Industries
INDUSTRIES
Sectoral depth that shapes better analysis
Economic analysis does not operate in a vacuum. Every market has its own regulatory logic, competitive dynamics, and data landscape. Delivering results that hold up under scrutiny — before authorities, in courtrooms, or at the boardroom table — requires more than methodological rigour. It requires an intimate understanding of how each sector actually works: its value chains, its pressure points, its institutional environment, and the way firms within it compete, price, and grow.
Our team brings hands-on sectoral experience built over years of engagement with the industries we serve. This means faster identification of the right analytical approach, sharper interpretation of firm-level data, and conclusions that resonate with decision-makers who know their own markets.
Complex by nature and strategic by design, financial services remain a priority sector for competition authorities and regulators worldwide.
The rapid evolution of fintech, open banking, and digital payment infrastructure is reshaping competitive dynamics — particularly in retail products — while creating new questions around market definition, barriers to entry, and consumer switching behaviour.
In a globalised economy, the performance of financial institutions increasingly depends on strategic partnerships, platform integration, and regulatory positioning.
Our expertise spans competition economics, market design analysis, regulatory impact assessment, and strategic advisory across banking, insurance, and capital markets.
Few sectors attract as much attention from competition authorities, media, and consumers as retail.
The structural shift towards e-commerce, the rise of multichannel and omnichannel strategies, and persistent challenges around logistics and supply chain resilience continue to reshape competitive conditions.
At the same time, evolving consumer behaviour — including free-riding across channels — places pressure on business models and vertical relationships in ways that require careful economic assessment.
Our work in this sector covers merger reviews, competitive assessments, vertical restraint analysis, and strategic evaluation of business models and pricing architectures.
Digital markets have fundamentally disrupted established industries, reconfiguring business models from the sharing economy to online platforms and e-commerce.
As the primary focus of competition enforcement globally, these markets present a distinct set of economic challenges: network effects, data advantages, multi-sided platform dynamics, and the pace at which innovation can both create and foreclose competition.
Regulatory frameworks are evolving rapidly, exposing market participants to both overregulation risk and intense competitive pressure from adjacent and emerging players.
Our expertise supports clients in navigating regulatory risks through rigorous economic analysis applied to market design, merger reviews, and antitrust proceedings.
At the intersection of intellectual property, public policy, and competition law, healthcare markets operate under uniquely high regulatory and public scrutiny.
Innovation incentives, driven by patent protection, R&D investment, medical device development, and strategic M&A, must be balanced against concerns around market access, pricing transparency, and consumer welfare.
Commercial strategies in this sector, from patent lifecycle management and distribution arrangements to hospital consolidations and healthcare service delivery models, carry significant implications for all stakeholders.
Our work provides economic analysis across the full range of issues arising in this sector, including strategic assessments, impact evaluations, regulatory reviews, and support in merger and antitrust proceedings.
Energy
Gas, oil, and electricity are foundational to the functioning of the broader economy, and their market structures — often concentrated and heavily regulated — generate persistent demand for economic analysis.
The energy transition, decarbonisation targets, and the integration of renewable sources are adding new layers of complexity to an already intricate regulatory environment.
Market design choices in this sector carry significant consequences for investment, pricing, and consumer welfare.
Our work covers regulatory reviews, market design analysis, public policy assessment, and support in merger and antitrust proceedings.
Transportation
Transportation is a backbone sector with substantial spillover effects across the economy.
Poor market functioning in transport generates externalities that propagate widely — through supply chains, labour markets, and consumer access.
The emergence of multimodal networks, the digitisation of logistics, and evolving regulatory paradigms for both traditional and innovative transport services are creating new economic challenges that require rigorous analytical treatment.
Our expertise extends to strategic analysis, impact assessment, regulatory reviews, market design evaluation, and support in merger and antitrust proceedings.
Telecommunications and media form the infrastructure layer of both the digital economy and traditional commerce.
