Every year, the work of our experts results in more than 200 reports, studies, and analyses. Most of them are published and available on our website.
Sometimes our work resonates and has a direct impact on the public agenda. At other times, it contributes more subtly to the making of superior decisions within a company, organisation, or courtroom.
Copenhagen Economics has interviewed the Estonian Competition Authority (ECA) and five prominent Estonian competition law practitioners for the chapter on Estonia. The findings show that the role of economics in Estonian competition law is limited, and the competition authority’s approach to investigating cases has generally remained unchanged over recent years.
ECA operates both as a tariff regulator and a competition law enforcer, which has resulted in a relatively high number of excessive pricing cases. Although the upcoming implementation of the ECN+ Directive is expected to result in considerable changes in the Estonian Competition Act, the details remain unknown until half a year prior to its implementation. As a result of the ECN+ Directive, the criminalisation of cartels is expected to cease. This should reduce the burden of proof in cartel cases, which will potentially make economic arguments more appealing in court. Consequently, we expect to see more cartel investigations in the future.
Learn more about this story in GCRC’s Enforcer Hub’s chapter on Estonia, written by Anssi Kohonen, Kalle Kantanen and Heidi Partanen.
An extract from GCR’s Enforcer Hub. The whole resource is available here
For further information, please contact Anssi Kohonen
Copenhagen Economics has interviewed five prominent Norwegian law firms for the chapter on Norway where we discuss the use of competition economics in the Norwegian market.
With the introduction of larger fines for competition law violations alongside powers allowing for large-scale sectorial investigations, the Norwegian Competition Authority (NCA) has proclaimed a new era of stricter competition law enforcement.
In addition to increasing demand for advanced economic advice in specific cases and in dialogues with the NCA, this development has also placed competition questions at the centre of companies’ compliance work. Compliance with antitrust rules has subsequently increased in importance as an advisory service for the majority of the of the law firms interviewed. The Norwegian lawyers we spoke to generally agreed that the NCA’s priorities and enforcement of competition law are effective in deterring companies from violating the competition law.
Learn more about the GCRC’s Enforcer Hub’s chapter on Norway, written by Henrik Ballebye Okholm and Erik Lindén.
An extract from GCR’s Enforcer Hub. The whole resource is available here
For further information, please contact Henrik Ballebye Okholm
For this chapter on Sweden, Copenhagen Economics interviewed the Director-General of the Swedish Competition Authority (SCA) as well as 15 prominent Swedish competition law firms. Their feedback has been compiled in a chapter which investigates four of the most interesting merger and acquisition cases in Sweden over the past year.
Competition economics continues to play an important role in complex mergers, as economists are often engaged early on in complex merger processes. However, their expertise can also be called upon at a later stage in the case of unexpected Phase II investigations.
Several mergers involving Swedish companies have been brought to the attention of the Commission in the past 12 months, and economics-based evidence has played a prominent role in these investigations. Furthermore, there have been some in the legal profession who have noticed increased third-party activity in relation to merger investigations. Over the past year, the SCA has handled 74 merger filings, four of which progressed to Phase II assessments.
Learn more in GCR’s Enforcer Hub’s chapter on Sweden, written by Anna Möller Boivie, Victor Ahlqvist, and Natasha Hillenius.
An extract from GCR’s Enforcer Hub. The whole resource is available here
For further information, please contact Anna Möller Boivie
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