Competition authorities are increasingly undertaking wide-ranging market studies and investigations where they consider that the structure of a particular market, or the conduct of businesses in it, is harming competition.
Market investigations place a considerable burden on the businesses involved. They are lengthy and complex, and may ultimately lead to the imposition of remedies that undermine the way those businesses operate.
At the same time, market investigations present opportunities for businesses seeking to prompt or influence legislative or regulatory change.
Whichever camp our clients fall into, we work with them to ensure that, if the market they operate in is under scrutiny, their voice is heard and backed up by strong representation, cogent advice and sound data.
We have been involved in a number of proposed and actual market investigations over recent years ranging from aggregates, cement and ready mix concrete to private motor insurance, payday lending and energy.
Our familiarity with the process and the markets involved means we guide clients smoothly and effectively through the process.
Our support ranges from preparing written submissions to the Competition and Markets Authority or relevant regulator, and representing clients at hearings, to working with economists and other consultants. We can also marshal evidence to support key arguments that clients wish to make.
Market investigations can involve considerable expense and uncertainty. Our experience in this area and our consistent partner-led approach ensures that we deliver the right outcome.