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Engagements

Have a look at our engagements

Here you can find the recent competition policy and public procurement projects in which Lear has been involved.

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Competition Economics, Mergers

Vertical merger in the aerospace industry

Lear has been retained by a leading operator in the aerospace industry to assist within a merger case involving one of its rivals. Lear is tasked with showing how the merger may create the incentives for the merged entity to implement exclusionary practices.


Competition Economics, Mergers

Merger in the natural gas sector

Lear assisted 2i Rete Gas, the second largest operator in the Italian market for natural gas distribution, in the notification to the Italian Competition Authority of a merger between 2i Rete Gas and Nedgia, which is being evaluated by the Italian Competition Authority. Lear has assessed the competitive implications of the merger, quantified the efficiencies […] Read more


Competition Economics, Mergers

Merger in the broadcasting tower sector

Lear advised a major national broadcast tower company in the notification to the Italian Competition Authority (ICA) of the acquisition of another national broadcast tower company in a complex “merger to monopoly” case. Lear’s economists presented the efficiencies brought about by the merger and illustrated the market mechanisms that would have ensured these efficiencies to […] Read more


Competition Economics, Mergers

Merger in the grocery retailing sector

Lear assisted a leading grocery retailer in a phase II merger inquiry before the Italian Competition Authority (ICA). Lear’s primary responsibility within the project was to analyze the data resulting from customer surveys, estimate the diversion ratios and apply the UPP, GUPPI and IPR tests to assess the unilateral effects of the merger. The merger […] Read more


Competition Economics, Mergers

Merger in the metal packaging coatings market

Lear advised a major producer of metal packaging coatings before the UK Competition Commission, against a hostile proposal for acquisition made from a rival firm. The analysis performed by Lear’s economists, which consisted in a complex quantitative and theoretical work, showed that the proposed merger would have harmed competition in the identified relevant markets. Lear’s […] Read more