Rapid technological change, convergence between content and distribution, and successive waves of regulatory reform create a constantly evolving competitive landscape.
The economic challenges in this sector — from spectrum allocation and network investment to content bundling and platform competition — demand analysis that is both technically rigorous and attuned to sector-specific dynamics.
Our expertise covers market design, regulatory risk assessment, and economic analysis for mergers and antitrust cases.
Complex by nature and strategic by design, financial services remain a priority sector for competition authorities and regulators worldwide.
The rapid evolution of fintech, open banking, and digital payment infrastructure is reshaping competitive dynamics — particularly in retail products — while creating new questions around market definition, barriers to entry, and consumer switching behaviour.
In a globalised economy, the performance of financial institutions increasingly depends on strategic partnerships, platform integration, and regulatory positioning.
Our expertise spans competition economics, market design analysis, regulatory impact assessment, and strategic advisory across banking, insurance, and capital markets.
Few sectors attract as much attention from competition authorities, media, and consumers as retail.
The structural shift towards e-commerce, the rise of multichannel and omnichannel strategies, and persistent challenges around logistics and supply chain resilience continue to reshape competitive conditions.
At the same time, evolving consumer behaviour — including free-riding across channels — places pressure on business models and vertical relationships in ways that require careful economic assessment.
Our work in this sector covers merger reviews, competitive assessments, vertical restraint analysis, and strategic evaluation of business models and pricing architectures.
Digital markets have fundamentally disrupted established industries, reconfiguring business models from the sharing economy to online platforms and e-commerce.
As the primary focus of competition enforcement globally, these markets present a distinct set of economic challenges: network effects, data advantages, multi-sided platform dynamics, and the pace at which innovation can both create and foreclose competition.
Regulatory frameworks are evolving rapidly, exposing market participants to both overregulation risk and intense competitive pressure from adjacent and emerging players.
Our expertise supports clients in navigating regulatory risks through rigorous economic analysis applied to market design, merger reviews, and antitrust proceedings.
At the intersection of intellectual property, public policy, and competition law, healthcare markets operate under uniquely high regulatory and public scrutiny.
Innovation incentives, driven by patent protection, R&D investment, medical device development, and strategic M&A, must be balanced against concerns around market access, pricing transparency, and consumer welfare.
Commercial strategies in this sector, from patent lifecycle management and distribution arrangements to hospital consolidations and healthcare service delivery models, carry significant implications for all stakeholders.
Our work provides economic analysis across the full range of issues arising in this sector, including strategic assessments, impact evaluations, regulatory reviews, and support in merger and antitrust proceedings.
Gas, oil, and electricity are foundational to the functioning of the broader economy, and their market structures — often concentrated and heavily regulated — generate persistent demand for economic analysis.
The energy transition, decarbonisation targets, and the integration of renewable sources are adding new layers of complexity to an already intricate regulatory environment.
Market design choices in this sector carry significant consequences for investment, pricing, and consumer welfare.
Our work covers regulatory reviews, market design analysis, public policy assessment, and support in merger and antitrust proceedings.
Transportation is a backbone sector with substantial spillover effects across the economy.
Poor market functioning in transport generates externalities that propagate widely — through supply chains, labour markets, and consumer access.
The emergence of multimodal networks, the digitisation of logistics, and evolving regulatory paradigms for both traditional and innovative transport services are creating new economic challenges that require rigorous analytical treatment.
Our expertise extends to strategic analysis, impact assessment, regulatory reviews, market design evaluation, and support in merger and antitrust proceedings.
Telecommunications and media form the infrastructure layer of both the digital economy and traditional commerce.
Rapid technological change, convergence between content and distribution, and successive waves of regulatory reform create a constantly evolving competitive landscape.
The economic challenges in this sector — from spectrum allocation and network investment to content bundling and platform competition — demand analysis that is both technically rigorous and attuned to sector-specific dynamics.
Our expertise covers market design, regulatory risk assessment, and economic analysis for mergers and antitrust cases.