Regulation
Ensuring proper incentives and outcomes in regulated industries such as gas, electricity, water, telecoms and aviation.
Like it or not, economic regulation touches every part of our lives: from the water we drink to the gas and electricity we use to heat and light our homes.
The general idea is that well functioning markets deliver great outcomes for consumers, but that sometimes market failures are so severe that consumers are at risk, and so economic regulation is used. Well designed economic regulatory regimes incentivise investment at a fair price and deliver great outcomes for regulated businesses, investors and consumers alike.
At Clarity, economic regulation is at the core of what we do. We have a wealth of experience in economic regulation. Our expertise comes not from just a deep understanding of the theory of economic regulation, but also, because we have held senior roles in regulated businesses and environments, in how it works on the ground. We have advised and continue to advise, Governments, regulators and blue chip businesses in the UK and abroad.
Our core areas of skill in economic regulation include:
- Review of existing economic regulatory regimes
- Design of new regulatory regimes
- Management and conduct of price controls
- Service Quality / Outcome Based Regulation
- Incentive regime and design
