat Business Plans](https://www.economic-insight.com/2013/12/02/ofwat-business-plans/) - Water companies submit Business Plans to Ofwat. Today water and sewerage companies in England and Wales submitted their Business Plans to Ofwat, the water regulator. The companies' plans set out their proposed prices and, relatedly, investments and efficiencies for the forthcoming price control period. Ofwat will publish their ratings of the plans in April 2014. - [Madeleine Matos joins Economic Insight](https://www.economic-insight.com/2014/06/02/madeleine-matos/) - We are delighted to welcome Madeleine Matos to Economic Insight as an analyst. Madeleine previously worked for a leading competition economics consultancy firm in Germany. She holds a first class degree in Politics, Philosophy, and Economics from the University of Manchester and an MSc in Economics from Maastricht University (the Netherlands). - [Latest Insights](https://www.economic-insight.com/2014/06/05/latest-insights/) - Our latest batch of Insights are now available for download from the publications section of our website. In Enhancing The Bottom Line we examine whether Affinity and South West Water were correct to accept Ofwat's offer of enhanced status for their PR14 Business Plans. In When To Pop The Question, we consider what behavioural economics has to say about good survey - [Ofcom Consultation Responses](https://www.economic-insight.com/2014/06/10/ofcom-consultation-responses/) - Ofcom has today published the responses to its consultation regarding the appropriate inflation measure to use when determining the annual license fees for 3G spectrum. Economic Insight advised Hutchison Three on this matter - and our previous analysis for them was key to prompting Ofcom to consider a CPI, rather than RPI, approach. The full - [HM Treasury](https://www.economic-insight.com/2014/07/29/hm-treasury/) - HM Treasury has today published its final decision regarding the provision of tax-free childcare vouchers. Economic Insight advised the Treasury on this matter and our report, which assesses alternative market models for providing childcare vouchers has been published by the Treasury alongside its final decision (see the publications section of our website for details). - [Ofcom Consultation](https://www.economic-insight.com/2014/08/01/ofcom-consultation/) - Ofcom has today published an additional consultation on revising annual licence fees for the 900 MHz and 1800 MHz spectrum bands. These two bands are used by mobile network operators for 2G and 3G, including voice calls and some 4G services. Ofcom's latest proposals refelct a range of expert evidence provided by respondents in the consultations to - [Ofwat Pricing Guidance](https://www.economic-insight.com/2014/08/18/ofwat-pricing-guidance/) - Ofwat has today written to water companies in England and Wales regarding the approach to setting access prices in future. In particular, Ofwat's guidance is that companies should consider migrating away from a retail minus' approach to a wholesale charging methodology. Economic Insight has advised a number of water companies regarding the setting of retail and wholesale - [UK Mobile Industry Savings](https://www.economic-insight.com/2014/08/25/uk-mobile-industry-savings/) - Economic Insight's analysis helps save UK mobile industry £62m a year. Ofcom's latest proposals in relation to the setting of the license fees for 1800 and 900 MHZ spectrum translate to an annual saving to the operators of £62m relative to its original proposals. A key driver of the reduction is Ofcom's proposal to use a - [Ofwat Draft Price Determinations](https://www.economic-insight.com/2014/08/29/ofwat-draft-price-determinations/) - Ofwat publishes draft price determinations. Ofwat has today published the draft PR14 price controls for water and sewerage companies in England and Wales. Within the determinations, the regulator has decided to allow Yorkshire Water's claim for input price pressure in its retail business, having previously taken the position that it would not allow for retail inflationary pressure. Economic Insight - [ESB Appointment](https://www.economic-insight.com/2014/09/18/esb-appointment/) - Economic Insight has been appointed by ESB to provide it with economic advice and support throughout the CMA investigation into the GB energy market. - [Report for Ofwat](https://www.economic-insight.com/2014/09/26/report-for-ofwat/) - As part of the new regulatory framework for PR14, Ofwat has removed the automatic link between prices and inflation for the retail price controls. Whilst a number of water companies made cost adjustment claims relating to retail inflation as part of their Business Plans, only Yorkshire Water was successful in Ofwat's Draft Determinations. Today Ofwat has - [Utility Week Congress](https://www.economic-insight.com/2014/10/14/utility-week-congress/) - Economic Insight is sponsoring the Utility Week Congress, which is being held over the next two days in Birmingham. Sam Williams, one of our Directors, will be giving a talk discussing how water companies can meet the future threat of retail competition. - [BIS Research and Development](https://www.economic-insight.com/2014/11/26/bis/) - BIS has asked Economic Insight to estimate the extent to which the multi-billion pound public funding of research and development attracts private funding from businesses and charities in the UK and overseas. - [Revenue boost for the water industry](https://www.economic-insight.com/2014/12/12/revenue-boost-water-industry/) - Economic Insight secures an additional £36.4m of revenues for the water industry. Ofwat today published its Final Price Determinations for water and sewerage companies in England and Wales. In the new price limits Ofwat accepted claims for retail cost inflation for four companies: Bristol, Portsmouth, Wessex and Yorkshire, all of whom were advised by Economic - [Emma Souness joins Economic Insight](https://www.economic-insight.com/2015/01/05/emma-souness/) - We are delighted to welcome Emma Souness to Economic Insight as an analyst. Emma previously worked for the regulated industries agency, specialising in electricity regulation, and also the national statistical office in New Zealand. - [Insights](https://www.economic-insight.com/2015/01/30/better-devil-know/) - Our latest batch of Insights is now available for download from the publications section of our website. In Better the devil you know we explore how framing of known and unknown risks shapes individual choice and policy. In Experimental economics – scattergun or science?, we describe what experiments are and highlight some of the key issues in their use. Finally, in Market - [Yorkshire Water Retail Strategy](https://www.economic-insight.com/2015/02/11/yorkshire-water-retail-strategy/) - The water retail market for business customers will open for competition in 2017. Economic Insight is advising Yorkshire Water (the 4th largest water and sewerage company in England and Wales) on its retail strategy. - [Bristol Water Ofwat Review](https://www.economic-insight.com/2015/02/22/bristol-water-ofwat-review/) - Bristol Water (Bristol) has rejected Ofwat's latest price determination and is seeking a review by the Competition and Markets Authority (CMA). Ofwat has allowed Bristol to incur £409m to run its wholesale business, whereas it had planned to spend over £500m. Economic Insight is advising Bristol on various issues relating to Ofwat's cost assessment, including - [European Competition Law Review Article](https://www.economic-insight.com/2015/03/03/european-competition-law-review-article/) - The European Competition Law Review has published an article by James Harvey "The rocky road to competition". The article discusses how regulatory safeguards designed to protect consumers while competition is introduced could have the opposite effect. It is available for download in the publications section of this website. - [University of Worcester Commission](https://www.economic-insight.com/2015/03/11/university-worcester-commission/) - The University of Worcester has commissioned Economic Insight to undertake a study to estimate the university's economic value. The university is one of the fastest growing in the UK, with annual admissions increasing by 8% pa in recent years, compared to a 2% national average. In addition, it uniquely boasts the first public / private joint venture library - [Water Market Reform Conference](https://www.economic-insight.com/2015/04/23/water-market-reform-conference/) - Economic Insight sponsors Water Market Reform conference. Economic Insight is sponsoring the forthcoming Water Market Reform conference, at which industry experts will discuss the key issues facing the imminent retail market opening – including key decisions associated with business structure and strategy. The conference is being held in London on 2 July 2015. - [Latest Insights](https://www.economic-insight.com/2015/06/05/carry-on-collaborating/) - Our latest batch of Insights is now available for download from the publications section of our website. In Carry on collaborating we explore alternatives to the standard ‘economic impact assessment’ techniques used in the context of ‘science and innovation campuses’. In Challenging productivity we argue that understanding the causes of the differences between productivity growth of different sectors of the economy - [Ofwat Appointment](https://www.economic-insight.com/2015/06/23/ofwat-appointment/) - Ofwat appoints Economic Insight to lead the design element of Water 2020. Economic Insight is working with Ofwat to help develop the regulator’s approach to the PR19 price control, as part of its Water 2020 Programme. Our role is to head up the initial work on the ‘design’ of the new regulatory framework, addressing in - [New Client Acquisition](https://www.economic-insight.com/2015/06/29/new-client-acquisition-2/) - Economic Insight has been retained by a national retailer as its economic experts. The retailer is seeking damages arising from anti-competitive behaviour in relation to multilateral interchange fees (the fees paid by retailers when customers pay for goods and services using credit and debit cards). - [Marketforce Conference on Water Reform](https://www.economic-insight.com/2015/07/02/marketforce-conference-water-reform/) - Economic Insight sponsors Marketforce conference on water reform. Today Sam Williams, a director of Economic Insight, gave a speech addressing how market participants can overcome customer inertia in the water retail market at the Marketforce water reform conference. Economic Insight also sponsored the conference, which was attended by prominent water industry stakeholders. Sam's presentation can - [James joins Editorial Board ECLR](https://www.economic-insight.com/2015/07/02/james-joins-editorial-board-eclr/) - Today, James Harvey joined the editorial board of the European Competition Law Review, published by Sweet & Maxwell. James is a Director at Economic Insight. - [BIS Report](https://www.economic-insight.com/2015/07/16/bis-report-2/) - Today, Rt Hon Jo Johnson MP, Minister of State for Universities and Science, announced the publication of Economic Insight’s research into the relationship between public and private investment in research and development (R&D). He said “Public investment in science delivers strong returns to the economy of at least 20% per annum, and leverages in private - [GCR Sponsorship](https://www.economic-insight.com/2015/07/24/gcr-sponsorship/) - Economic Insight sponsors GCR Live 7th Annual Competition Litigation conference. Economic Insight is sponsoring the forthcoming GCR Live 7th Annual Competition Litigation conference, at which experts will discuss the key developments in competition litigation in the UK and more widely in the EU. The conference is being held in London on 14 October 2015. - [GCR Live](https://www.economic-insight.com/2015/08/07/gcr-live/) - Economic Insight sponsors GCR Live 7th Annual Brussels conference. Economic Insight is sponsoring the forthcoming GCR Live 7th Annual Brussels conference: The conference about the bigger picture, at which experts will discuss the key developments in competition economics and antitrust issues. The conference is being held in Brussels between 9 and 10 November 2015. - [Ofgem Framework Agreement](https://www.economic-insight.com/2015/08/27/ofgem-framework-agreement/) - Economic Insight has been appointed to the new Ofgem framework agreement for Economic, Financial and Related Consultancy Services in relation to: Regulatory and Incentive Design, Competition and Market Behaviour, and Cost of Capital and Financeability. We are delighted to be one of Ofgem’s trusted advisors. - [Science and Technology Committee Inquiry](https://www.economic-insight.com/2015/09/01/science-technology-committee-inquiry/) - Economic Insight’s research into the relationship between public and private investment in research and development (R&D) has been cited by various organisations in their responses to the Science and Technology Committee inquiry. The Russell Group, the Association of Medical Research Charities, the Institute of Physics and Scienceogram all used headline figures from our report to - [Public Health England Appointment](https://www.economic-insight.com/2015/09/04/public-health-england-appointment/) - Public Health England has appointed Economic Insight to provide a package of health economics support and training over the coming year. Our support will be focused on how economics can be used to inform investment decisions in a health setting, addressing both prioritisation frameworks and return on investment analysis. - [BIS Report](https://www.economic-insight.com/2015/09/15/bis-report/) - Economic Insight’s research into the