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.

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.

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.

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.

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.

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.

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.