The regulations governing the exchange of goods and services have far-reaching implications. From efficiency in production and consumption to whether the market will be seen as strong enough for private investment and entry.
Market design is complex and must take into account many factors:
When designing effective and competitive markets, policymakers and regulators need to understand the incentives that are needed, and to understand the market structures and mechanisms that will deliver them.
We have experience in all aspects of market design and auctions, and we have advised clients on them in a variety of industries.