New vacancy: Intern for Copenhagen

We are looking for a talented Intern to join our Copenhagen office from October 2020 for a minimum of three months.

Working with us, you will be part of an international team of economists and get first-hand experience in working on projects ranging from competition or dispute support cases to energy and climate regulation.

The application deadline is 3 August 2020.

Learn more about this position

For questions, please contact HR Consultant Louise Vandborg Klokholm

Claus, Henrik, Adina, Karl and Anssi recognised as some of the world’s leading competition economists

Partner Claus Kastberg Nielsen, Partner Henrik Ballebye Okholm, Director Adina Claici, Managing Economist Karl Lundvall and Managing Economist Anssi Kohonen, have been recognised as some of the world's leading competition economists by Global Competition Review.

They have been recognised in the Future Leaders and Global Leaders’ section of Who’s Who Legal: Competition 2020 – a guide to the world’s leading competition lawyers and economists.

Since 1996, Who’s Who Legal has identified the foremost legal practitioners and consulting experts in business law based upon comprehensive, independent research.

Who’s Who Legal: Competition 2020 is now published and is available via the link below.

Read the section here

Adina Claici speaks at State Aid virtual conference

Today, our Director Dr Adina Claici will discuss "State Aid in times of crisis" at the State Aid virtual conference, organised by Informa Connect where Copenhagen Economics is a sponsor.

The economic decline, due to the COVID-19 crisis, is non-contestable and neither is the need for state aid to support European economies.

However, we have seen a heterogeneous picture across EU Member States in terms of intensity of aid, which ranged from more than 30% to less than 1% of GDP. Although not intentional, these divergences may lead to significant distortions in competition in Europe. In order to minimize tensions, policy makers have to make sure aid is targeted and proportional to the damage suffered.

When choosing the optimal level of intervention, they have to make difficult choices and balance delicate trade-offs between efficiency and equity.

Economic analysis plays an important role in designing various options for intervention and quantifying the pros and cons of each one for different stakeholders in the economy.

Read more about the conference
For further information, please contact Director Dr Adina Claici

New study: Black market online gambling in Sweden is increasing

Early in 2020, CE estimated that channelization, i.e. the share of online gambling that is handled by licensed operators that hold a Swedish gambling license, was 81-85% range and decreasing. The remaining share was part of the black market.

For online casino, a segment where the competition from unlicensed players is particularly fierce, the rate is even lower, 72-78%.

With the recently (April -20) proposed spend limits, we estimate a further decrease, down to a share of only 52-63%.

That means that between one third and one half of the total turnover for online casinos will be accrued in companies that are not part of the Swedish license system, and hence to not pay tax and not adopt to the consumer protection standards that the current regulation prescribes.

The estimates of channelization were obtained using a three-pronged research methodology, newly developed, in a project commissioned by the Swedish Trade Association for Online Gambling (BOS) and has been widely quoted in the industry press globally.

Read more in our studies here and here
For further information, please contact Managing Economist Karl Lundvall