relationship between public and private investment in research and development (R&D) has been cited by various organisations in their responses to the Government’s Spending Review. Universities UK, the Russell Group and the Royal Society all used headline figures from our report to reinforce their position. Our report can be downloaded - [Lower annual licence fees for the mobile industry](https://www.economic-insight.com/2015/09/24/lower-annual-licence-fees-mobile-industry/) - Economic Insight helps secure 13% lower annual licence fees for the mobile industry. Ofcom today published revised annual fees for mobile operators, determining the amount of money they must pay to use 900MHz and 1800MHz spectrum. In setting the new annual licence fees, Ofcom admitted that an appropriate starting point for calculating the discount rate is the - [EE Commission](https://www.economic-insight.com/2015/10/08/ee-commission/) - EE has commissioned Economic Insight to undertake an analysis of profitability in the UK mobile sector, as part of its engagement with Ofcom's Strategic Review of Digital Communications. - [CMA Energy Retail Prices](https://www.economic-insight.com/2015/10/26/cma-energy-retail-prices/) - Our latest batch of Insights is now available for download from the publications section of our website. Firstly, in The CMA should not cap energy retail prices we argue that the CMA should not pursue two of its remedy proposals, namely Ofgem, the economic regulator for energy, providing an independent price comparison website and the creation of a transitional ‘safeguard - [Legal Services Board](https://www.economic-insight.com/2015/10/30/legal-services-board/) - The Legal Services Board has asked Economic Insight to assess the supply-side characteristics of certain unregulated legal services providers. Our research will be in the will writing, family and intellectual property areas of law. - [Ofcom Strategic Review Report](https://www.economic-insight.com/2015/11/02/ofcom-strategic-review-report/) - Ofcom has published the responses to its Strategic Review of Digital Communications (DCR). EE has submitted our report Returns in the UK mobile sectorwhich suggests a far more cautious outlook to investment than Ofcom advocates in its DCR. Our report is available to download from the Ofcom website. - [BIS appoint Economic Insight](https://www.economic-insight.com/2015/11/30/bis-appoint-economic-insight/) - The UK Department for Business, Innovation and Skills (BIS) has appointed Economic Insight to its Research and Evaluation panel of advisors. We are delighted to be one of BIS’s trusted economic advisors. - [Senior Consultant Appointment](https://www.economic-insight.com/2015/12/21/senior-consultant-appointment/) - We are delighted to announce that Ian Thompson has been promoted to Senior Consultant. Ian joined Economic Insight in 2013 and has made significant contributions to the continued growth and success of the firm across all of our practice areas. - [Strategy Lab at Retail Week Live](https://www.economic-insight.com/2016/01/22/strategy-lab-retail-week-live/) - Strategy Lab @Economic Insight is sponsoring the forthcoming Retail Week Life conference at which industry’s top executives, most influential personalities and visionaries choose to take to the stage to share their stories, views and predictions for the industry. James Harvey, one of our directors, will be giving a talk discussing how economic experiments can help predict customer - [Policy UK Conference on Science](https://www.economic-insight.com/2016/02/25/police-uk-conference-science/) - Economic Insight addresses the Policy UK conference on science, innovation and the UK research budget. Today Ian Thompson, a Senior Consultant at Economic Insight, gave a speech on encouraging more public and private investment in R&D. - [Ofcom Strategic Review of DCR](https://www.economic-insight.com/2016/02/25/ofcom-strategic-review-dcr/) - Ofcom has published the initial conclusions from its Strategic Review of Digital Communications (DCR). Economic Insight is advising EE on this matter. - [Anglian Water Commission](https://www.economic-insight.com/2016/03/01/anglian-water/) - Anglian Water has asked Economic Insight to develop an analysis setting out the practical implications associated with Ofwat's proposals to formally allocate the historical regulatory capital value across the upstream value chain, as part of the regulator's proposed package of reforms for the next price control. - [The Office of Rail and Road](https://www.economic-insight.com/2016/03/11/office-rail-road/) - The Office of Rail and Road (ORR) has commissioned Economic Insight to undertake a cross-sector review of approaches to settings outcomes frameworks. Our study will help inform the ORR's future approach to advising on outcomes in relation to Highways England and the next Road Investment Strategy. - [Retail Week Sponsorship](https://www.economic-insight.com/2016/03/16/retail-week/) - Retail Week 2016 starts today. The Strategy Lab from Economic Insight is proud to be a sponsor. Tomorrow one of our directors, James Harvey, will be speaking about how experimental economics can help retailers understand the ways in which social media interactions influence customer purchasing decisions. - [Welsh Water Commercial Strategy](https://www.economic-insight.com/2016/03/20/welsh-water/) - Welsh Water has hired Economic Insight to advise it on its commercial strategy in wastewater markets in the UK. This follows Ofwat's proposal to encourage a greater use of markets in what water and wastewatr industry. - [New Client Commission](https://www.economic-insight.com/2016/03/23/new-client-acquisition/) - Economic Insight has been hired by a leading sports equipment retailer to help it identify and evaluate a range of pricing strategy options, where a key consideration is how to generate additional value from its bricks and mortar stores in the face of increased competition from online. - [European Competition Law Review](https://www.economic-insight.com/2016/04/19/european-competition-law-review/) - The European Competition Law Review has published an article by Madeleine Matos "Price frames, consumer decision making and consumer harm – when does one lead to another?". The article assesses how the way prices are presented, so called price frames, as well as their levels can affect competition and consumer welfare. It is available for - [Ofgem Appointment](https://www.economic-insight.com/2016/05/16/16-05-2016-ofgem-appointment/) - Ofgem appoints Economic Insight to assist with the implementation of the Competition and Market Authority’s (CMA) energy market investigation remedies. Economic Insight is working with Ofgem to help address the removal of some Retail Market Review (RMR) rules and to develop randomised control trials (RCTs) for effective billing and empowering and engaging consumers. - [RSSB Appointment](https://www.economic-insight.com/2016/06/01/01-06-2016-rssb-appoint-economic-insight/) - RSSB (the Rail Standards and Safety Board) has hired Economic Insight to provide strategic advice to support the ongoing review by the ORR (Office of Rail and Road) into RSSB’s role, funding and governance. Economic Insight will be working closely with RSSB’s senior team to help manage the organisation’s engagement in the review process. - [Utility Week Article](https://www.economic-insight.com/2016/06/07/03-06-2016-utility-week-article/) - Utility Week has published an article by James Harvey “If at first you don’t succeed...”. The article discusses the use of experiments in order to develop better customer engagement in regulated markets. It is available for download in the publications section of this website. - [Economic Insight appointed as Experts in Competition Case](https://www.economic-insight.com/2016/06/10/10-06-2016/) - Socrates Training Limited has appointed Economic Insight to act on its behalf in relation to a claim being brought by the company against the Law Society regarding an alleged abuse of dominance case (Competition Act 1998). Sam Williams, a Director of Economic Insight, will act as an expert witness on this matter, which is to - [The Water Report Article](https://www.economic-insight.com/2016/06/17/17-06-2016-water-report-article/) - The Water Report has published an article by Sam Williams “New markets: short term costs and long term gains”. The article discusses how the nature of costs incurred in liberalised markets can differ from those in regulated monopoly markets; and how in some cases “additional” costs may arise – even if in totality, costs are - [Southern Water sells retail operation to Business Stream](https://www.economic-insight.com/2016/06/24/24-06-2016-southern-water-sells-retail-operation-business-stream/) - Southern Water has announced the sale of its non-household retail operation to Business Stream. This deal makes Southern Water the first water and sewerage company to decline involvement in the forthcoming competitive market (to open in April 2017) and signals further consolidation. Economic Insight advised Southern Water on its commercial strategy and undertook a valuation - [LSB Report](https://www.economic-insight.com/2016/06/28/28-06-2016-lsb-report/) - Catherine Dixon, Chief Executive of the Law Society of England and Wales, today referenced Economic Insight's report Unregulated legal service providers – Understanding supply-side characteristics, commissioned by the Legal Services Board (LSB), in the Commons Justice hearing on legal services regulation. We undertook both qualitative and quantitative analysis for this in depth study of the supply side - [ORR Report](https://www.economic-insight.com/2016/07/01/01-07-2016-orr-report/) - The Office of Rail and Road (ORR) published Economic Insight's report A cross-sector review of outcomes frameworks to inform early work for its Road Investment Strategy 2 (RIS2). Our report reviews 15 outcomes frameworks across healthcare, water, transport, energy, post, and education. It drew inferences both in terms of the design of outcomes frameworks and the process - [Chris Pickard joins Economic Insight](https://www.economic-insight.com/2016/07/04/04-07-2016-chris-pickard/) - We are delighted to welcome Chris Pickard to Economic Insight today. Chris is an experienced regulatory and competition economist. He joins us from the Chief Economist's department in the UK Financial Conduct Authority and previously worked for another economics consultancy. - [CMA Legal Services Market Study Interim Report](https://www.economic-insight.com/2016/07/14/08-07-2016-cma-legal-services-market-study-interim-report/) - The UK Competition and Markets Authority (CMA) has decided not to make a market investigation reference under section 131 of the Enterprise Act 2002, following the publication of its legal services market study interim report. The market study encompasses ‘legal services’ in a broad sense, including regulated and unregulated services across a range of different - [European Commission imposes record fine of €2.9 billion on truck producers](https://www.economic-insight.com/2016/07/19/19-07-16-european-commission-imposes-record-fine-e2-9-billion-truck-producers/) - Today, the European Commission announced that it has fined MAN, Volvo/Renault, Daimler, Iveco and DAF €2.9 billion for participating in a price-fixing cartel for 14 years between 1997 and 2011. Economic Insight has been hired by a number of major buyers to help quantify the damage caused by the cartel. - [Utility Week Article](https://www.economic-insight.com/2016/07/22/22-07-2016-utility-week-article/) - Utility Week has published an article by James Harvey “Testing the waters”. The article discusses how conducting experiments can be a useful technique for companies to find out what services their customers want and what they are willing to pay for them. It also sets out Economic Insight’s online experiment in relation to energy retail. - [Insights](https://www.economic-insight.com/2016/08/01/01-08-2016-insights/) - Our latest batch of Insights is now available for download from the publications section of our website. Firstly, in The Placebo effect – experimenting on consumers we show how different types of “social information” (such as star ratings and comments) influences individual buying behaviour and how to measure the effects based on an innovative laboratory - [Northern Ireland Water Appointment](https://www.economic-insight.com/2016/08/03/03-08-2016-northern-ireland-water-appointment/) - Northern Ireland Water (NI Water) has appointed Economic Insight as its expert economics advisors in relation to both the PC15 price control process and to assist with aspects of the company’s PC21 Business Plan. The scope of our advice will include: cost assessment, efficiency, regulatory finance, and tariff design. We are delighted to be working - [Ofgem consults on Principles for Suppliers and Consequential Amendments to the RMR Clearer Information Tools](https://www.economic-insight.com/2016/08/03/03-08-2016-ofgem-consults-principles-suppliers-consequential-amendments-rmr-clearer-information-tools/) - Today, Ofgem published a consultation, which includes the amendments it is proposing to make to the Retail Market Review (RMR) Clearer Information tools, in light of the UK Competition and Markets Authority’s recommendation to remove the majority of the RMR Simpler Tariff Choices rules. Economic Insight is advising Ofgem in relation to these changes. The - [CMA Framework Agreement](https://www.economic-insight.com/2016/08/05/05-08-2016-cma-framework-agreement/) - The UK Competition and Markets Authority (CMA) has appointed Economic Insight to its framework agreement in relation to: Social and Economic Research and Analysis Related to Competition and