SlideShare une entreprise Scribd logo

Economic Analysis in Merger Investigations – Break-out Session 3 – The role of economists in merger teams and qualitative evidence review – UK – December 2020 OECD discussion

•
•
OECD Directorate for Financial and Enterprise Affairs
OECD Directorate for Financial and Enterprise Affairs

This presentation by the United Kingdom was prepared for the break-out Session 1, “The role of economists in merger teams and qualitative evidence review”, in the discussion “Economic Analysis in Merger Investigations” at the 19th OECD Global Forum on Competition on 9 December 2020. More papers and presentations on the topic can be found at http://oe.cd/eami. This presentation was uploaded with the author’s consent.

Présentations et discours publics
1  sur  5
Télécharger pour lire hors ligne
The role of economists in merger teams and qualitative evidence review 1 OECD Global Forum for Competition Ina Esser, Assistant Director of Economics, CMA 9 December 2020
Economists in merger teams ● Embedded in the case team and involved from the very beginning of cases ● Economists play central role - Assess how competition in a given industry works - Formulate theories of harm and determine economic frameworks to assess the merger - Develop evidence-gathering strategy and undertake assessment - Assess strength of different pieces of evidence 2
Wider contribution of economists ● Developing the toolkit - Increasing prominence of digital services and technology products • These kinds of markets are often characterised by particular economic features - Developing approaches for assessing competition in dynamic markets and assessing potential competition - Published revised Merger Assessment Guidelines for consultation in November 2020 3
Qualitative evidence review ● Different types of qualitative evidence, including internal documents and third-party views ● Different professions on a case team work closely together - Economists play an important role in requesting and interpreting qualitative evidence - Work by CMA’s Data, Technology and Analytics (DATA) team on processing internal documents 4
Qualitative evidence in recent cases ● Tobii/Smartbox - Customer views to assess closeness of competition ● Illumina/PacBio - Assessing the likelihood and impact of innovation in the context of uncertainty through internal documents ● Amazon/Deliveroo - Using internal documents to assess incentives to re-enter in the context of potential competition ● PayPal/iZettle - Scrutinising evidence on deal valuation 5

Recommandé

Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...OECD Directorate for Financial and Enterprise Affairs
 
Investigative powers in practice – OECD Secretariat – November 2018 OECD GFC
Investigative powers in practice – OECD Secretariat – November 2018 OECD GFCInvestigative powers in practice – OECD Secretariat – November 2018 OECD GFC
Investigative powers in practice – OECD Secretariat – November 2018 OECD GFCOECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...OECD Directorate for Financial and Enterprise Affairs
 

Recommandé

Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...OECD Directorate for Financial and Enterprise Affairs
 
Investigative powers in practice – OECD Secretariat – November 2018 OECD GFC
Investigative powers in practice – OECD Secretariat – November 2018 OECD GFCInvestigative powers in practice – OECD Secretariat – November 2018 OECD GFC
Investigative powers in practice – OECD Secretariat – November 2018 OECD GFCOECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...OECD Directorate for Financial and Enterprise Affairs
 
Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...
Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...
Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...OECD Directorate for Financial and Enterprise Affairs
 
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussionMerger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussionOECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...OECD Directorate for Financial and Enterprise Affairs
 
The role of market studies as a tool to promote competition – CANADA – Novemb...
The role of market studies as a tool to promote competition – CANADA – Novemb...The role of market studies as a tool to promote competition – CANADA – Novemb...
The role of market studies as a tool to promote competition – CANADA – Novemb...OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...
Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...
Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...OECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...OECD Directorate for Financial and Enterprise Affairs
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...OECD Directorate for Financial and Enterprise Affairs
 
Competition and Market Studies in Latin America: The case of Chile, Colombia,...
Competition and Market Studies in Latin America: The case of Chile, Colombia,...Competition and Market Studies in Latin America: The case of Chile, Colombia,...
Competition and Market Studies in Latin America: The case of Chile, Colombia,...OECD Directorate for Financial and Enterprise Affairs
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...OECD Directorate for Financial and Enterprise Affairs
 
Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...
Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...
Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...OECD Directorate for Financial and Enterprise Affairs
 
Investigative powers in practice – EUROPEAN UNION – November 2018 OECD GFC
Investigative powers in practice – EUROPEAN UNION – November 2018 OECD GFCInvestigative powers in practice – EUROPEAN UNION – November 2018 OECD GFC
Investigative powers in practice – EUROPEAN UNION – November 2018 OECD GFCOECD Directorate for Financial and Enterprise Affairs
 
Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...
Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...
Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...OECD Directorate for Financial and Enterprise Affairs
 
