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Competition Economics

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.

Have a look at our publications and news on competition economics.


Latest Engagements

Concentration in the retail market for health, beauty, and household products

Lear has been appointed by a leading private equity and alternative assets investment company wishing to acquire control over a number of companies active in the Italian retail market for health, beauty, and household products. Lear’s economists have assisted the client in proving that the transaction does not give rise to any reportable market because […] Read more

Alleged cartel in the Italian market for third-party liability insurance services – ongoing

Lear has been appointed by one of the largest insurance companies active in Italy and worldwide to rebut the accusations by the Italian Competition Authority, which has started a preceding to ascertain the potential anticompetitive effects of an information exchange among a number of price comparison websites and other insurance companies active in the provision […] Read more

Alleged restriction of competition agreement in the market for distribution of consumer electronics – ongoing

Lear is assisting Apple Inc. in a proceeding started by the Italian Competition Authority (ICA) on a vertical agreement with the Amazon group that has 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

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