Consumer Policy and Regulation, Industry and Market-Specific Research and Technical Analysis, and Specialist Advice Relating to Competition and Regulatory Finance and Accounting. We are delighted to be one of the CMA's trusted - [Marketforce: The Energy Customer Sponsorship](https://www.economic-insight.com/2016/08/08/08-08-2016-marketforce-energy-customer-sponsorship/) - Economic Insight is to sponsor the forthcoming Marketforce conference ‘The Energy Customer’. The conference will be held on the 28th September in London, and James Harvey (a Director of Economic Insight) will be speaking at the event. - [Southern Water Appointment](https://www.economic-insight.com/2016/08/10/10-08-2016-southern-water-appointment/) - Southern Water has hired Economic Insight to examine the potential implications of Ofwat’s proposal to expose companies to under-utilisation demand risk in water resources. Our report will be published in the Water UK Marketplace of ideas. - [Nisha Thomas joins Economic Insight](https://www.economic-insight.com/2016/09/19/19-09-2016-nisha-thomas-joins-economic-insight/) - We are pleased to welcome Nisha Thomas to the Economic Insight team. Nisha joins us from the University of Warwick with a first class BSc degree in economics and an MSc degree in economics with distinction. She was also awarded the economics research scholarship at Warwick in relation to her paper 'What separates a nation?', examining - [Economic Insight presents at annual Water Economics Forum](https://www.economic-insight.com/2016/09/19/19-09-2016-economic-insight-presents-annual-water-economics-forum/) - James Harvey, a Director of Economic Insight, joined delegates from the World Bank, Defra, Ofwat and the Competition and Markets Authority amongst others for the annual "Water Economics Forum" held in Westminster. James presented our assessment of the implications of the recent energy market investigation for the potential liberalisation of the GB water retail market. - [Marketforce: The Energy Customer Sponsorship](https://www.economic-insight.com/2016/09/28/28-09-2016-marketforce-energy-customer-sponsorship/) - Marketforce's the 'Energy Customer' conference takes place today. Economic Insight is proud to be a sponsor. James Harvey, one of our Directors, will be speaking about how randomised controlled trials can help understand energy customers and will be sharing results from our online experiment in partnership with YouGov. - [Developing Commercial Strategy in the Transport Sector](https://www.economic-insight.com/2016/10/03/03-10-2016-developing-commercial-strategy-transport-sector/) - Economic Insight has been asked by a major transport organisation in the UK rail sector to help it develop its future commercial strategy. - [Northumbrian Water and United Utilities Report](https://www.economic-insight.com/2016/11/09/09-11-2016-northumbrian-water-united-utilities-report/) - Water UK published Economic Insight’s report Options for household retail cost assessment at PR19, commissioned by Northumbrian Water and United Utilities. Our report highlights that there is a need for companies and Ofwat to actively consider the options available for retail household cost assessment at PR19 and, in particular, the choice between an “adjusted unit - [Sam Williams appears before the Competition Appeals Tribunal](https://www.economic-insight.com/2016/11/10/10-11-2016-sam-williams-appears-competition-appeals-tribunal/) - Today, Sam Williams, a Director of Economic Insight, appeared as an expert witness before the Competition Appeals Tribunal in the first fast-track trial. Economic Insight is acting on behalf of Socrates Training Limited in relation to a claim being brought by the company against the Law Society regarding an alleged abuse of dominance relating to - [Economic Insight sponsors Water 2016](https://www.economic-insight.com/2016/11/22/22-11-2016-economic-insight-sponsors-water-2016/) - Economic Insight sponsors Marketforce’s Water 2016 conference. The conference, where prominent industry stakeholders meet, starts today. Sam Williams, a Director of Economic Insight, is taking part in the panel discussion on retail competition this morning and assesses readiness for market opening in April 2017 and beyond. - [Thames Water Report](https://www.economic-insight.com/2016/11/23/23-11-2016-thames-water-outcomes-framework-pr19-report/) - Thames Water published Economic Insight’s report Outcomes Framework at PR19, which assesses a number of issues relevant to the design of the outcomes framework at PR19. In our report we assess the key issues that must be addressed in order to determine an appropriate approach to outcomes at the next price review. Our report can - [Southern Water Report](https://www.economic-insight.com/2016/11/24/24-11-2016-southern-water-report/) - Southern Water published Economic Insight’s report Demand Utilisation Risk in Water Resources, which considers the implications of Ofwat’s proposal to allocate demand risk to companies in relation to water resources. The primary focus of our report has been in relation to the potential for Ofwat to transfer some of the ‘market driven’ element of demand utilisation - [Bar Standards Board Advisory Pool of Experts Appointment](https://www.economic-insight.com/2016/11/25/25-11-2016-bar-standards-board-advisory-pool-experts-appointment/) - James Harvey and Sam Williams, both Directors at Economic Insight, have been jointly appointed to the Advisory Pool of Experts (APEX) of the Bar Standards Board (BSB) – the regulatory body for barristers and their professional practice – as experts in Competition and Economics. The APEX is a pool of external and independent experts who - [Ofwat Report](https://www.economic-insight.com/2016/11/29/29-11-2016-ofwat-report/) - Ofwat has today published Economic Insight’s report Future Customer Service Incentive for Water. This report was written in association with specialist consumer insight firm Caroline Thompson Associates. It considers how to provide water companies with incentives to improve their customer service levels. It specifically focuses on how a new incentive mechanism should approach measuring, evaluating - [TSC Appointment](https://www.economic-insight.com/2016/12/07/07-12-2016-tsc-appointment/) - Transport Systems Catapult Limited (TSC) has commissioned Economic Insight to deliver a high-impact analysis of future Intelligent Mobility (IM) supply chains. The aim of this project is to forecast the impact of IM on future transport supply chains using the analogy method, which assumes that phenomena observed in other industries or markets will be comparable - [CMA Legal Services Market Study Final Report](https://www.economic-insight.com/2016/12/15/15-12-2016-cma-legal-services-market-study-final-report/) - The UK Competition and Markets Authority (CMA) has set out a package of measures in its legal services market study final report, which challenges providers and regulators to help customers better navigate the market and get value for money. The market study encompasses ‘legal services’ in a broad sense, including regulated and unregulated services across - [FCA publishes Occasional Paper on Behaviour and Compliance in Organisations](https://www.economic-insight.com/2016/12/16/16-12-2016-fca-publishes-occasional-paper-behaviour-compliance-organisations/) - The UK Financial Conduct Authority (FCA) has today published its Occasional Paper 24: Behaviour and Compliance in Organisations. This paper discusses the factors that influence effective compliance and provides suggestions for how regulators and firms can improve levels of compliance. Chris Pickard, a Senior Consultant at Economic Insight, co-authored this paper while at the FCA. - [Economic Insight sponsors CDR Spring Competition Litigation Symposium](https://www.economic-insight.com/2016/12/16/16-12-2016-economic-insight-sponsors-cdr-spring-competition-litigation-symposium/) - Economic Insight sponsors CDR Spring Competition Litigation Symposium, which is to be held in London on 23 February 2017. James Harvey, one of our Directors, will be speaking at this event that gathers key stakeholders on cross-border competition litigation. Topics that will be explored at this conference include how to strategically manage class actions, the - [European Competition Law Review](https://www.economic-insight.com/2016/12/20/20-12-2016-european-competition-law-review/) - The European Competition Law Review has published an article by Madeleine Matos and James Harvey “Experimenting on consumers”. The article explores how different types of social information can influence consumer behaviour, using a lab-based economic experiment. It is available for download in the publications section of this website. - [Economic Insight nominated for Who’s Who Legal Future Competition Leaders (economist category) award](https://www.economic-insight.com/2017/01/06/06-01-2017-economic-insight-nominated-whos-legal-future-competition-leaders-economist-category-award/) - Economic Insight Directors, James Harvey and Sam Williams, have both been nominated for the Who’s Who Legal Future Competition Leaders (economist category) award. These prestigious nominations for James and Sam reflect their close involvement in some of the most high profile competition law cases over the last year – and Economic Insight’s growing reputation in - [Centrica appoints Economic Insight to advise on energy consumer trials](https://www.economic-insight.com/2017/01/09/09-01-2017-centrica-appoints-economic-insight-advise-energy-consumer-trials/) - Economic Insight has been hired by Centrica (the parent company of British Gas) to advise it in relation to Ofgem’s approach to trialling and testing consumer engagement measures. The work follows the conclusion of the CMA’s energy market investigation last year, which found a lack of engagement in the market and recommended that Ofgem should - [Thames Water Report](https://www.economic-insight.com/2017/01/19/19-01-2017-thames-water-report/) - Thames Water published Economic Insight’s report Household retail input price inflation at PR19, which assesses how input price inflation could be treated within household (HH) retail at PR19. The overall aim of this report is to support the development of a methodology for the next price control. Our report can be downloaded from the publications - [Ofgem publishes decision on consumer trials licence condition](https://www.economic-insight.com/2017/01/30/30-01-2017-ofgem-publishes-decision-consumer-trials-licence-condition/) - Today, Ofgem has published its decision to introduce standard licence condition 32A (SLC 32A). SLC 32A enables Ofgem to direct energy suppliers to undertake consumer trials to promote greater consumer engagement. Economic Insight is advising Centrica on its approach to consumer trials in this new regulatory context. - [Sam Williams appointed to the CMA regulatory expert panel](https://www.economic-insight.com/2017/02/17/17-02-2017-sam-williams-appointed-cma-expert-panel/) - Today, Sam Williams, a Director of Economic Insight, has been appointed to the Competition and Markets Authority’s (CMA) regulatory expert panel. The role of the panel is to provide independent expert advice to the CMA when it is making important decisions and dealing with technical issues. We are delighted to be one of the CMA’s - [James Harvey recognised by GCR’s Who’s Who Legal: Competition 2017](https://www.economic-insight.com/2017/02/22/22-02-2017-james-harvey-recognised-gcrs-whos-legal-competition-2017/) - James Harvey, one of our Directors, has been selected by the Global Competition Review’s (GCR) independent research with clients and peers for recognition in Who’s Who Legal: Competition 2017 – the guide to the world’s leading Competition experts. Economic Insight advises clients on all matters of competition policy and is involved in various commercial litigation - [Dr Karli Glass and Dr Anthony Glass](https://www.economic-insight.com/2017/03/15/15-03-2017-dr-karli-glass-dr-anthony-glass/) - We are delighted to welcome Dr Karli Glass and Dr Anthony Glass to Economic Insight as associates. They are leading academics in the area of econometric analysis for cost and output benchmarking. Both work for the prestigious Centre for Productivity and Performance at the University of Loughborough and Anthony is the Deputy Director of it. - [Business Innovator Award Nomination](https://www.economic-insight.com/2017/03/29/29-03-2017-business-innovator-award-nomination/) - Economic Insight has been nominated for CV Magazine’s Business Innovator Award (2017). The Business Innovator Award is designed to “recognise the trailblazers of the corporate sphere, striving ahead of their competitors to achieve remarkable results.” We are delighted to have been nominated by CV Magazine. - [Economic Insight 2017 Business Innovator Award Winner](https://www.economic-insight.com/2017/05/18/17-05-2017-economic-insight-2017-business-innovator-award-winner/) - Economic Insight wins 2017 Business Innovator Award, as sponsored by CV Magazine. We are delighted to be considered Economics Consultancy firm of the year. - [Socrates Training Limited v The Law Society](https://www.economic-insight.com/2017/05/26/26-05-2017-socrates-training-limited-v-law-society/) - Today, the Competition Appeals Tribunal (CAT) handed down its first judgment under the new Consumer Rights Act 2015 fast-track rules. The CAT has ruled in favour of Socrates Training Limited (Socrates) that The Law Society abused its dominant position in the market for the provision of quality certifications and accreditations services to conveyancing firms in - [Khaldia Al Kasm joins Economic Insight](https://www.economic-insight.com/2017/06/05/05-06-2017-khaldia-al-kasm-joins-economic-insight/) - We are delighted to welcome Khaldia Al Kasm to Economic Insight. Khaldia joins the firm from University College London, where she received a Distinction for her MSc degree in economics and was awarded a scholarship by the Said Foundation. She has previously held audit roles at Deloitte and is fluent in English, Arabic and French. - [Utility Week Article](https://www.economic-insight.com/2017/06/09/09-06-2017-utility-week-article/) - Utility Week has published an article by James Harvey, a Director of Economic Insight, “Where now for an energy price cap?”