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.
The Italian Competition Authority opened an investigation against a consortium of several smelters and batteries’ producers to ascertain an alleged agreement to lower prices and share the market of spent lead-acid automotive and industrial batteries for recycling. Lear is assisting the consortium in its defensive strategy against the allegation of exclusionary practices, and it is […] Read more
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
Lear assisted an association representing the Italian online advertising industry in setting out how the conduct of certain market participants may constitute a breach of art. 102 TFEU. The assignment entailed a comprehensive analysis of the online advertising supply chain, carried out through desk research and interviews to market participants.