EMEA THE ANALYSIS
Economic analysis can clarify even the most intractable issues, to inform better decisions. Here we bring the best that economics has to offer without bias: setting out what is and isn’t known, and what needs to be considered when there is no consensus.
FROM THE EDITOR
In The Analysis, we consider the complex challenges that businesses and policymakers face, and demonstrate the light that economic analysis can shed on them – albeit partially – to inform better decisions and advance important debates.
In this edition, our economists:
• Explore how the simultaneous presence of labour and product market power can make it difficult to tell whether a conduct will harm or benefit the firm’s workers and consumers, and how economic theory is useful for navigating through that complexity;
• Explain why the potential threat that long-term energy contracts pose to competition has decreased over time, and why the potential benefits of such contracts have increased; and
• Discuss how “benchmarks” can help validate whether the royalties inferred from comparable contracts are FRAND in standard-essential patent disputes.