. The article assesses the potential effects of an energy price cap, based on our model of the UK retail energy market. It is available on the Utility Week website. - [Water Report Article](https://www.economic-insight.com/2017/06/19/19-06-2017-water-report-article/) - The Water Report has published an article by Chris Pickard and Sam Williams – a Senior Consultant and a Director of Economic Insight - on the analysis we undertook for Severn Trent Water on Ofwat’s PR19 proposals for water resources. One of our main findings is that Ofwat’s proposals will result in a hierarchy of - [D.A. and others v Secretary of State for Work and Pensions](https://www.economic-insight.com/2017/06/22/22-06-2017-d-others-v-secretary-state-work-pensions/) - Today, single parents with a child under two won their High Court case against the government in relation to the controversial benefit cap. James Harvey, a Director at Economic Insight, was the expert economist for the claimants. James analysed labour market statistics to help evaluate whether or not the benefit cap had encouraged more single - [Ofwat publishes draft methodology for PR19 price control](https://www.economic-insight.com/2017/07/11/11-07-2017-ofwat-publishes-draft-methodology-pr19-price-control/) - Ofwat has published its draft methodology for the next water industry price control (PR19). As expected, the regulator has signalled that the control will be challenging for companies, with a significant decrease in the allowed rate of return, more challenging cost efficiency targets, and various incentives that are skewed to the downside for firms. Economic - [Solicitors Regulation Authority Appointment](https://www.economic-insight.com/2017/08/04/04-08-2017-solicitors-regulation-authority-appointment/) - The Solicitors Regulation Authority of England and Wales (SRA) has commissioned Economic Insight to undertake both a consumer survey with house buyers and an online trial on price transparency in conveyancing. The aim of this project is to provide consumer research to address one of the issues identified by the UK Competition and Markets Authority - [Three Appointment](https://www.economic-insight.com/2017/08/16/16-08-2017-three-appointment/) - Hutchison 3G (Three Mobile) has asked Economic Insight to conduct an analysis of potential reforms to the consumer switching process for mobile in the UK. We are developing an experimental economics approach to test how reforms might impact likely consumer engagement, and competitive intensity, in the market. - [BEIS Appointment](https://www.economic-insight.com/2017/08/16/16-08-2017-beis-appointment/) - The Department for Business, Energy and Industrial Strategy (BEIS) has asked Economic Insight to develop typologies of ‘non-market impacts’ arising from investment in R&D in innovation sectors in the UK. Our research includes undertaking a comprehensive review of the existing academic literature – and subsequently advising BEIS on how non-market impacts might vary by sector. - [ICGL Competition Litigation 2018 Publication](https://www.economic-insight.com/2017/09/12/12-09-2016-icgl-competition-litigation-2018-publication/) - The International Comparative Legal Guide to: Competition Litigation 2018 has published an article by our Director James Harvey, looking at four practical competition litigation issues to keep an eye on in 2018. The article can be downloaded from the publications section of this website. - [OME Conference on Public Sector Pay](https://www.economic-insight.com/2017/09/21/21-09-2017-ome-presentation/) - Today, Madeleine Matos, a Consultant at Economic Insight, shared our findings on the value of different workplace rewards at the Office of Manpower Economics' (OME) conference on public sector pay. The OME commissioned us to undertake a detailed review into the relative value of workplace rewards. - [Three Report](https://www.economic-insight.com/2017/09/25/25-09-2017-three-report/) - Ofcom has published a report by Economic Insight on the consumer welfare effects of potential reforms to the mobile switching process in the UK. The report, commissioned by Three Mobile, shows that total consumer welfare could be harmed if, under proposed reforms, losing providers can contact customers with ‘reactive save’ offers. Instead, our work suggests - [European Commission imposes fine of €880 million on non-settling Scania](https://www.economic-insight.com/2017/09/27/27-09-17-european-commission-imposes-fine-e880-million-non-settling-scania/) - Today, the European Commission (EC) announced that it has fined Scania €880m for participating in a price-fixing cartel for 14 years between 1997 and 2011. Five other truck manufacturers settled with the EC 14 months ago. Economic Insight has been hired by a number of major buyers to help quantify the damage caused by the - [GCR Publication](https://www.economic-insight.com/2017/09/30/30-09-2017-gcr-publication/) - The Global Competition Review (GCR) has published James Harvey's overview on key competition economics issues in the UK. This includes an overview on behavioural trials recommended by the UK Competition and Markets Authority (CMA) and considerations on interest claims in litigation. The article can be downloaded from the publications section of this website. - [British Legal Awards Finalists announced](https://www.economic-insight.com/2017/10/10/10-10-2017-british-legal-awards-finalists-announced/) - Legal Week have announced the finalists for the 2017 British Legal Awards. Economic Insight is delighted to be nominated within the Competition Team of the Year category, as part of the TupperS Law team that acted on behalf of Socrates Training in the first ever fast track case to be heard at the CAT. Winners - [Utility Week Congress Sponsorship](https://www.economic-insight.com/2017/10/11/11-10-2017-utility-week-congress-sponsorship/) - Economic Insight sponsors Utility Week Congress 2017. Today, our Director, Sam Williams, addressed the conference on the challenges of regulatory approaches to outcomes and customer engagement. The conference gathers industry stakeholders and experts who discuss the key developments in the utilities sector and is being held in Birmingham on 11 and 12 October 2017. - [The Law Society’s Competition Section Annual Dinner and Awards Sponsorship](https://www.economic-insight.com/2017/10/13/13-10-2017-law-societys-competition-section-annual-dinner-awards-sponsorship/) - Economic Insight sponsors the Law Society's Competition Section 2017 formal annual dinner and Horsfall-Turner essay prize award ceremony. The event takes places on 22 November 2017 in London and the keynote speaker is Professor Carl Baudenbacher, President of the EFTA Court. - [Economic Insight is hiring a Consultant / Senior Consultant](https://www.economic-insight.com/2017/10/23/23-10-2017-economic-insight-hiring-consultant-senior-consultant/) - Economic Insight is looking for a senior economist to join our growing team in London. Since our launch in 2011, we have established a great reputation for providing robust economic advice in an accessible way, and we are looking for an experienced consultant to help us meet the rising demand for our work. We are - [OME Report](https://www.economic-insight.com/2017/10/31/31-10-2017-ome-report/) - The Office of Manpower Economics (OME) published Economic Insight’s report Valuing different workplace rewards, which reviews existing literature on different workplace rewards in the public sector. The aim of this report is to help understand the relative value of different workplace rewards to employees, while focusing on workforces covered by Pay Review Bodies. The report - [Social Tariffs Strategy](https://www.economic-insight.com/2017/11/01/01-11-2017-social-tariffs-strategy/) - A major utility company has hired Economic Insight to provide strategy advice relating to its use of social tariffs. Our work involves using statistical analysis to understand geographic variance in social tariff adoption rates, using this to forecast future take-up and the associated commercial implications of this. - [Abuse of Dominance Litigation](https://www.economic-insight.com/2017/11/06/06-11-2017-abuse-dominance-litigation/) - Economic Insight has been engaged on a confidential litigation action regarding a potential abuse of dominance in the market for entertainment venues. - [Thames Water Appointment](https://www.economic-insight.com/2017/11/08/08-11-2017-thames-water-appointment/) - Thames Water has commissioned Economic Insight to provide an assessment of its relative efficiency position in the household retail market for the PR19 price control. - [Breakfast Seminar](https://www.economic-insight.com/2017/11/14/14-11-2017-breakfast-seminar/) - Economic Insight hosted a breakfast seminar on the first fast-track case to be heard at the Competition Appeals Tribunal (CAT): Socrates Training Limited v The Law Society. The panel discussion was chaired by James Harvey (a Director of Economic Insight) and the panel consisted of the Socrates case team: Bernard George (Socrates Training Limited), Stephen - [Bristol and Wessex Water Appointment](https://www.economic-insight.com/2017/11/15/15-11-2017-bristol-wessex-water-appointment/) - Bristol and Wessex Water have hired Economic Insight to undertake an analysis of real price effects to inform their business plans for PR19. Our work will include providing forecasts of underlying inflation for key water industry cost categories, as well as projections of the scope for productivity gains. - [Winners of Competition Team of the Year at the 2017 British Legal Awards](https://www.economic-insight.com/2017/12/01/01-12-2017-winners-competition-team-year-2017-british-legal-awards/) - Last night TupperS Law won “Competition Team of the Year” at the 2017 British Legal Awards, hosted by Legal Week. Economic Insight acted on behalf of Socrates Training as part of the TupperS Law team. The award was in recognition of the team’s work on the first ever fast track case to be heard at - [High Court Judge agrees to DG Comp Trucks Disclosure](https://www.economic-insight.com/2017/12/08/08-12-2017-high-court-judge-agrees-dg-comp-trucks-disclosure/) - Mrs Justice Rose agreed to DG Comp trucks disclosure in the High Court of England and Wales. Royal Mail is seeking £270 million in damages for overcharges it incurred by buying DAF trucks during the truck maker’s participation in the cartel. Economic Insight are advising Royal Mail in this case and are helping several other - [Consultant Appointment](https://www.economic-insight.com/2017/12/21/21-12-2017-consultant-appointment/) - We are delighted to announce that Nisha Thomas has been promoted to Consultant. Nisha joined Economic Insight in 2016 and has made significant contributions to the continued growth and success of the firm across all of our practice areas. - [Ellie Clutterbuck joins Economic Insight](https://www.economic-insight.com/2018/01/08/08-01-2018-ellie-clutterbuck-joins-economic-insight/) - We are delighted to welcome Ellie Clutterbuck to Economic Insight. Ellie joins the firm from a leading market research company, where she worked as an industry research analyst. She has a degree in Politics, Philosophy and Economics from the University of Exeter. - [SRA Report](https://www.economic-insight.com/2018/01/25/25-01-2018-sra-report/) - The Solicitors Regulation Authority (SRA) published Economic Insight’s report Price transparency in the conveyancing market, which includes the first large-scale consumer trial in the legal services market. The objective of this research was to better understand how consumers make decisions in relation to conveyancing; and how decisions are affected by the way prices are communicated and - [Selective Distribution Agreements](https://www.economic-insight.com/2018/02/01/01-02-2018-selective-distribution-agreements/) - Economic Insight is advising a multinational manufacturer in relation to its selective distribution agreements. - [Economic Insight advises Heathrow Airport](https://www.economic-insight.com/2018/02/09/09-02-2018-economic-insight-advises-heathrow-airport/) - Heathrow Airport has commissioned Economic Insight to advise on its approach to customer research and willingness to pay, in relation to the forthcoming H7 price control. - [Exclusive Distribution Agreements](https://www.economic-insight.com/2018/02/12/12-02-2018-exclusive-distribution-agreements-2/) - Economic Insight is advising a manufacturer of consumer electronics in relation to the effects of its exclusive distribution agreement with a major UK retailer. - [Economic Insight directors recognised in 2018 Who’s Who Legal awards](https://www.economic-insight.com/2018/02/16/16-02-2018-economic-insight-directors-recognised-2018-whos-legal-awards/) - Economic Insight directors and co-founders, James Harvey and Sam Williams, have been recognised in the Global Competition Review’s 2018 Who’s Who Legal awards for competition economists. This reflects our continued high-profile work and successes in the competition law space over recent years. We would like to thank our clients and peers for this recognition. - [Software Merger](https://www.economic-insight.com/2018/02/19/12-02-2018-exclusive-distribution-agreements/) - Economic