Study on the economic impact of competition policy enforcement on the functioning of telecoms markets in the EU (European Commission – DG competition)

Lear, jointly with DIW Berlin and Analysys Mason, has been retained by DG competition to study the economic impact of competition policy enforcement in the European (“EU”) telecoms markets. The study consists of both a descriptive analysis on the evolution of competition policy enforcement and the functioning of telecoms market over the past 20 years and a quantitative analysis on the impact of competition policy interventions on telecoms markets’ performance. The quantitative analysis deals with the ex-post evaluation of three EC’s decisions in the telecoms sector (a merger, a state aid and an antitrust case). The analyses have been performed through accomplished empirical techniques, such as the difference in differences method, structural models and the synthetic control method.