Negos introduction 1
Negos introduction 1Negos introduction 1
Negos introduction 1hdori
 
TC - FCA Positive Compliance Workshop - December 2014
TC - FCA Positive Compliance Workshop - December 2014TC - FCA Positive Compliance Workshop - December 2014
TC - FCA Positive Compliance Workshop - December 2014Tony Catt
 
Obstacles to international enforcement co-operation
Obstacles to international enforcement co-operationObstacles to international enforcement co-operation
Obstacles to international enforcement co-operationOECD Directorate for Financial and Enterprise Affairs
 
OECD Workshop Legal Models Enforcement Co-operation
OECD Workshop Legal Models Enforcement Co-operationOECD Workshop Legal Models Enforcement Co-operation
OECD Workshop Legal Models Enforcement Co-operationOECD Directorate for Financial and Enterprise Affairs
 
Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...
Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...
Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...OECD Directorate for Financial and Enterprise Affairs
 
Gun Jumping – OECD – November 2018 OECD discussion
Gun Jumping – OECD – November 2018 OECD discussionGun Jumping – OECD – November 2018 OECD discussion
Gun Jumping – OECD – November 2018 OECD discussionOECD Directorate for Financial and Enterprise Affairs
 
Monitoring and Evaluation of Private Sector Development
Monitoring and Evaluation of Private Sector DevelopmentMonitoring and Evaluation of Private Sector Development
Monitoring and Evaluation of Private Sector DevelopmentIndependent Evaluation Group /World Bank Group
 
Monitoring and Evaluation of International Development Assistance to the Priv...
Monitoring and Evaluation of International Development Assistance to the Priv...Monitoring and Evaluation of International Development Assistance to the Priv...
Monitoring and Evaluation of International Development Assistance to the Priv...CesToronto
 

Contenu connexe

Tendances

Negos introduction 1
Negos introduction 1Negos introduction 1
Negos introduction 1hdori
 
TC - FCA Positive Compliance Workshop - December 2014
TC - FCA Positive Compliance Workshop - December 2014TC - FCA Positive Compliance Workshop - December 2014
TC - FCA Positive Compliance Workshop - December 2014Tony Catt
 

Tendances (20)

Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
 
Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...
Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...
Ex-Ante Regulation and Competition in Digital Markets – OECD Secretariat – De...
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
 
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussionMerger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
 
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
Methodologies to measure market competition – John Davies – Feb 2021 OECD Wor...
 
The role of market studies as a tool to promote competition – CANADA – Novemb...
The role of market studies as a tool to promote competition – CANADA – Novemb...The role of market studies as a tool to promote competition – CANADA – Novemb...
The role of market studies as a tool to promote competition – CANADA – Novemb...
 
Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...
Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...
Methodologies to Measure Market Competition – CHINESE TAIPEI – June 2021 OECD...
 
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
Methodologies to measure market competition – Stephen Davies – Feb 2021 OECD ...
 
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 2 – Techniq...
 
Competition and Market Studies in Latin America: The case of Chile, Colombia,...
Competition and Market Studies in Latin America: The case of Chile, Colombia,...Competition and Market Studies in Latin America: The case of Chile, Colombia,...
Competition and Market Studies in Latin America: The case of Chile, Colombia,...
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
 
Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...
Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...
Market Studies and Competition - María Sobrino Ruiz & Raquel Tárrega, Market ...
 
Investigative powers in practice – EUROPEAN UNION – November 2018 OECD GFC
Investigative powers in practice – EUROPEAN UNION – November 2018 OECD GFCInvestigative powers in practice – EUROPEAN UNION – November 2018 OECD GFC
Investigative powers in practice – EUROPEAN UNION – November 2018 OECD GFC
 
Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...
Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...
Market Studies and Competition - Caroline Teyssié - Rapporteure at the Autori...
 
Negos introduction 1
Negos introduction 1Negos introduction 1
Negos introduction 1
 
TC - FCA Positive Compliance Workshop - December 2014
TC - FCA Positive Compliance Workshop - December 2014TC - FCA Positive Compliance Workshop - December 2014
TC - FCA Positive Compliance Workshop - December 2014
 
Obstacles to international enforcement co-operation
Obstacles to international enforcement co-operationObstacles to international enforcement co-operation
Obstacles to international enforcement co-operation
 
OECD Workshop Legal Models Enforcement Co-operation
OECD Workshop Legal Models Enforcement Co-operationOECD Workshop Legal Models Enforcement Co-operation
OECD Workshop Legal Models Enforcement Co-operation
 
Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...
Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...
Methodologies to measure market competition – New Zealand – Feb 2021 OECD Wor...
 
