Europe Economics provides consultancy services in economic regulation, competition policy and the application of economics to public policy and business issues.

Recent Reports

Leniency and Civil Claims: Should leniency programmes extend to private actions?

Managing consultant Jonathan Green and senior consultant Iona McCall have their article published in Competition Law Insight (28 July 2009).

Click here to view the report as published in Competition Law Insight.


Themes and Trends in Regulatory Reform

Europe Economics was invited in February 2009 to express its views on regulation and regulators to the House of Commons Regulatory Reform Committee in connection with its inquiry into "Themes and Trends in Regulatory Reform". The Committee has now published its report, which may be viewed on-line.

Click here to access the House of Commons Regulatory Reform Committee website. To view the submission of Europe Economics click on 'WRITTEN EVIDENCE - VOLUME II (HC 329-II)'at the foot of the page, then click on 'Memorandum submitted by Europe Economics'.


Critique of CPS Costing - A Report for the Bar Council

Europe Economics was asked to comment on statements by the Crown Prosecution Service that its commitment to a quality strategy and the increasing use of in-house advocates had saved the taxpayer substantial sums of money. Our report concludes that the CPS' assertions are unsupported by evidence and that its costing method is seriously flawed.

Click here to download the report.


Cost of Capital and Financeability at PR09

Publication of Europe Economics report on its advice to Ofwat about the cost of capital of the water and sewerage industry, including the impact and likely duration of the financial crisis.

Click here to download the report through the Ofwat website.


The Political Economy of Structural Reforms in Developing Countries: Evidence from Agricultural Markets

A paper by Diego Scalise (Europe Economics) and Paola Giuliano (UCLA, Anderson School of Management) has been accepted for publication in the Berkeley Journal of Economic Analysis and Policy in the contribution tier. A link to the article through the Berkeley Journal will be available shortly.


Survey on the cost of compliance with selected FSAP measures

Europe Economics' report for the FSAP Evaluation has now been published. Our work was based on structured interviews with a diverse mix of European financial services companies to obtain estimates of the cost of compliance with the selected directives (MiFID, CRD, 3AMLD, Transparency Directive, Financial Conglomerates Directive and Prospectus Directive). The study was completed in January 2009.

Click here to download the report from FSAP website.


Impact assessment of proposed changes to Part L of the Building Regulations

Europe Economics Impact Assessment of changes to energy efficiency standards for new buildings and some existing buildings has been published by the Department for Communities and Local Government as part of a Consultation. This includes detailed modelling of the impact of different approaches to cutting CO2 emissions from buildings and the costs and benefits of the changes.

Click here to download the report from the Department of Communities and Local Government website.


Best Value Tendering for CDS Contracts 2010

Response to the Legal Services Commission from the Bar Council and the Criminal Bar Association in relation to the proposed Best Value Tendering (BVT) process commented:

"There is no theoretical economic justification and no empirical evidence that BVT is an appropriate and effective means of procuring legal defence services. The economic analysis which we have commissioned from Europe Economics (at Annex 3) demolishes the case for BVT."

Cick here to download the joint report by the Bar Council and Criminal Bar Association published on June 19. For Appendix 3 referred to in the text, written by Europe Economics, click here.


Study on Credit Intermediaries in the Internal Market

Study for the European Commission DG Internal Market and Services

Click here to download the report from the European Commission website


Pricing Principles for the Unconditioned Local Loop Service(ULLS)in Australia - The Conceptual Framework

Final Report for Optus

Click here to download the report from the ACCC website


Evaluating the Impact of the Financial Services Action Plan Across EU25

Study for the European Parliament

Cick here to download Part I (Main Report)from the European Parliament website and Part II, Part III, Part IV.


The Case against Olympic Equestrian Events in Greenwich Park

Dermot Glynn helped NOGOE to prepare an economic assessment of the plans by LOCOG to hold the 2012 Olympic Games equestrian events in Greenwich Park

Click here to view the report


Policies to Combat Counterfeit Medicines

Study for the European Commission DG Enterprise

Click here to download the report from the DG Enterprise website and Annex 1, Annex 2, Annex 3.


News

June 31

Andrew Lilico appeared on Today, joint with Edmund Conway, to debate whether the the so-called efficient markets hypothesis remains intact

Click here to listen

June 31

Andrew Lilico appeared on Wake up to Money to discuss who is in charge of financial supervision during the crisis

Click here to listen (7 minutes in)

July 24

Andrew Lilico was interviewed this morning by Reuters TV to discuss the GDP data

July 14

David Stubbs commented on the forthcoming postal strike for BBC News Channel and for Radio 5 Live "Drive Time"

July 07

David Stubbs was interviewed this morning concerning the MPs report on the future of the post offices. He discussed the issue on radio FiveLive "Wake Up to the Money", the "Today Programme" on radio 4, and BBC1 "Breakfast"

June 25

Andrew Lilico appeared on FiveLive at 8:10am, joint with Matthew Taylor, discussing public spending

Click here to listen

June 23

Andrew Lilico will be addressing the Treasury Select Committee on the regulatory implications of the Turner Review

May 13

Andrew Lilico discussed the forthcoming Bank of England inflation report on CNBC

Click here to listen

May 07

Andrew Lilico appeared on the FiveLive Drive programme, discussing the next stage of quantitative easing

Click here to listen

May 06

Andrew Lilico appeared on BBC TV this morning to discuss Sarkozy’s proposal for a central committee for EU banking regulation

April 22

Andrew Lilico appeared on Australian public broadcaster ABC on the AM programme, discussing UK deflation

Click here to listen

April 21

Andrew Lilico discusses the outlook for inflation on Radio 5 Live's Wake up to Money Programme (18 min 45 onwards) and on Radio 4's the World at One (9 minutes 20 onwards)

April 01

Andrew Lilico discusses the G20 on FiveLive, together with John McFall and other participants

Click here to listen

Published Articles

Pricing principles for the unbundled telecoms local loop

Article by Matteo Aquilina published in Competition Law Insight on 05 May 2009

Healthy Competition

Article by Iona McCall published in Competition Law Insight on 25 November 2008

Preference for flexibility in the absence of learning: the risk attitude effect

Article by Stefano Ficco and Vladimir Karamychev published in Economic Theory in June 2008

Leniency programmes: an economic discussion

Article by Haris Irshad and Iona McCall. First published in the Competition Law Insight on 6 May 2008

Literature review of future developments in the telecommunications sector

Article by Stefano D'Ambrosio

Economics of merger control

Article by Jonathan Green and Gianandrea Staffiero

An extract from The 2007 Handbook of Competition Economics, a Global Competition Review special report

Competition Commission inquiry into the grocery market

Bob Young was recently invited by Competition Law Insight to write a 3,000 word article on the current Competition Commission inquiry into the grocery market. His article was published on March 13th 2007.

Gambling and the EU internal market: aspects of the micro-economics and socio-economics of gambling

Speech by Bob Young

The speech was given before a conference organised by the Academy of European Law held in Trier, Germany, February 8-9 2007.





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