Home > Engagements

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.

Filter by:

 
Competition Economics, Mergers

Merger in the banking sector

One of the largest banking groups in Italy, Intesa Sanpaolo S.p.a., has declared its intention to proceed with the takeover of UBI Banca S.p.a. The potential merger between these two banks raises concerns regarding the competition level in numerous markets: hence, the merger must be first approved by the Italian Competition Authority. Lear is assisting […] Read more


Competition Economics, Mergers

Vertical merger in the aerospace industry

Lear was retained by a leading operator in the aerospace industry to provide assistance in a merger case involving one of its rivals. Lear developed analyses aimed at showing how the merger may create the incentives for the merged entity to implement exclusionary practices that would harm competition and the client.


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. Lear’s primary responsibility within the project was to analyse 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 was […] Read more


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  assessed the competitive implications of the merger, quantified the efficiencies brought […] 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 of the acquisition of another national broadcast tower company in a complex “merger to monopoly” case. Lear’s economists presented the efficiencies that would be brought about by the merger and illustrated the market mechanisms that would ensure these efficiencies […] 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