New study: 3,000 Danish jobs in the financial sector at risk

The wage tax and lack of qualified IT specialists is pushing Danish jobs in the financial sector abroad. Over 3,000 jobs are potentially at risk, and Denmark risks losing some of its international leading positions in different areas of the financial industry.

Denmark’s strong and productive financial sector is increasingly exposed to international competition in all value chains of production and products. For the sector to thrive in the coming years, supporting framework policies is crucial.  In this context, it will be important to address the skill gap of IT specialists in the Danish educational system and find a replacement for the Danish wage tax on employees in the financial sector.

Learn more about the study

For further information, please contact Helge Sigurd Næss-Schmidt 

Adina Claici speaks at competition law conference in Brussels

Today, on 30 November, one of our competition experts, Adina Claici, speaks at a joint conference hosted by the European Competition and Regulatory Law Review, the Computer and Communications Industry Association, and the Vrije Universiteit Brussels.

The aim of the conference is to discuss the issues regarding competition law enforcement in online markets and whether policymakers need to adjust the current instruments to deal with these issues. In this regard, Adina Claici, as part of an expert panel, offers her view on the interplay between regulation and competition policy in digital markets.

Other speakers include Thomas Kramler from DG Competition, European Commission, and Marianela López-Galdos from Computer & Communications Industry Association.

Read more about the seminar

For further information, please contact Adina Claici

Appeal brought by the Swedish Competition Authority dismissed by court

Yesterday, on 29 November, the Patent and Market Court of Appeal gave its decision in an appeal case of the Swedish Competition Authority (SCA) vs. Alfa Quality Moving, active in the international moving and relocation industry. The court concluded that Alfa Quality Moving did not violate competition rules in relation to two mergers in 2002 and 2006.

The decision of the upper court is completely in line with the 16 May 2016 ruling by the Stockholm District Court.

The SCA had challenged the five-year non-compete clauses in the merger agreements, which they had found restrictive of competition by object and by effect. The lower court rejected the presence of any anti-competitive effects, mainly because the relevant geographic market was considerably larger than only comprising Sweden. Moreover, the clauses were not found to be by-object restrictions of competition.

In the upper court, the SCA dropped the claim of anti-competitive effects, but maintained their position regarding the by-object restriction, which, again, was dismissed. In a very clear statement, the upper court concludes that there is no fixed duration of an anti-competitive clause in a merger that can be considered to constitute a by-object restriction of competition. In other words, the duration has to be determined on a case-by-case basis.

In this case, Copenhagen Economics assisted Alfa Quality Moving with expert testimony regarding market definition and the proportionality of the challenged clauses.

Read the court’s decision (in Swedish) 

For further information, please contact Karl Lundvall 

Signe Rølmer speaks at high-level seminar on raw material value chains

Today, mining expert Signe Rølmer speaks at a seminar in Stockholm organised by the Swedish Ministry of Enterprise and Innovation. 

The theme of the seminar is sustainable value chains for innovation-critical raw materials as a matter of risk management for the EU. To address the question of how EU and EU member states can secure the supply of raw materials needed for a green transition in Europe, Signe Rølmer will present her view on the key institutional risks in the development of new raw material value chains.

Other speakers include Mikael Damberg, Swedish Minister of Enterprise and Innovation, and Annti Peltomäki, Deputy Director-General with the European Commission.

Participants include representatives from the Swedish, Norwegian, Finnish, German, and French Governments, the European Commission, representatives from the extraction industry Boliden and Leading Edge Materials, and producers Philips, IKEA, and PSA Peugeot Citroën.

Read more about the seminar (in Swedish)

Read the new report on innovation critical raw materials, published by Tillväxtanalys today

Learn more about our two background studies for Tillväxtanalys (Opportunities for new metal value chains in Stockholm and Critical metal value chains)

For further information, please contact Signe Rølmer

If you are interested in learning more about our mining service, do not hesitate to contact our mining team

New study: Improving the design of the Nordic power market – going to ‘finer time resolution’

Implementing 15-minute resolution in the so called ‘imbalance settlement period’ will bring immediate benefits to the Nordic region through better use of existing interconnectors and increased possibilities for trading flexibility with neighboring countries.

In this study, we investigate the merits of moving to finer time resolution in the Nordic power markets. As the electricity markets are undergoing major changes and the market design needs be adapted, we find that going to 15-minute imbalance settlement period is a step in the right direction.

Learn more about the study

For further information, please contact Martin Bo Westh Hansen

Press contact

If you have any questions, please do not hesitate to contact us

Lise Roland Johansen
Lise Roland Johansen
Head of Communications
Phone:+45 2811 2841