REGULATION AND ECONOMIC CONSULTANCY


Regulation may be defined as the intervention of public authorities on the market in order to remove persistent market disruptions that cannot be overcome by simply enforcing competition rules; however, each regulation results in a significant cost to the market mechanism. Therefore regulation (and deregulation) must be activated in a dynamic process in harmony with the functioning of markets to reach an optimal balance. Balance is the result of the equation “the highest possible competition with minimum regulation” may be achieved by means of economic analysis and considerations on competition law. ACTECON offers objective opinions and draft regulations to public authorities for projects such as establishing privatizations in markets with natural monopolies to minimize disruptions as well as creating competitive markets.

Economic Research (back)

ACTECON provides economic researches and formulates opinion for its customers, legal firms, and executive departments of companies. ACTECON defines relevant markets and ascertains requirements to enter into the market by performing dominant position and effective market power analysis, price flexibility analysis, and economic modeling of mergers and acquisitions.

Academic Studies(back)

ACTECON transfers its specialization assets to impartial academic studies so as to ensure that they can be used for public interest or while resolving disputes. Ministries, independent administrative authorities and trade or professional associations benefit from experience of ACTECON so as to determine privatization or deregulation method in transportation or energy sector or to ensure increase of economic efficiency in legislations.

Legislative Preparations (back)

ACTECON fulfills opining, status analysis, and draft legislation proposal studies with reference to the legislative preparations that may have an impact on the business world.

Expert Witness (back)

ACTECON offers solutions in identifying violations in advocacy in relation to competition law, calculate the losses in compensation actions, and make econometric analyses such as setting up tariffs in regulated markets.

Sector Reports (back)

ACTECON analyzes weaknesses and strengths of a sector as well as possible opportunities and threats, looking at the sector from the competition point of view; it lays down a roadmap on competition issues in order to guide new or existing investors.