Centre for Competition & Regulatory Policy
Welcome to the Centre for Competition & Regulatory Policy.
CCRP is a research-oriented centre that brings together academics and practitioners working in the areas of competition and regulation. The Centre was established in June 2005.
Founding and organising members
- Director Dr Xeni Dassiou (City University London)
- Dr Albert Banal-Estanol (City University London)
- Emeritus Professor John Cubbin (CCRP, City, University of London)
- Dr Francesc Trillas (Universitat Autonoma de Barcelona)
- Honorary Visiting Professor Jon Stern (Senior Visiting Fellow, CCRP, City University London)
Other academic staff members
- Professor Neelam Jain (City University London)
- Professor Mireia Jofre-Bonet (City University London)
- Professor Klaus Zauner (City University London)
Our aim is to develop and disseminate research that can improve the functioning of regulated and non-regulated markets. To this end, our members are currently working on a wide range of relevant topics in competition and regulation as well as on themes in the broader sphere of IO (e.g. industrial organization and financial economics interaction, mode of entry of multinational firms in foreign markets, impact of the nature of the financial contracts on competition in the real sector, effects of corporate debt on managerial compensation, managerial herding, mergers, trust updating in infrastructure contracts, estimating dynamic discrete choice models, etc.), Game Theory and Behavioural Economics. As part of our research programme, we are making available a set of Working Papers and Publications by the Centre members and academic staff.
Among other activities, the CCRP has organised during the last decade regular bi-annual research workshops, special policy event days and more recently annual competition policy roundtables. The thematic coverage of such events includes the following:
- Economic Regulation of Infrastructure Industries (including Electricity, Telecoms, Gas, Water and other infrastructure industries such as airports, postal services, etc.)
- Economic Regulation of Quasi-Markets (e.g. Health, Education, and other public services)
- General, Legal and Industry/Market specific Competition Policy Issues
- Boundaries and overlaps between Economic Regulation and Competition Policy for Utilities and Networks, Financial Services, Quasi-Markets, etc.
- The role of Behavioural Economics in Competition and Regulation
- ESRC grant: Benefits and Costs of Knowledge and Technology Transfer: A Panel Data Analysis; RESE-000-22-2806; 94,000.
- City University Pump Priming Research Grant: Pilot Study of the Benefits and Costs of Knowledge and Technology Transfer; £6,000.
Research Work Commissioned
Work commissioned by the BBC Trust, January 2016
- Charter Review price setting models: A rail and road comparison study, Dr Xeni Dassiou, January 2016. Please refer to The BBC Trust for full details.
CMA (Competition and Markets Authority) September 2016 (3+1 years) Framework Contract for the provision of “Economic and Social Research Services to the CMA” (PROC 084 -2015 , Dr Xeni Dassiou, Dr Albert Banal-Estanol, Dr Klaus Zauner, subcontractors for Rand Europe)
Financial Ombudsman Service, London, 2015
Training course on economic markets, asymmetric information and behavioural economics for the senior management of the FOS. (Dr Xeni Dassiou, £4,320)
Ofgem (Office for gas and electricity markets), London, February 2008- January 2012
Training courses on energy competition and regulation for energy markets regulators. (Dr Xeni Dassiou and Dr Albert Banal-Estanol, £60,200)
Ofgem (Office for gas and electricity markets), London, October 2002 - October 2007
Training courses on energy competition and regulation for energy markets regulators. (Dr Xeni Dassiou and Professor John Cubbin, in excess of £50,000)
Recent Collaboration Activities
Institute of Economic Affairs (IEA) - The Beesley Lectures
CCRP is delighted to confirm the continuation of its involvement as an academic partner to the running of the Beesley Lectures which are run by the Institute of Economic Affairs. The partnership commenced in 2012.
The Beesley Lectures were named in memory of Professor Michael Beesley who founded the series in 1991 and organised them until his death in 1999. Professor Beesley was a leading architect of the British system of utility regulation and a managing trustee of the IEA.
The lectures are a professional and social highlight for representatives from across the regulatory spectrum and continue to attract key figures from all business sectors. This annual series consists of 8 weekly winter evening lecturers running in late October – early December.
