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Competition Economics

Lear specializes in applying economics to antitrust and competition policy questions. Our economists combine an in-depth knowledge of economic theory and cutting-edge statistical and econometric techniques with the ability to present sophisticated economic arguments in a clear and persuasive way.

We have extensive experience in dealing with mergers and acquisitions, abuses of dominance, vertical agreements, cartels and state aid. We provide advice to firms involved in proceedings before National Competition Authorities and the European Commission. We also perform ex-ante assessments of the antitrust risks of specific business decisions.

Lear’s experience spans across a broad range of industries, including telecommunications & media, retailing, transport, chemicals, food products, industrial manufacturing, energy, banking, insurance, recycling and consumer durables. Our clients are some of the major players in these industries.

We also undertake projects and studies for European and National Competition Authorities on antitrust issues. Relevant works carried out by our economists include: an ex-post assessment of two merger decisions for the UK Competition Commission, a study proposing a methodology for the review of merger decisions for the DG Competition of the European Commission and a report on the cost of erroneous interventions under Article 102 (TFEU) for the UK Office of Fair trading.

Have a look at our publications and news on competition economics.

 

Latest Engagements

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.

Assessment of anti-competitive effects of conditional multi-product discounts to mass-market retailers

Lear has assisted one well-known brand of non-food consumer goods, in its self-ex-ante assessment of the potential anti-competitive effects of a program of conditional multi-product discounts to mass-market retailers.

Alleged cartel in the market of corrugated cardboard sheets and boxes

Lear’s economists assisted one of leading companies in the market of corrugated cardboard sheets and boxes in proceedings before the Italian Competition Authority (ICA) for alleged price fixing conducts. Lear developed an analysis aimed at demonstrating that the evidence presented by the ICA was not sufficient to prove the effects of the investigated conducts on […] Read more


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