In mature payments markets, the biggest gains no longer just come from expanding basic access. They also come from making everyday transactions faster, safer and more reliable. Our latest report, commissioned by Google, shows how small reductions in payment friction, repeated across billions of transactions, can add up to a material contribution to GDP. The […]
The Middle East conflict risks sparking a renewed affordability crisis The ongoing conflict in the Gulf has led to a sharp rise in gas prices across the globe. For example, the NBP one-month forward gas future price, a key benchmark for UK gas prices, has risen by over 50% since the start of the year. Energy consumers in the UK are particularly exposed: gas sets the UK wholesale electricity price around 60% of the time according to DESNZ, and almost 90% of households in England use gas as the main […]
This blog post is an updated version of an article first published in Competition Policy International. Introduction: From economic models to commercial reality In the past, merging parties often saw economic evidence – such as a well-crafted merger simulation or upward pricing pressure analysis – as the best way to convince competition authorities to clear a transaction. That is […]
