Ex-ante assessment of the competitive effects of a multi-year purchasing agreement in the Italian insurance market

Lear assisted two leading Italian insurance companies in the assessment of the competitive effects of a purchasing agreement they intended to undertake, with the aim of evaluating its compatibility with Art. 101 TFEU. Lear consultants analysed the relevant geographic and product markets, calculated market shares in the affected markets and analysed the competitive concerns that might arise from the agreement. In light of the multi-year nature of the agreement, the evaluation also took into account a possible future increase in the parties’ market shares.