Copenhagen Economics is moving to a new location in Brussels from 1 June 2019

This week, we are celebrating the two year anniversary of our Brussels office.

Since the start, we have supported clients and business partners in many different European competition matters and we have grown our team to seven consultants, including two former senior economists from CET / DGCOMP, who are supported by further 60 consultants in our other European locations.

At the same time, we are excited to announce that the Brussels team is moving to a new permanent location on place Eugen Flagey in the iconic La Maison de la Radio. We expect to be at the new address from 1 June 2019.

We look very much forward to taking into possession our new facilities and to welcoming our clients and business partners at the new and exciting premises.

For questions, please contact Partner Claus Kastberg Nielsen.

New study: Competition should be prioritised over or on par with remote tower concepts

In a new study commissioned by ACR Aviation Capacity Resources we conclude that savings from remote towers are possible, but they will not materialize, and they will not be as large unless remote towers are provided on a competitive market, that is by allowing airports to choose air navigation service providers through competitive tendering processes.

In short, the introduction of competition should be prioritized over or on par with the introduction of remote air traffic control for five reasons:

  • Competition is needed to guarantee that potential cost savings from remote towers benefit the airports
  • Competition can generate additional cost savings that remote towers cannot
  • Remote towers are unlikely to achieve savings of the same magnitude as competition
  • The business case for remote towers seems to be exaggerated
  • The risk and associated costs of cyber and physical attacks on centralized remote towers is underestimated

Learn more about the study

For further information, please contact Sofia Nyström

Federico De Michiel and Malin Johansson join Copenhagen Economics

Federico De Michiel is hired as Economist. He joins our Brussels office. 

Federico holds a Ph.D. in Business Economics from KU Leuven. Having focused his research on the innovation and economic performance of multinational firms, Federico is well suited to join our Competition team.

Malin Johansson is hired as Office Assistant. She joins our Stockholm office. 

She has a background in both finance and marketing, and will thus be a great contribution to our Business Support team. Malin will mainly be responsible for the daily administration and make sure that everything runs smoothly in our Stockholm office

New study: Measuring the impact on domestic e-retail from UPU terminal dues

Finland and Sweden are members of the Universal Postal Union (UPU), a UN agency. The UPU international agreements include rules capping the cross-border postal rates (terminal dues) that the Finnish and Swedish post can charge the foreign sending postal company for inbound mail.

In this study, we estimate what the difference between domestic shipment fees and terminal dues means for domestic e-retailers in Finland and Sweden for realistic cases of e-commerce merchandise. We find that in many cases, the terminal dues disadvantage is even greater than the e-retailer’s profit margin contribution expected from that item type.

Tomorrow, Dr Bruno Basalisco presents the results at an event in Helsinki organised by retail association Kaupan Liitto.   

Learn more about the study

For further information, please contact Dr. Bruno Basalisco

Is the new OECD guidance on marketing intangibles clear?

This week, our Stockholm office submitted its comments to the OECD's Public Consultation Document "Addressing the Tax Challenges of the Digitalisation of the Economy".

The attribution of non-routine intangible return to the market jurisdictions, as proposed in the Marketing Intangible Proposal, may represent a profit shifting without any link to the value creation process in MNE groups, to the detriment of the jurisdiction actively involved in the DEMPE of intangible assets.

Read our comments

Read the OECD Public Consultation Document

For further information, please contact Hendrik Fügemann or Vincenzo Zurzolo