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Practices

Policy Assessment

Governments and public institutions must evaluate the effectiveness of public policies and assess their impact on social welfare in order to determine how to improve their interventions and identify in which areas these are most effective. This work requires:

  • Selecting the most appropriate from amongst the existing evaluation methodologies or developing a new approach;
  • Collecting all the data and the information necessary to perform the exercise, through existing sources or surveys;
  • Performing the impact assessment and the cost-benefit analysis;
  • Drawing up useful conclusions based on the strengths and weaknesses of the policy under examination;
  • Suggesting ways to overcome these weaknesses.

We master empirical techniques and analytical tools necessary to assess with precision whether a specific policy is having its intended effect on the economy and to evaluate the size of this impact, to gauge its costs and benefits, and to determine how to improve it.

Relevant projects include: a project for the DG Economic and Financial Affairs of the European Commission aimed at developing an empirical methodology for the evaluation of the effectiveness of different competition policy regimes around the world in deterring anticompetitive behavior and fostering productivity. We have also designed a procedure for the ex-post review of merger control decisions to help the DG Competition of the European Commission to improve its enforcement policy and we have assessed the cost of erroneous antitrust decisions under Article 102 for the UK Office of Fair Trading.

See our publications and news on policy assessment.

If you need advice in the evaluation of any matter related to policy intervention, contact us.

 

Latest Engagements

Regulatory dispute on access charges to the rail infrastructure

The new track access charge system approved by the Italian regulator (“ART”, Autorità di Regolazione Trasporti) and implemented by the Italian infrastructure manager has determined a significant increase to the fee for international passenger transport.

Past merger assessment in technology sector

Lear is undertaking a research and evaluation project for the UK Competition and Markets Authority (CMA) looking at approaches to assessing potential theories of harm and evaluating past merger decisions in the technology sector. Lear will identify which theories of harm Competition Authorities should investigate when facing a merger in the technology sector and what […] Read more

Quantifying harm from regulation in the telecom sector

Lear is assisting a telecom operator in quantifying harm that will be suffered as a result of a change of the regulated price of compulsory communication data that have to be provided to the Judiciary by law. The analysis developed by Lear aims at verifying the methodology used to determine incremental costs borne by the […] Read more


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