Insight is advising a software supplier in relation to the competitive effects of a potential acquisition. - [CDR Winter Competition Litigation Symposium Sponsorship](https://www.economic-insight.com/2018/02/22/22-02-2018-cdr-winter-competition-litigation-symposium-sponsorship/) - Economic Insight sponsors CDR Winter Competition Litigation Symposium 2018. James Harvey, one of our Directors, will speak about the use and role of economics in UK class actions. The conference gathers legal practitioners and competition experts who discuss the key developments in the UK antitrust litigation landscape. - [D.A. and others v Secretary of State for Work and Pensions](https://www.economic-insight.com/2018/03/15/15-03-2018-d-a-and-others-v-secretary-of-state-for-work-and-pensions/) - Today, the Court of Appeal handed down its judgment in D.A. and others v Secretary of State for Work and Pensions. This judgment concerns the judicial review challenge to the revised, and significantly harsher, benefit cap legislation. The High Court held that the new cap did indeed discriminate unlawfully against lone parents of children under - [Thames Water Report](https://www.economic-insight.com/2018/03/20/20-03-2018-thames-water-report/) - Thames Water published Economic Insight's report Population Transience as a Driver of Household Retail Costs, which considers the extent to which population transience (transience) – the propensity of people to migrate – drives water companies’ household (HH) retail costs. The objective of this report is to test the strength of evidence that transience should be incorporated within - [James Harvey recognised by GCR’s Who’s Who Legal: Competition 2018](https://www.economic-insight.com/2018/04/18/18-04-2018-james-harvey-recognised-by-gcrs-whos-who-legal-competition-2018/) - James Harvey, one of our Directors, has been selected by the Global Competition Review’s (GCR) independent research with clients and peers for recognition in Who’s Who Legal: Competition 2018 – the guide to the world’s leading Competition experts. Economic Insight advises clients on all matters of competition policy and is involved in various commercial litigation - [Concurrences Article](https://www.economic-insight.com/2018/05/22/22-05-2018-concurrences-article/) - Concurrences has published a collection of articles discussing the implications of the Coty judgment for online selective distribution and platform bans, including an article by James Harvey, one of our Directors. The article can be downloaded from the publications section of this website. - [Economic Insight presents at Water Industry Performance conference](https://www.economic-insight.com/2018/05/31/31-05-2018-economic-insight-presents-at-water-industry-performance-conference/) - Earlier this month, the University of Loughborough hosted a conference on water industry performance. The event explored the themes of sectoral productivity and profitability - and approaches to cost assessment. Economic Insight Director, Sam Williams, co-presented our work in relation to retail cost benchmarking, alongside Loughborough‘s Dr Anthony Glass (an Associate at EI). Economic Insight - [SRA and Legal Ombudsman Report](https://www.economic-insight.com/2018/06/14/14-06-2018-sra-report/) - The Solicitors Regulation Authority (SRA) and the Legal Ombudsman published Economic Insight’s report Better information in the legal services market. Our research involved over 4,200 participants and sought to test how consumers’ decisions are affected by the way different regulatory protections – such as SRA regulation, access to the Legal Ombudsman, access to a Compensation Fund, - [Louisa Grieve joins Economic Insight](https://www.economic-insight.com/2018/06/18/18-06-2018-louisa-grieve-joins-economic-insight/) - Louisa Grieve has joined Economic Insight as our Team Admin Manager. Louisa will be responsible for the day-to-day operational side of our business, including recruitment and office administration. We are delighted to welcome her to the team. - [Aastha Mantri joins Economic Insight](https://www.economic-insight.com/2018/07/02/02-07-2018-aastha-mantri-joins-economic-insight/) - Economic Insight is delighted to announce the appointment of Aastha Mantri as a Senior Consultant. Aastha joins us from another economics consultancy firm, where she had extensive experience in relation to competition policy. - [Utility Week Article](https://www.economic-insight.com/2018/07/10/13-07-2018-utility-week-article/) - Economic Insight Director, Sam Williams, comments in Utility Week on the possible introduction of floors and caps on returns at RIIO2. The article can be downloaded from the publications section of this website. - [Economic Insight speaks at the Nuclear Decommissioning Authority’s 2018 stakeholder summit](https://www.economic-insight.com/2018/07/11/12-07-2018-economic-insight-speaks-at-the-nuclear-decommissioning-authoritys-2018-stakeholder-summit/) - At the Nuclear Decommissioning Authority’s 2018 stakeholder summit, Ian Thompson, a Senior Consultant at Economic Insight, presented the findings of our work on the economic impact of Magnox sites. Our work, which has also been published recently, quantifies the impact that the Magnox sites currently have on their local economies and explores what their potential future impact may be. - [Utility Week Article](https://www.economic-insight.com/2018/08/03/03-08-2018-utility-week-article/) - Ian Thompson, a Senior Consultant at Economic Insight, comments in Utility Week on risk and output delivery incentives for RIIO-2. The article can be downloaded from the publications section of this website. - [Competition dispute in bus industry resolved](https://www.economic-insight.com/2018/08/07/07-08-2018-competition-dispute-in-bus-industry-resolved/) - The dispute between Phil Anslow coaches and Stagecoach (Red and White) has been resolved, it was announced earlier this month. The settlement includes the construction of two new bus bays at Cwbran bus station, from which Phil Anslow will be able to provide additional services. Economic Insight were the economics advisors to Phil Anslow with respect to the competition law element of the dispute. - [Ellie Clutterbuck receives Distinction from the University of London](https://www.economic-insight.com/2018/08/07/07-08-2018-ellie-clutterbuck-receives-distinction-from-the-university-of-london/) - Congratulations to Ellie Clutterbuck, an experienced analyst at Economic Insight! After a year of very hard work (full time consulting and part time studying), Ellie has been awarded a Distinction in the Graduate Certificate in Quantitative Techniques for Economics and Finance from the University of London, Birkbeck. - [CAA Consultation](https://www.economic-insight.com/2018/08/30/30-08-2018-caa-consultation/) - The Civil Aviation Authority (CAA) is currently consulting on its approach to the economic regulation of Gatwick Airport Limited going forward. Economic Insight responded to the CAA’s consultation. We believe the Q6 commitment framework, developed through engagement with key stakeholders, is – in the main – an effective way to encourage a competitive service offer for customers. Our response can be downloaded from the publications section of this website. - [Water companies submit Business Plans to Ofwat](https://www.economic-insight.com/2018/09/03/03-09-2018-water-companies-submit-business-plans-to-ofwat/) - Today water companies in England and Wales submitted their 5-year Business Plans as part of the PR19 price control process. Ofwat will now begin scrutinising those plans, with its initial assessment due to be published on January 31st. As part of its drive to encourage transparency in the sector, company plans can be viewed or downloaded from Ofwat’s website. Economic Insight has worked extensively with our clients in the sector to help develop their plans, and a range of our expert reports have been submitted by companies as supporting evidence to their proposals. - [Healthcare UK Appointment](https://www.economic-insight.com/2018/09/12/12-09-2018-healthcare-uk-appointment/) - Healthcare UK – a joint initiative of the Department of Health and Social Care, NHS England and the Department for International Trade – have hired Economic Insight to develop a robust evidence base on the overseas demand for healthcare education and training. Our work will include providing a detailed financial model of the education and training opportunities available in the UK for key overseas markets. - [Utility Week Congress Sponsorship](https://www.economic-insight.com/2018/09/13/13-09-2018-utility-week-congress-sponsorship/) - Economic Insight sponsors Utility Week Congress 2018. Ian Thompson, one of our Senior Consultants, will speak about balancing uncertainty of returns and incentive power in the RIIO-2 price control. The conference gathers industry stakeholders and experts who discuss the key developments in the utilities sector and will be held in Birmingham on 9th and 10th October 2018. - [Severn Trent price optimisation in bioresources](https://www.economic-insight.com/2018/09/13/13-09-2018-severn-trent-price-optimisation-in-bioresources/) - Economic Insight is providing commercial strategy advice to Severn Trent, in relation to its bioresources pricing. Using a combination of statistic techniques to estimate price elasticities - and our powerful pricing scenario models – we are helping the client re-optimise its pricing strategy to reflect differences in capacity, value and efficiency. - [Carbon compensation scheme evaluation](https://www.economic-insight.com/2018/09/20/carbon-compensation-scheme-evaluation/) - The department for Business, Energy and Industrial Strategy (BEIS) has hired Economic Insight to evaluate the impact of carbon compensation schemes on energy intensive industries (EIIs). The compensation schemes are intended to mitigate the impact of energy policies that disproportionately impact energy costs for industries with high energy usage. Our work will blend extensive qualitative research with advanced econometric techniques ,in order to establish the impact of the schemes on firm behaviour. - [Utility Week Article](https://www.economic-insight.com/2018/09/21/21-09-2018-utility-week-article/) - Economic Insight Director, Sam Williams, assisted with the production of Utility Week’s CEO Insight 2018 report. The article can be downloaded from the publications section of this website. - [The 'Draft Pass-on Guidelines'](https://www.economic-insight.com/2018/10/08/08-10-2018-the-draft-pass-on-guidelines/) - Economic Insight and Bryan Cave Leighton Paisner LLP provided a joint response to the European Commission’s consultation on its draft Guidelines for national courts on how to estimate the share of overcharge which was passed on to indirect purchasers and final consumers. Our response can be downloaded from the publications section of this website. - [‘Fairness’ in pricing strategy design: new client commission](https://www.economic-insight.com/2018/10/08/08-10-2018-fairness-in-pricing-strategy-design-new-client-commission/) - Economic Insight is advising a building society as to how it can more explicitly incorporate the concept of ‘fairness’ into its pricing strategy. With ‘fairness’ moving up the regulatory and competition law agenda (see the Citizens Advice CMA Super Complaint) our Strategy Lab has developed a framework and analytical toolset that allows our clients to embed this thinking within broader commercial strategic-making. - [Economic Insight advises FMCG provider on brand strategy](https://www.economic-insight.com/2018/10/12/12-10-2018-economic-insight-advises-fmcg-provider-on-brand-strategy/) - Following the development of our brand authenticity measure, in conjunction with leading academics at Birmingham and Oxford Universities, Economic Insight is advising a FMCG provider on its UK brand strategy. Our work will help the client identify the brand authenticity attributes that most drive consumer behaviour. We will then advise the client as to how it can best reposition its brand, to maximise its overall value. - [Economic Insight sponsors Thomson Reuters competition law conference](https://www.economic-insight.com/2018/10/22/22-10-2018-economic-insight-sponsors-thomson-reuters-competition-law-conference/) - Economic Insight is sponsoring Thomson Reuters 5th competition law conference, which will be held on 13 November in London. Christopher Pickard, a Senior Consultant at Economic Insight, will present in a session devoted to “competition law and the digisphere”. - [Ofwat amends Severn Trent Water ODI cap.](https://www.economic-insight.com/2018/12/13/ofwat-amends-severn-trent-water-odi-cap/) - Ofwat has today published its decision to increase the cap on outperformance payments Severn Trent Water can receive relating to its outcomes delivery incentives. The cap has been increased from 2.0% to 2.6% return on equity. Ofwat estimates that this could be worth up to £45m in allowed revenues to the company. Economic Insight advised Severn Trent on its application to Ofwat. - [Khaldia Al Kasm promoted to Consultant](https://www.economic-insight.com/2019/01/07/07-01-2019-khaldia-al-kasm-promoted-to-consultant/) - We are delighted to announce that Khaldia Al Kasm has been promoted to Consultant. Khaldia joined Economic Insight in mid-2017 with a MSc in Economics from UCL. Since then, she has progressed rapidly and has made a fantastic contribution to all of our practice areas. Congratulations and thank you Khaldia! - [Economic Insight advises DIT on FDI evaluation framework](https://www.economic-insight.com/2019/01/10/10-01-2019-economic-insight-advises-dit-on-fdi-evaluation-framework/) - The Department for International Trade has hired