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A substantial programme of reform to the GB electricity market is being considered in the coming years as part of the government’s Review of Electricity Market Arrangements (REMA). A key decision relates to whether locational pricing, specifically a zonal wholesale market, should be introduced.1 Frontier Economics has published a report identifying potential reforms to electricity balancing in Great Britain (GB).
Is a new framework needed to assess antitrust risk?
In 2022, the USA enacted the Inflation Reduction Act (IRA). While the Act contains a number of measures, some of its more eye-catching measures are those that aim to promote decarbonisation. To do this, the IRA aims to provide subsidies and tax credits directed notably at electricity generation from renewable energy sources and input assets, batteries, electric vehicle (EV) sector and the production of low emissions fuels like hydrogen.
The European Commission (EC) has recently published a preliminary report on its sector inquiry into the consumer Internet of Things (IoT).
Following a challenging legislative process lasting well over a year, on 24 March the European Council and the European Parliament reached a provisional political agreement on the Digital Markets Act (DMA)
Ofcom today published its findings from an in-depth review into mobile handset pricing.
The microbusiness sector in the UK has experienced significant growth over the last two decades. Microbusinesses (employing 0-9 people – excluding the owner)have increased from 3.5 million in 2000 to 5.2 million today. In contrast, other business sizes have seen minimal growth or a decline during the same period. As a result, microbusinesses now contribute to 32% (8.7 million employees) of private sector employment and 19% of total economic output (£808 billion).
We’re pleased to announce that a number of Frontier economists have written articles which have been nominated in the Concurrences Antitrust Writing Awards 2022.