Gun Jumping – OECD – November 2018 OECD discussion
Gun Jumping – OECD – November 2018 OECD discussionGun Jumping – OECD – November 2018 OECD discussion
Gun Jumping – OECD – November 2018 OECD discussion
 

Similaire à Economic Analysis in Merger Investigations – Break-out Session 3 – The role of economists in merger teams and qualitative evidence review – UK – December 2020 OECD discussion

Monitoring and Evaluation of International Development Assistance to the Priv...
Monitoring and Evaluation of International Development Assistance to the Priv...Monitoring and Evaluation of International Development Assistance to the Priv...
Monitoring and Evaluation of International Development Assistance to the Priv...CesToronto
 
Measuring and improving state sector productivity - draft report
Measuring and improving state sector productivity - draft reportMeasuring and improving state sector productivity - draft report
Measuring and improving state sector productivity - draft reportProductivity Commission
 
Unit 2 rorest based enterprse.pptx
Unit 2 rorest based enterprse.pptxUnit 2 rorest based enterprse.pptx
Unit 2 rorest based enterprse.pptxNabarajUpadhaya
 
Feasibility study ppt
Feasibility study pptFeasibility study ppt
Feasibility study pptkunal kishore
 
Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned
Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned
Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned The European GNSS Agency (GSA)
 
From theory based policy evaluation to smart policy design: lessons learned f...
From theory based policy evaluation to smart policy design: lessons learned f...From theory based policy evaluation to smart policy design: lessons learned f...
From theory based policy evaluation to smart policy design: lessons learned f...IEA DSM Implementing Agreement (IA)
 
Nes measuring imapct jan 2012
Nes measuring imapct jan 2012Nes measuring imapct jan 2012
Nes measuring imapct jan 2012Rupert Greenhalgh
 
ACCOUNTANCY Research in Practice_week 2.pptx
ACCOUNTANCY Research in Practice_week 2.pptxACCOUNTANCY Research in Practice_week 2.pptx
ACCOUNTANCY Research in Practice_week 2.pptxMaryJoyCelamor
 
Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...
Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...
Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...Audit Office of New South Wales
 
FITT Toolbox: Valuation Methods
FITT Toolbox: Valuation MethodsFITT Toolbox: Valuation Methods
FITT Toolbox: Valuation MethodsFITT
 
The SME Policy Index
The SME Policy IndexThe SME Policy Index
The SME Policy IndexOECDglobal
 

Similaire à Economic Analysis in Merger Investigations – Break-out Session 3 – The role of economists in merger teams and qualitative evidence review – UK – December 2020 OECD discussion (20)

Monitoring and Evaluation of Private Sector Development
Monitoring and Evaluation of Private Sector DevelopmentMonitoring and Evaluation of Private Sector Development
Monitoring and Evaluation of Private Sector Development
 
Monitoring and Evaluation of International Development Assistance to the Priv...
Monitoring and Evaluation of International Development Assistance to the Priv...Monitoring and Evaluation of International Development Assistance to the Priv...
Monitoring and Evaluation of International Development Assistance to the Priv...
 
Measuring and improving state sector productivity - draft report
Measuring and improving state sector productivity - draft reportMeasuring and improving state sector productivity - draft report
Measuring and improving state sector productivity - draft report
 
Unit 2 rorest based enterprse.pptx
Unit 2 rorest based enterprse.pptxUnit 2 rorest based enterprse.pptx
Unit 2 rorest based enterprse.pptx
 
Fair data economy score intro
Fair data economy score introFair data economy score intro
Fair data economy score intro
 
Feasibility study ppt
Feasibility study pptFeasibility study ppt
Feasibility study ppt
 
Resume Debolina Mukherjee
Resume Debolina MukherjeeResume Debolina Mukherjee
Resume Debolina Mukherjee
 
Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned
Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned
Horizon 2020 LEIT-Space 2016-participaton rules and lessons learned
 
From theory based policy evaluation to smart policy design: lessons learned f...
From theory based policy evaluation to smart policy design: lessons learned f...From theory based policy evaluation to smart policy design: lessons learned f...
From theory based policy evaluation to smart policy design: lessons learned f...
 