The January 2017 CCRP Annual Competition Policy Round Table took place at Cass Business School on Thursday 19th January. This year’s topic was “Brexit and the Future of Competition Policy; Key Issues and Challenges”.
The School of Arts and Social Sciences kindly sponsored the event this year; we are thankful to the School’s Dean Theo Farrell for his support. The Round Table was conducted under Chatham House rules.
The objective of this year’s Round Table was to identify the issues that arise in competition policy as a result of the Brexit and briefly look at the choices that may emerge. The panellists discussed the economic and legal principles, institutions and practices already in place, and the challenges and opportunities as these appear. Two days before the Round Table the Prime Minister’s talk provided some clarity as to the type of exit model that is likely to be pursued by the government; this sharpened the focus of the Round Table as it regards the economic and legal implications for the UK’s competition and regulatory model.
Some of the speakers have provided their slides from the roundtable which you can click through to view below.
Speakers and Panellists
Xeni Dassiou, Director, CCRP
Round table chair
Jon Stern, Honorary Visiting Professor, CCRP, City University of London
- Antonio Bavasso, Visiting Professor, UCL & Partner Co-Head Antitrust, Allen & Overy
- Andrea Coscelli, Acting CEO, Competition and Markets Authority
- Helen Jenkins, Managing Partner, Oxera
- Mary Starks, Director of Competition, Financial Conduct Authority
- Helen Weeds, CCRP Associate & CRA
CCRP Roundtable 21st January 2016
CCRP's winter 2016 competition policy roundtable was this year hosted by the Competition and Markets Authority (CMA) on Thursday 21 January 2016.
The January Round Table’s topic was “Competition Policy, Markets and Social Obligations in a Digital World". Jon Stern was the acting Chair, with panel contributors: Alex Chisholm (CMA), Xeni Dassiou (City, University of London), Amelia Fletcher (UEA), Eliana Garces-Tolon (European Commission), David Stewart (Towerhouse) and Jonathan Oxley (Ofcom).
Read Alex Chisholm’s (CMA Chief Executive) full address at the CCRP 2016 Competition Policy Roundtable.
19th CCRP Roundtable and National Audit Office Presentation: Public Service Markets, 22nd January 2015
The January 2015 CCRP workshop took place at City University, in Room C309, Tait Building. See the programme including times and details of the panellists and speakers for the morning Round Table (11:00-13:00) and the NAO afternoon (14:00-16:00) event. A list of the participants and the presentation slides are available to view.
The British Regulation Model: Beyond Competition and Incentive Regulation? March 2014
Joint one day conference: CARR (LSE), CCRP and the IEA. 31st March 2014
The Littlechild Report was published just over 30 years ago. As utility regulation in the UK is moving into established middle age how has the legacy fared in the UK, the EU - and globally? The one-day conference considered the impact of the Littlechild Report on thinking about the regulation of telecommunications, electricity, water and other utility industries. It also left a significant policy impact with a legacy that includes independent regulatory institutions, incentive based regulation and a focus on the role of competition. The contemporary age of utility regulation is characterised by considerable uncertainty about its direction. Regulatory instruments and strategies as well as the role of competition are under challenge across sectors and jurisdictions. Similarly, the boundaries that distinguish independent regulatory and competition authorities from other organizations and from government policy have become more blurred, while the landscape of regulated firms has also changed considerably.
The conference considered the legacy of the Littlechild Report in the context of the UK, the wider OECD, and the developing world. A number of themes emerged. One was the realisation about both the potential of extending competition in utilities, as well as the persistence of the need to regulate certain monopoly aspects. A second aspect was the growing attention paid to co-ordination among sectoral regulators, and among sectoral regulation and competition policy more generally. A third aspect was the role of consumers, including whether and far they could contract directly with utilities. Furthermore, the boundary lines between regulation and politics clearly remain contested. The sessions on the wider OECD and the developing world pointed to varied experiences, noting how regulatory institutions were very much a product of particular political institutions and pre-requisites.
For full details on the conference programme and copies of the papers presented by the speakers please refer to: