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.
Lear has assisted Apple Inc. in a proceeding started by the Italian Competition Authority (ICA) on a vertical agreement with the Amazon group that had allegedly reduced intra-brand price competition on the Amazon.it marketplace. Lear prepared an economic brief highlighting the shortcomings of the ICA’s analysis, the efficiencies of the agreement, and showing that a […] Read more
Lear has assisted Assicurazioni Generali in the acquisition of Cattolica Assicurazioni. Lear has analysed the relevant geographic and product markets to identify affected markets according to the thresholds set by the European Commission in the horizontal mergers guidelines, and for those markets has analysed the competitive concerns that might arise from the concentration, showing that […] Read more
Lear assisted an association representing the Italian online advertising industry in setting out how the conducts of certain market participants may constitute a breach of art. 102 TFEU, with the aim of reporting it to the Italian Competition Authority. The Italian Competition Authority decided to launch an investigation aimed at ascertaining the existence of such […] Read more