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The inaugural event of the Regulatory Policy Insitute ANZ (RPI ANZ), “Rebuilding faith in institutions, markets and competition – what is the way forward?” will be a full house this evening, with the event reaching capacity registration.

The panel discussion will feature George Houpis, Director of Frontier Economics alongside Professor George Yarrow, former chair of the Regulatory Policy Institute in Europe, Rosemary Sinclair, CEO of Energy Consumers Australia and Peter Kell, former deputy chair at regulators the Australian Securities and Investments Commission (ASIC) and the Australian Competition and Consumer Commission (ACCC).

George will focus on issues and challenges that governments and consumers face in the area of digital platforms. The ACCC’s report into digital platforms was released in mid-2019, and raised certain areas that the Australian regulator was looking into. Many of these same issues are concerning other regulators around the world. George’s presentation will discuss whether existing frameworks are enough to regulate this sector, with particular insights from the European context.

Frontier Economics is jointly sponsoring this event with Herbert Smith Freehills.

Frontier Economics (Europe) director George Houpis is visiting Australia and will present at the inaugural seminar of the Regulatory Policy Institute ANZ on Thursday 29 November.  "Rebuilding faith in institutions, markets and competition: what is the way forward?" will look at challenges revealed in regulated markets such as financial services, energy and the digital space. Is competition in these markets working effectively to deliver beneficial outcomes to consumers?

To respond to these challenges, there have been calls for greater regulation, greater competition and more enforcement. Different types of intervention have been put forward, and other issues are also now on the policy table: fairness, culture, ethics and trust. So what next for the policy environment? What comes next for regulation, markets and consumer?

George is a founding director of Frontier Economics and specialises in the theory and application of regulation and competition policy, market research and forecasting in the telecoms, postal and other sectors.

Along with George Houpis, the panellists discussing these issues include Professor George Yarrow, former chair of the Regulatory Policy Institute in Europe, Rosemary Sinclair, CEO of Energy Consumers Australia and Peter Kell, former deputy chair of ASIC and the ACCC. The panel will be chaired by Liza Carver, Regional Head of Practice, Competition, Regulation and Trade at Herbert Smith Freehills.

To register for this event, please visit the event booking page.

Frontier Economics is jointly sponsoring this event with Herbert Smith Freehills.

For more information, contact us.

The Australian Competition and Consumer Commission (ACCC) announced today that it would provide informal clearance for ANZ Terminals to buy GrainCorp Bulk Liquid Terminals (GNCLT).  ANZ Terminals and GNCLT provide bulk liquid storage services at a number of ports in Australia.

Lawyers for the ACCC sought advice from Frontier Economics on some economic issues raised by the merger, which centred around competition in certain markets that both companies operate in. The clearance is subject to an undertaking from ANZ Terminals that it would not lease any more of the limited land remaining at the Port of Melbourne's Coode Island without the permission of the ACCC. ANZ Terminals must also divest a facility in South Australia, while GrainCorp must retain a bulk liquid facility in Port Kembla.

Frontier Economics regularly advises clients on a range of competition matters.

For more information, contact us.

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