Economic Insight to develop a monitoring and evaluation framework to help assess the effectiveness of its foreign direct investment (FDI) support policies. The uncertainty currently facing the UK economy means that understanding which policies most effectively support FDI is crucial and we look forward to advising DIT on this strategically vital subject. - [DCMS hospitality and tourism skills mapping](https://www.economic-insight.com/2019/01/18/18-01-2019-dcms-hospitality-and-tourism-skills-mapping/) - The Department for Digital, Culture, Media and Sport has commissioned Economic Insight to undertake a detailed analysis of the labour market for hospitality and tourism. Our aim is to help DCMS develop a ‘map’ of skills requirements and the current labour supply conditions, with a view of better understanding existing “gaps” and the potential barriers to address them. - [Ofwat publishes Initial Assessment of Plans](https://www.economic-insight.com/2019/01/31/31-01-2019-ofwat-publishes-initial-assessment-of-plans/) - Ofwat today published its initial assessment of company business plans at PR19. Three companies were awarded ‘fast track’ status: Severn Trent Water, South West Water and United Utilities. Companies have until April 1st to respond to the IAP and Economic Insight is advising a number of firms on their regulatory strategy. - [CMA refers Tobii / Smartbox merger to Phase 2](https://www.economic-insight.com/2019/02/08/08-02-2019-cma-refers-tobii-smartbox-merger-to-phase-2/) - Today the CMA referred the completed merger of Tobii AB and Smartbox / Sensory Technology for a Phase 2 investigation. Economic Insight is advising Tobii on the economics issues associated with the merger clearance process. - [Economic Insight speaks at the Westminster Forum ‘The future for regulation and competition for UK utilities’](https://www.economic-insight.com/2019/02/26/26-02-2019-economic-insight-speaks-at-the-westminster-forum-the-future-for-regulation-and-competition-for-uk-utilities/) - Today, Ian Thompson, a senior consultant at Economic Insight, spoke at the Westminster Forum ‘The future for regulation and competition for UK utilities’. He spoke about the direction of travel of UK regulation, and how we can achieve the best regulatory models in the future given the trade-offs faced. - [Economic Insight speaks at the Competition Commission of India conference](https://www.economic-insight.com/2019/03/01/01-03-2019-economic-insight-speaks-at-the-competition-commission-of-india-conference/) - James Harvey (Director and Co-Founder) and Aastha Mantri (Senior Consultant) were invited to speak at the CCI conference on Economics of Competition Law. James talked about the growing concern around the role of fairness in competition policy while Aastha discussed the emerging themes around practical enforcement of the Competition Act by the CCI. - [Sarah Barker and Kyran Stewart join Economic Insight](https://www.economic-insight.com/2019/03/04/04-03-2019-sarah-barker-and-kyran-stewart-join-economic-insight/) - We are delighted to welcome both Sarah Barker and Kyran Stewart to Economic Insight. Prior to joining us, Sarah worked for Zurich Insurance and has previously interned at BNP Paribas and Cargill. She has a BSc in Economics and an MSc in Economics and Finance from the University of Bristol. Kyran has previously interned at Cebr, he also has a BSc in Economics from the University of Bristol, followed by an MSc in Economics at University College London. - [Send for Help / SoloProtect merger notified to CMA](https://www.economic-insight.com/2019/03/13/13-03-2019-send-for-help-soloprotect-merger-notified-to-cma/) - The merger between lone worker protection service providers – Send for Help and SoloProtect – has been notified to the CMA. Economic Insight is advising the parties during the merger clearance process. - [Economic Insight sponsors the Westminster Business Forum](https://www.economic-insight.com/2019/04/23/23-04-2019-economic-insight-sponsors-the-westminster-business-forum/) - Economic Insight is now a proud sponsor of the Westminster Business Forum. The Westminster Business Forum organises senior-level conferences on public policy relating to business and financial issues. We will be working with the Forum to shape its future agenda of conferences. - [Economic Insight advises water companies on response to Ofwat’s IAP.](https://www.economic-insight.com/2019/05/01/01-05-2019-economic-insight-advises-water-companies-on-response-to-ofwats-iap/) - The water industry has been working to develop responses to Ofwat’s Initial Assessment of company plans. Economic Insight has been working with multiple companies to help them develop high quality economics evidence to help influence Ofwat’s approach to the forthcoming draft price determinations. This has included providing Board level briefings on the key strengths and weaknesses in company plans. - [Economic Insight is working alongside leading law firm in India](https://www.economic-insight.com/2019/05/01/01-05-19-economic-insight-is-working-alongside-leading-law-firm-in-india/) - Economic Insight is working alongside AZB & Partners to assist major international airlines in undertaking a competition assessment under the Competition Act 2002 for submission to the Competition Commission of India. - [Economic Insight hired by Wessex Water](https://www.economic-insight.com/2019/06/05/05-06-2019-economic-insight-hired-by-wessex-water/) - Economic Insight is undertaking analysis for Wessex Water to explore how negative skews to outcomes incentives might impact the industry’s weighted average cost of capital. This follows on from our broader assurance support provided in relation to the development of Wessex’s PR19 Business Plan. - [Economic Insight sponsors Utility Week Congress](https://www.economic-insight.com/2019/06/21/21-06-2019-economic-insight-sponsors-utility-week-congress/) - Economic Insight has been confirmed as a sponsor of the forthcoming Utility Week Congress. The event takes place on October 8th and 9th and Economic Insight Director, Sam Williams, will give a keynote speech on the topic of “regulating for zero carbon” in the energy and water sectors. - [SRA commissions Economic Insight to develop evaluation framework for reforms](https://www.economic-insight.com/2019/07/09/09-07-2019-sra-commissions-economic-insight-to-develop-evaluation-framework-for-reforms/) - The Solicitors Regulation Authority (SRA) has commissioned Economic Insight to develop an evaluation framework for its Looking to the Future (LTTF) reforms. The LTTF reforms, which will be implemented in November 2019 in full, bring about far reaching changes to the legal services market and the way consumers will be able to access legal services. The evaluation framework will provide guidance to the SRA on how best to monitor and evaluate the impact of these reforms once they are implemented later in the year. - [Economic Insight sponsors Competition Litigation Symposium](https://www.economic-insight.com/2019/07/31/31-07-2019-economic-insight-sponsors-competition-litigation-symposium/) - Economic Insight is sponsoring the CDR Competition Litigation Symposium being held in London on 14.11.2019. We look forward to catching up with colleagues there. - [Economic Insight economists voted as leading practitioners for competition economics](https://www.economic-insight.com/2019/08/07/07-08-2019-economic-insight-economists-voted-as-leading-practitioners-for-competition-economics/) - James Harvey and Sam Williams have both been voted by peers and clients as amongst the world’s leading practitioners for competition economics. They have been included in both the Who’s Who Legal: Competition 2019 and Experts guides. - [Paul Stoddart joins Economic Insight](https://www.economic-insight.com/2019/08/19/19-08-2019-paul-stoddart-joins-economic-insight/) - Economic Insight is delighted to announce the appointment of Paul Stoddart as a Senior Consultant. Paul joins us from another economics consultancy firm, where he advised extensively on competition matters. - [MOSL appoints Economic Insight to help undertake strategic review](https://www.economic-insight.com/2019/08/20/20-08-2019-mosl-appoints-economic-insight-to-help-undertake-strategic-review/) - MOSL – the market operator of England’s non-household water market – has appointed Economic Insight to help undertake a strategic review of its market performance framework (MPF). The purpose of the MPF is to ensure that the market operations – such as switching processes – happen to a high standard. The strategic review involves a ‘root and branch’ assessment of whether changes to the existing MPF could improve market operations to the benefit of non-household customers. - [Economic Insight report referenced by multiple water companies in PR19 representations to Ofwat](https://www.economic-insight.com/2019/08/30/30-08-19-economic-insight-report-referenced-by-multiple-water-companies-in-pr19-representations-to-ofwat/) - Anglian Water, Northumbrian Water, Welsh Water and Yorkshire Water used Economic Insight’s report on financeability of the notional firm to support their PR19 representations to Ofwat today. - [Economic Insight presents at a Westminster policy conference on competition in the digital economy  ](https://www.economic-insight.com/2019/09/10/10-09-19-economic-insight-presents-at-a-westminster-policy-conference-on-competition-in-the-digital-economy/) - Senior consultant, Aastha Mantri, spoke in a panel discussing transparency, competition and remuneration issues in the digital advertising value chain. - [DIT appoints Economic Insight as advisor on project to identify trends in industrial demand](https://www.economic-insight.com/2019/09/11/11-09-19-dit-appoints-economic-insight-as-advisor-on-project-to-identify-trends-in-industrial-demand/) - Economic Insight is once again working with the Department for International Trade on a strategic project to collect evidence on forecasting trends in industrial demand. - [Tobii appeals merger decision to the CAT](https://www.economic-insight.com/2019/09/16/16-09-2019-tobii-appeals-merger-decision-to-the-cat/) - The Competition Appeals Tribunal has today published an application on behalf of Tobii AB (a manufacturer of adaptive and assistive communication technology for the disabled) for a review of the Competition and Market Authority’s decision to block the company’s merger with Smartbox. The grounds of Tobii’s appeal include claimed failings of procedural fairness and a failure by the CMA to collect sufficiently relevant and reliable evidence. Economic Insight are advising Tobii in relation to the merger decision appeal. - [Marie Kraihammer and Anthony Zhang join Economic Insight](https://www.economic-insight.com/2019/09/23/23-09-2019-marie-kraihammer-and-anthony-zhang-join-economic-insight/) - We are delighted to welcome both Marie Kraihammer and Anthony Zhang to Economic Insight. Prior to joining us, Marie interned for European Economic and Marketing Consultants, Austrian Central Bank, Commerzbank Business Consulting, Fulcrum Consulting and REWE Group. She has a BSc Business Administration and an MSc in Economics from the London School of Economics. Anthony has previously interned for LSE, Crosschain OU, Huatai Securities and Jacobs Engineering Group. He also has a BSc in Economics from the London School of Economics, followed by an MSc in Behavioural and Economic Science at the University of Warwick. - [Economic Insight develops options for locational signals in electricity market](https://www.economic-insight.com/2019/10/22/22-10-2019-economic-insight-develops-options-for-locational-signals-in-electricity-market/) - Economic Insight has been asked by Bord Gais to develop short-term and long-term options for improving the locational signals (including transmission loss adjustment factors) provided to market participants in the Ireland Single Electricity Market. - [DCMS report](https://www.economic-insight.com/2019/10/23/16-10-2019-dcms-report/) - The Department for Digital, Culture, Media and Sport (DCMS) published Economic Insight’s report Hospitality and Tourism workforce landscape: A research report mapping the sector workforce landscape, which includes a mixed methodology approach. The objective of this research was to provide a comprehensive data analysis of the Hospitality and Tourism workforce and existing sector skills in the UK. The report can be downloaded from the publications section of this website. - [Economic Insight sponsors CDR Autumn Competition Litigation Symposium](https://www.economic-insight.com/2019/11/14/14-11-2019-economic-insight-sponsors-cdr-autumn-competition-litigation-symposium/) - Today, James Harvey spoke at CDR’s Autumn Competition Litigation Symposium. He gave an economist’s perspective on the issues raised by the BritNed vs ABB judgment and the subsequent appeals. - [Economic Insight advises Electricity North West on benefits tracking](https://www.economic-insight.com/2019/11/21/21-11-2019-economic-insight-advises-electricity-north-west-on-benefits-tracking/) - Economic Insight has been hired by Electricity North West (ENWL) to develop an approach to systematically tracking and quantifying the economic, social and environmental benefits of investing in electricity distribution. - [Economic Insight hired by the British Association of Concert Halls and others](https://www.economic-insight.com/2019/11/26/26-11-2019-economic-insight-hired-by-the-british-association-of-concert-halls-and-others/) - Economic Insight has been asked by the British Association of Concert Halls (BACH) and others to review and evaluate proposals to increase the royalties for the use of classical music in live events. - [NATS price control