H2020 Infoday Proposals Submission
H2020 Infoday Proposals SubmissionH2020 Infoday Proposals Submission
H2020 Infoday Proposals Submission
 
Nes measuring imapct jan 2012
Nes measuring imapct jan 2012Nes measuring imapct jan 2012
Nes measuring imapct jan 2012
 
ACCOUNTANCY Research in Practice_week 2.pptx
ACCOUNTANCY Research in Practice_week 2.pptxACCOUNTANCY Research in Practice_week 2.pptx
ACCOUNTANCY Research in Practice_week 2.pptx
 
TOSSD: Item 8, Options for measuring technical co-operation
TOSSD: Item 8, Options for measuring technical co-operationTOSSD: Item 8, Options for measuring technical co-operation
TOSSD: Item 8, Options for measuring technical co-operation
 
Aspectes clau sobre el mecanisme d’avaluació de projectes
Aspectes clau sobre el mecanisme d’avaluació de projectesAspectes clau sobre el mecanisme d’avaluació de projectes
Aspectes clau sobre el mecanisme d’avaluació de projectes
 
OPERATION STRATEGY
OPERATION STRATEGYOPERATION STRATEGY
OPERATION STRATEGY
 
Pushpendra Prakash Resume
Pushpendra Prakash ResumePushpendra Prakash Resume
Pushpendra Prakash Resume
 
Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...
Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...
Ag pres sopac_contestability_public_sector_business_model_of_the_future_march...
 
Muic term projects feb 2017
Muic term projects feb 2017Muic term projects feb 2017
Muic term projects feb 2017
 
FITT Toolbox: Valuation Methods
FITT Toolbox: Valuation MethodsFITT Toolbox: Valuation Methods
FITT Toolbox: Valuation Methods
 
The SME Policy Index
The SME Policy IndexThe SME Policy Index
The SME Policy Index
 

Plus de OECD Directorate for Financial and Enterprise Affairs

Plus de OECD Directorate for Financial and Enterprise Affairs (20)

OECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - HighlightsOECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - Highlights
 
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
 
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussionEx-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussionEx-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
 
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
 
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
 
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussionAlternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
 
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussionAlternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
 
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
 
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
 
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
 
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
 
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
 
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussionSerial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
 
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
 
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussionSerial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
 
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
 
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
 

Dernier

Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoKayode Fayemi
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lodhisaajjda
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfSkillCertProExams
 
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityUnlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityHung Le
 
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...ZurliaSoop
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...amilabibi1
 
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...David Celestin
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalFabian de Rijk
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar TrainingKylaCullinane
 
Introduction to Artificial intelligence.
Introduction to Artificial intelligence.Introduction to Artificial intelligence.
Introduction to Artificial intelligence.thamaeteboho94
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Baileyhlharris
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIINhPhngng3
 
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfSOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfMahamudul Hasan
 
Zone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxZone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxlionnarsimharajumjf
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatmentnswingard
 

Dernier (17)

Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
 
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityUnlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
 
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
 
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
 
ICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdfICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdf
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of Drupal
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar Training
 
Introduction to Artificial intelligence.
Introduction to Artificial intelligence.Introduction to Artificial intelligence.
Introduction to Artificial intelligence.
 
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait Cityin kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Bailey
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio III
 
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfSOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
 
Zone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxZone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptx
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatment
 

Economic Analysis in Merger Investigations – Break-out Session 3 – The role of economists in merger teams and qualitative evidence review – UK – December 2020 OECD discussion

  • 1. The role of economists in merger teams and qualitative evidence review 1 OECD Global Forum for Competition Ina Esser, Assistant Director of Economics, CMA 9 December 2020
  • 2. Economists in merger teams ● Embedded in the case team and involved from the very beginning of cases ● Economists play central role - Assess how competition in a given industry works - Formulate theories of harm and determine economic frameworks to assess the merger - Develop evidence-gathering strategy and undertake assessment - Assess strength of different pieces of evidence 2
  • 3. Wider contribution of economists ● Developing the toolkit - Increasing prominence of digital services and technology products • These kinds of markets are often characterised by particular economic features - Developing approaches for assessing competition in dynamic markets and assessing potential competition - Published revised Merger Assessment Guidelines for consultation in November 2020 3
  • 4. Qualitative evidence review ● Different types of qualitative evidence, including internal documents and third-party views ● Different professions on a case team work closely together - Economists play an important role in requesting and interpreting qualitative evidence - Work by CMA’s Data, Technology and Analytics (DATA) team on processing internal documents 4
  • 5. Qualitative evidence in recent cases ● Tobii/Smartbox - Customer views to assess closeness of competition ● Illumina/PacBio - Assessing the likelihood and impact of innovation in the context of uncertainty through internal documents ● Amazon/Deliveroo - Using internal documents to assess incentives to re-enter in the context of potential competition ● PayPal/iZettle - Scrutinising evidence on deal valuation 5