Competition policy economics and market efficiency

Principles of competition policy economics and market efficiency are easy to state; applying them to businesses can be difficult and contentious.

Many markets, especially where statutory monopolies exist, such as in energy and transport, involve regulators setting prices and other terms of services. These decisions are often influenced by the strength of economic analysis. The same is true in competition matters such as mergers and acquisitions, misuse of market power, price fixing, and access to essential infrastructure.

How ACIL Allen Consulting can help you

ACIL Allen Consulting can provide advice on a wide range of competition, regulation and trade practices matters, such as mergers and acquisitions, misuse of market power, price fixing and other forms of collusion. Our client services include:

  • submissions to regulatory bodies such as the Australian Competition and Consumer Commission

  • reports, including analysis of market power

  • application of mathematical and statistical analysis to economic data

  • damages estimates

  • negotiations on court-enforceable undertakings.

Our clients include companies and regulators in the finance, media, telecommunications, energy, resources and transport industries, such as the Australian Competition and Consumer Commission, Australian Energy Regulator, the New Zealand Commerce Commission, the Reserve Bank of Australia, the Victorian Department of Treasury and Finance, the Australian Energy Market Commission, Optus, NBN Co, BHP Billiton, Sony Music, and the Western Australian Department of Transport. We have also worked with most of the major law firms and the Australian Government Solicitor.

For further information about competition policy and regulation, please contact Jerome Fahrer