appeal](https://www.economic-insight.com/2019/12/02/02-12-2019-nats-price-control-appeal/) - The CMA today published the Statement of Case by NATS (National Air Traffic Services) in relation to its appeal of the Civil Aviation Authority’s (CAA) price control for RP3. NATS’ Statement of Case highlighted the weighted average cost of capital as being a key area of focus during the CMA’s redetermination. Economic Insight is advising - [Ofwat approves incentive scheme designed by Economic Insight](https://www.economic-insight.com/2020/01/01/01-01-2020-ofwat-approves-incentive-scheme-designed-by-economic-insight/) - Today, MOSL implemented a new algorithm for redistributing the charges trading parties pay for failing to meet certain standards relating to the efficient operation of the water market for business customers. Economic Insight, with input from MOSL, the MPC and Ofwat, designed the new algorithm to ensure that it did not dilute the incentives trading - [Economic Insight Promotions](https://www.economic-insight.com/2020/01/02/02-01-2020-economic-insight-promotions/) - We are delighted to announce several promotions at Economic Insight: - Eleanor Clutterbuck, Alasdair Crookes and Penelope Banks have been promoted to Consultant. - Madeleine Matos has been promoted to Senior Consultant. - Ian Thompson and Christopher Pickard have been promoted to Principal. Their promotions recognise the fantastic contributions they have made to Economic - [EI publishes NATS price control appeal reports](https://www.economic-insight.com/2020/01/10/10-01-2019-ei-publishes-nats-price-control-appeal-reports/) - We have today published various reports relating to NATS’ appeal of the CAA’s RP3 price control to the CMA. The reports can be found in the publications section of our website. - [Yorkshire Water seeks CMA redetermination](https://www.economic-insight.com/2020/02/10/10-02-2020-yorkshire-water-seeks-cma-redetermination/) - Yorkshire Water has today announced that it has rejected Ofwat’s Final Determination of its prices for the next 5 years. The company will now seek a redetermination at the CMA. The company has indicated that it is concerned with its penalty risk exposure under Ofwat’s determination, combined with an undue focus on short term cost - [Aastha Mantri speaks at CCI conference in Delhi](https://www.economic-insight.com/2020/03/09/06-03-2020-aastha-mantri-speaks-at-cci-conference-in-delhi/) - Today, Aastha Mantri, a Senior Consultant at Economic Insight, joined an expert panel at the Competition Commission of India’s (CCI) economics of competition law conference held in Delhi. She discussed the implications of a recent international technology merger for the use of customer surveys in competition cases. - [Article on an econometric approach to estimating commercial damages published](https://www.economic-insight.com/2020/03/23/23-03-2020-article-on-an-econometric-approach-to-estimating-commercial-damages-published/) - Two members of our team, Sam Williams and Christopher Pickard, have written an article that has been published in Commercial Dispute Resolution. In it they assess the use of regression analysis in commercial damages estimation, and how it can provide a more robust estimation technique than simple bottom-up approaches. - [David Sookias joins Economic Insight](https://www.economic-insight.com/2020/03/23/23-03-2020-david-sookias-joins-economic-insight/) - We are delighted to welcome David Sookias to Economic Insight. Prior to joining us, David worked for Atkins in the Rail Advisory team which forms part of the Transport Consulting business. He has a BSc in Economics from the University of Bristol and an MSc in Economics from University College London - [CMA published Provisional Findings for NATS](https://www.economic-insight.com/2020/03/24/24-03-2020-cma-published-provisional-findings-for-nats/) - Today the CMA published its PFs relating to the redetermination of NATS’ (the UK’s air traffic control provider) price control for RP3. Overall, the CMA awarded NATS £63m of additional revenues, relative to those initially set by the CAA (its regulator), meaning NATS as won back 30% of the revenue gap. Economic Insight advised NATS - [Economic Insight advises Severn Trent Water on their long-term strategy](https://www.economic-insight.com/2020/05/29/29-05-20-economic-insight-advises-severn-trent-water-on-their-long-term-strategy/) - Economic Insight recently undertook an analysis of the key ‘macro’ trends that are anticipated to affect Severn Trent Water’s business over the next 30 years. Economic Insight carefully considered the implications of this work on longer-term strategy choices. - [Economic Insight sponsors the Advanced EU Competition Law 2020](https://www.economic-insight.com/2020/06/17/17-06-2020-economic-insight-sponsors-the-advanced-eu-competition-law-2020/) - Economic Insight is proud to be sponsoring the Advanced EU Competition Law 2020 virtual conference being held between 7 - 9 September. One of our senior consultants, Paul Stoddart, will be sharing his insights on the trends in the European Commission’s enforcement of Article 102 in digital markets. - [Economic Insight co-authors paper on COVID deaths](https://www.economic-insight.com/2020/07/04/04-07-20-economic-insight-co-authors-paper-on-covid-deaths/) - In conjunction with Professors Anthony and Karli Glass, Economic Insight has today published a Working Paper, setting out statistical approaches to provide a more robust measure of COVID deaths in England and Wales. The paper finds that the standard ‘excess deaths’ measure is over-stated, likely containing significant non-COVID deaths. The paper further finds that lockdown - [Ofgem publishes energy draft determinations](https://www.economic-insight.com/2020/07/09/09-07-20-ofgem-publishes-energy-draft-determinations/) - Ofgem today published its Draft Determinations for the RIIO-2 price controls relating to Transmission, Gas Distribution and Electricity System Operator. The determinations reveal significant gaps between the regulator and companies relating to cost allowances. The consultation process closes on September 4 and companies have until then to develop further evidence to influence the outcome of - [Journal paper on retail cost benchmarking published](https://www.economic-insight.com/2020/07/23/23-07-20-journal-paper-on-retail-cost-benchmarking-published/) - The International Journal of the Economics of Business has published a paper on water retail cost benchmarking. The paper is authored by Chris Pickard and Sam Williams (Economic Insight) and Professors Anthony Glass (University of Sheffield) and Professor Karli Glass (Loughborough University). The published research examines ways of estimating the efficiency of water company retail - [Daily Telegraph reports on EI COVID study](https://www.economic-insight.com/2020/07/30/30-07-2020-daily-telegraph-reports-on-ei-covid-study/) - The Daily Telegraph today reported on our study that seeks to establish a more robust measure of COVID deaths. In doing so, the paper highlights our finding that, due to unintended consequences, the UK lockdown may have already resulted in over 21,000 extra deaths (i.e. it has killed more people than it saved). - [CMA publishes water Provisional Findings](https://www.economic-insight.com/2020/09/29/29-09-2020-cma-publishes-water-provisional-findings/) - The CMA has today published its Provisional Findings in relation to its redetermination of the PR19 price controls for Anglian; Bristol; Northumbrian; and Yorkshire Water. The provisional decisions imply a significant increase in allowed revenues for the companies and represent a landmark in regulatory appeals. Economic Insight is the lead advisor to Yorkshire Water and - [Economic Insight comment on The FCA's ban on insurance price-walking](https://www.economic-insight.com/2020/10/02/02-10-2020-economic-insight-comment-on-the-fcas-ban-on-insurance-price-walking/) - Two of our analysts, Kyran Stewart and Tom Elder, have shared their insights on the FCA's recent ban on price-walking in insurance. - [Every Little Helps: Calculating Interest in Consumer Claims](https://www.economic-insight.com/2020/10/12/12-10-2020-every-little-helps-calculating-interest-in-consumer-claims/) - Two of our colleagues, Christopher Pickard and James Harvey, have written an article assessing the calculation and application of interest in consumer claims, which has been published in International Comparative Legal Guide - Competition Litigation. This material was first published in the ICLG - Competition Litigation. - [CAT sets trial dates for trucks cartel litigation](https://www.economic-insight.com/2020/10/30/30-10-2020-cat-sets-trial-dates-for-trucks-cartel-litigation/) - The Competition Appeal Tribunal (CAT) has recently set the first and second trial dates in relation to the on-going trucks cartel litigation. Royal Mail Group and BT’s trial is set for 2022 and Dawsongroup’s trial is set for 2023. Economic Insight are the economic advisors to these claimants. - [Natalie Luyt joins Economic Insight](https://www.economic-insight.com/2020/11/02/02-11-2020-natalie-luyt-joins-economic-insight/) - We are delighted to welcome Natalie Luyt to Economic Insight. Prior to joining us, Natalie completed her BA and BCom Honours in Economics at The University of Stellenbosch in South Africa and her MSc in Management and Strategy at the London School of Economics and Political Science. She has previously interned at another economic consultancy - [Economic Insight Promotions](https://www.economic-insight.com/2021/01/04/04-01-2021-economic-insight-promotions/) - We are delighted to announce several promotions at Economic Insight: – Anthony Zhang, Kyran Stewart, Marie Theres Kraihammer and Sarah Barker have all been promoted from Analyst to Consultant. – Aastha Mantri and Paul Stoddart have been promoted from Senior Consultant to Principal. Their promotions recognise the fantastic contributions they have made to Economic Insight - [CMC for the on-going trucks cartel litigation](https://www.economic-insight.com/2021/04/26/26-04-2021-cmc-for-the-on-going-trucks-cartel-litigation/) - A case management conference (CMC) is being held on 5th and 6th May in relation to the on-going trucks cartel litigation. Economic Insight are the economic advisors to the Dawsongroup claimants, who are being heard in this case. ## Pages - [Home](https://www.economic-insight.com/) - Economics consulting agency based in London, UK. 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[Natalie Vriend](https://www.economic-insight.com/our-team/natalie-vriend/) - Natalie has a deep understanding of economic theory, with a strong technical grounding to support her application of this expertise. - [](https://www.economic-insight.com/47022-2/) - [et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_color=”#151A54″ use_background_color_gradient=”on” background_color_gradient_stops=”#151a54 0%|#414987 100%” background_color_gradient_start=”#151a54″ background_color_gradient_end=”#414987″ background_enable_image=”off” background_position=”top_center” background_video_mp4=”https://www.economic-insight.com/wp-content/uploads/2021/07/EI-HomePage-Video-Darker3.mp4″ custom_margin=”-9px||||false|false” custom_padding=”||9px|||” bottom_divider_style=”arrow2″ bottom_divider_color=”#152663″ global_colors_info=”{}”][et_pb_row column_structure=”1_5,3_5,1_5″ _builder_version=”4.27.4″ _module_preset=”default” width=”84%” max_width=”100%” custom_padding=”6px|||||” global_colors_info=”{}”][et_pb_column type=”1_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][/et_pb_column][et_pb_column type=”3_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][dipl_double_color_heading heading_pre_part=”WELCOME TO ECONOMIC INSIGHT” heading_main_part=”WE MAKE ECONOMICS RELEVANT” display_in_stack=”on” _builder_version=”4.27.4″ _module_preset=”default” global_heading_settings_level=”h1″ global_heading_settings_text_align=”center” pre_header_font=”Saira Extra Condensed|500|||||||” pre_header_text_color=”#79C69D” pre_header_font_size=”35px” pre_header_letter_spacing=”3px” main_header_font=”Saira Extra - [Latest News (Test)](https://www.economic-insight.com/latest-news-test/) - [et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ background_image=”https://www.economic-insight.com/wp-content/uploads/2021/05/news-header-1.png” background_size=”contain” background_position=”top_left” custom_margin=”0px||||false|false” custom_padding=”50px||||false|false” background_last_edited=”on|desktop” background_position_phone=”top_left” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” min_height=”171px” min_height_tablet=”” min_height_phone=”” min_height_last_edited=”on|phone” custom_margin_tablet=”-31px||||false|false” custom_margin_phone=”-20px||||false|false” custom_margin_last_edited=”on|desktop” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][dipl_double_color_heading heading_main_part=”LATEST NEWS” display_in_stack=”on” _builder_version=”4.16″ _module_preset=”default” global_heading_settings_text_align=”left” pre_header_font=”|600|||||||” pre_header_text_color=”#AB91D6″ pre_header_font_size=”22px” pre_header_letter_spacing=”5px” pre_header_line_height=”1.8em” main_header_font=”Saira Extra Condensed|700|||||||” main_header_font_size=”85px” main_header_letter_spacing=”9px” main_header_line_height=”1.1em” post_header_font=”||||||||” post_header_text_color=”#7687C2″ post_header_font_size=”23px” custom_margin=”42px|||||” custom_margin_tablet=”” custom_margin_phone=”0px||||false|false” custom_margin_last_edited=”on|phone” main_header_font_size_tablet=”75px” main_header_font_size_phone=”50px” main_header_font_size_last_edited=”on|desktop” main_header_letter_spacing_tablet=”” main_header_letter_spacing_phone=”6px” - [William Ward](https://www.economic-insight.com/our-team/william-ward/) - Will has extensive experience using data and economic theory to answer questions across a range of sectors, having spent time in both economics research and consulting. - [Sneha Saravanan](https://www.economic-insight.com/our-team/sneha-saravanan/) - Sneha has a master’s degree in economics at the London School of Economics and Political Science (LSE) developing strong technical and problem-solving skills. - [Aastha Mantri](https://www.economic-insight.com/our-team/aastha-mantri/) - Aastha has nearly a decade of experience in advising clients on a breadth of economics issues related to competition, litigation, regulation, and public policy. - [Louisa Grieve](https://www.economic-insight.com/our-team/louisa-grieve/) - Louisa is responsible for the day-to-day operational side of the business, helping us organise our recruitment processes, marketing, client engagements and office administration. - [Natalie Luyt](https://www.economic-insight.com/our-team/natalie-luyt/) - Since joining Economic Insight, Natalie has developed experience across our competition, regulation, and public policy practice areas. - [Loy Chen](https://www.economic-insight.com/our-team/loy-chen/) - Loy has several years’ experience as a professional economist, particularly in employing economic theory to solve complex policy issues. - [Timothy Brittian](https://www.economic-insight.com/our-team/timothy-brittian/) - Timothy studied for a Bachelors Degree in Economics at the University of Cambridge, leaving him well equipped to draw from economic theory and apply it to in-depth analyses over a range of situations. - [Johannes Boch](https://www.economic-insight.com/johannes-boch/) - Before joining EI, Johannes studied for a master’s degree in economics at the University of Cambridge, applying economic theory to a broad range of issues - [David Arnett](https://www.economic-insight.com/our-team/david-arnett/) - Prior to joining Economic Insight, David studied for a master’s degree in Economics at the University of Warwick. - [Contact](https://www.economic-insight.com/contact/) - How can we help? Get in touch with out expert economic consultancy team. 125 Old Broad Street | London | EC2N 1AR | info@economic-insight.com | 0207 100 3746 - [Dr Luke Garrod](https://www.economic-insight.com/our-team/dr-luke-garrod/) - Luke is a Senior Lecturer in Economics at Loughborough University. His research uses advanced theoretical techniques to model the incentives of firms. - [Professor Karli Glass](https://www.economic-insight.com/our-team/professor-karli-glass/) - Karli is a Professor of Financial Economics at Loughborough and previously worked as a Cost Effectiveness Modeller at the University of Sheffield. - [Dr Donna Harris](https://www.economic-insight.com/our-team/dr-donna-harris/) - Donna is a leading researcher in behavioural and experimental economics based at the University of Oxford covering the disciplines of economics, psychology and neuroscience. - [Dr Christopher Wilson](https://www.economic-insight.com/our-team/dr-christopher-wilson/) - Chris is a Senior Lecturer in Economics at Loughborough University. His research spans industrial organisation and behavioural economics, with particular interests in consumer information, consumer switching, advertising, and pricing. - [Professor Anthony Glass](https://www.economic-insight.com/our-team/professor-anthony-glass/) - Anthony is a Professor of Managerial Economics at the University of Sheffield. Prior to his current position he was a member and Deputy Director of the prestigious Centre for Productivity and Performance. - [Maheen Motlib](https://www.economic-insight.com/our-team/maheen-motlib/) - Maheen has a great understanding and passion for microeconomics and econometrics. His most recent work analysed the impact of COVID-19 lockdowns on mental health. - [Madeleine Matos](https://www.economic-insight.com/our-team/madeleine-matos/) - Madeleine specialises in applying behavioural and experimental economics to help answer competition and regulatory questions for our clients. - [Kyran Stewart](https://www.economic-insight.com/our-team/kyran-stewart/) - Kyran works across our practice areas, including: competition, litigation, regulation, and public policy, particularly adept at learning and applying technical analysis. - [Joe Minichiello](https://www.economic-insight.com/our-team/joe-minichiello/) - Joe completed an MSc in Economics for Development at the University of Oxford (with distinction) where he researched the impact of environmental shocks on household resource allocation. - [Hywel Cleverdon](https://www.economic-insight.com/our-team/hywel-cleverdon/) - [et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_color=”#414987″ background_image=”https://www.economic-insight.com/wp-content/uploads/2021/05/Master-DarkBG-scaled.jpg” custom_padding=”||106px|||” bottom_divider_style=”arrow3″ bottom_divider_color=”#FFFFFF” global_colors_info=”{}”][et_pb_row column_structure=”3_5,2_5″ custom_padding_last_edited=”on|phone” _builder_version=”4.16″ _module_preset=”default” width=”100%” max_width=”1389px” custom_margin_tablet=”” custom_margin_phone=”” custom_margin_last_edited=”on|phone” custom_padding=”|20px||20px|false|false” custom_padding_tablet=”” custom_padding_phone=”|0px||0px|false|false” animation_style=”flip” animation_direction=”left” global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” header_font_size=”66px” header_line_height=”1.1em” header_2_font_size=”41px” width=”100%” width_tablet=”” width_phone=”80%” width_last_edited=”on|phone” min_height=”144px” min_height_tablet=”” min_height_phone=”” min_height_last_edited=”on|phone” custom_margin=”64px||14px|80px|false|false” custom_margin_tablet=”” custom_margin_phone=”0px||14px|30px|false|false” custom_margin_last_edited=”on|phone” custom_padding=”||0px|||” global_colors_info=”{}”] Hywel Cleverdon Senior Consultant [/et_pb_text][et_pb_divider color=”#79C69D” _builder_version=”4.16″ - [Ellie Clutterbuck](https://www.economic-insight.com/our-team/ellie-clutterbuck/) - Ellie is especially skilled at working closely with clients to help translate economics principles and analysis into practical advice that they can use. - [Ed Mills](https://www.economic-insight.com/our-team/ed-mills/) - [et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_color=”#414987″ background_image=”https://www.economic-insight.com/wp-content/uploads/2021/05/Master-DarkBG-scaled.jpg” custom_padding=”||106px|||” bottom_divider_style=”arrow3″ bottom_divider_color=”#FFFFFF” global_colors_info=”{}”][et_pb_row column_structure=”3_5,2_5″ custom_padding_last_edited=”on|phone” _builder_version=”4.16″ _module_preset=”default” width=”100%” max_width=”1389px” custom_margin_tablet=”” custom_margin_phone=”” custom_margin_last_edited=”on|phone” custom_padding=”|20px||20px|false|false” custom_padding_tablet=”” custom_padding_phone=”|0px||0px|false|false” animation_style=”flip” animation_direction=”left” global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.18.0″ _module_preset=”default” header_font_size=”66px” header_line_height=”1.1em” header_2_font_size=”41px” width=”100%” width_tablet=”” width_phone=”80%” width_last_edited=”on|phone” min_height=”144px” min_height_tablet=”” min_height_phone=”” min_height_last_edited=”on|phone” custom_margin=”64px||14px|80px|false|false” custom_margin_tablet=”” custom_margin_phone=”0px||14px|30px|false|false” custom_margin_last_edited=”on|phone” custom_padding=”||0px|||” global_colors_info=”{}”] Ed Mills Principal [/et_pb_text][et_pb_divider color=”#79C69D” _builder_version=”4.16″ _module_preset=”default” - [Adam Hunt](https://www.economic-insight.com/our-team/adam-hunt/) - Prior to joining Economic Insight, Adam studied for a bachelor's degree in Economics at the University of Cambridge. During this time, he focussed on both Industrial Organisation and Econometric methods. - [Ian Thompson](https://www.economic-insight.com/our-team/ian-thompson/) - Ian has over a decade of experience of advising public and private sector clients on a range of economics issues. - [Chris Pickard](https://www.economic-insight.com/our-team/chris-pickard/) - Christopher has over a decade of experience as a professional economist in both the private and public sectors; and has advised clients in a wide range of sectors. - [Sam Williams](https://www.economic-insight.com/our-team/sam-williams/) - Sam Williams is a Director and co-founder of Economic Insight, with over two decades of experience. He is a leading economist, known for helping clients solve key strategic problems. - [James Harvey](https://www.economic-insight.com/our-team/james-harvey/) - James Harvey is a co-founder and Director of Economic Insight, with 20 years of experience, specialising in quantitative techniques to help clients involved in competition and regulatory matters. - [PRIVACY POLICY](https://www.economic-insight.com/privacy-policy/) - Economic Insight Ltd retains information about existing, past and potential clients; and other individuals, firms and organisations with whom we interact, view our privacy policy here. - [Terms & Conditions](https://www.economic-insight.com/terms-conditions/) - Economic Insight Ltd owns the copyright to the content of this website. 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[News](https://www.economic-insight.com/news/) - Explore the latest economic news, analysis, features and company updates from the Economic Insight team. - [Regulatory Determinations at PR24](https://www.economic-insight.com/regulatory-determinations-at-pr24/) - [et_pb_section fb_built=”1″ admin_label=”Hero” _builder_version=”4.22.1″ background_color=”#1a1e36″ background_image=”https://www.economic-insight.com/wp-content/uploads/2023/09/Economic-Insight-Invitation.png” custom_padding=”80px||87px|||” locked=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.22.1″ _module_preset=”default” width=”85%” max_width=”1131px” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.22.1″ header_4_font=”Overpass|700||on|||||” header_4_text_align=”center” header_4_text_color=”#ffffff” header_4_font_size=”36px” header_4_letter_spacing=”6px” custom_margin=”||12px|||” global_colors_info=”{}”] Achieving successful regulatory OUTCOMES at PR24 – FROM OFWAT TO THE CMA [/et_pb_text][et_pb_divider color=”#79C69D” divider_weight=”6px” _builder_version=”4.16″ _module_preset=”default” width=”5%” module_alignment=”center” custom_margin=”20px||||false|false” scroll_vertical_motion=”0|50|50|100|1|0|-1″ global_colors_info=”{}”][/et_pb_divider][/et_pb_column][/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.17.4″ global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.16″ - 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[Competition](https://www.economic-insight.com/practice-areas/competition/) - Delivering compelling economic insights for competition cases. We work with in-house & external legal firms to help clients make critical business decisions. - [Publications](https://www.economic-insight.com/publications/) - Read our latest client reports, economic insights & opinion pieces. We explore key economics issues across a variety of business sectors & public policy areas. - [Regulation](https://www.economic-insight.com/practice-areas/regulation/) - Expert regulation advice & financial modelling. We work with clients to perform cost assessments, risk analysis & develop detailed regulatory business plans. - [Public Policy](https://www.economic-insight.com/practice-areas/public-policy/) - Advising policy teams to reach evidence-based decisions. We help design, analyse & influence, public policy across a wide spectrum of issues & industries. - [Dispute Resolution](https://www.economic-insight.com/practice-areas/dispute-resolution/) - Developing evidence for commercial & contractual cases. We consult in support of your clients when they are involved in commercial disputes or defending claims. - [Collective & Class Action](https://www.economic-insight.com/practice-areas/collective-class-action/) - Providing economic analyses for litigation and class action cases. We deploy our vast experience in the area of litigation to support legal & commercial teams. - [Sarah Barker](https://www.economic-insight.com/our-team/sarah-barker/) - Sarah works across our practice areas and is proficient at applying economics and advanced analytical skills to different situations, to draw out the strategic implications for our clients. - [Practice Areas](https://www.economic-insight.com/practice-areas/) - Providing economic analyses and compelling economic insights for a wide range of both public sector and private business clients. ## Categories - [News](https://www.economic-insight.com/category/news/) - [Competition](https://www.economic-insight.com/category/competition/) - [Strategy](https://www.economic-insight.com/category/strategy/) - [Regulation](https://www.economic-insight.com/category/regulation/) - [Public Policy](https://www.economic-insight.com/category/public-policy/) - [Collective & Class Action](https://www.economic-insight.com/category/class-action/) - [Dispute Resolution](https://www.economic-insight.com/category/dispute-resolution/) - [Publications](https://www.economic-insight.com/category/publications/) ## Tags - [Telecoms](https://www.economic-insight.com/tag/telecoms/) - [Water Retail](https://www.economic-insight.com/tag/water-retail/) - [Retail](https://www.economic-insight.com/tag/retail/) - [Energy](https://www.economic-insight.com/tag/energy/) - [R&D](https://www.economic-insight.com/tag/rd/) - [innovation](https://www.economic-insight.com/tag/innovation/) - [science](https://www.economic-insight.com/tag/science/) - [Legal](https://www.economic-insight.com/tag/legal/) - [COVID-19](https://www.economic-insight.com/tag/covid-19/)