Based at the University of East Anglia, the Centre for Competition Policy incorporates economic, legal, management, political science and sociological perspectives to produce inter-disciplinary research into competition policy and regulation that has real-world policy relevance, without compromising academic rigour.
Members include academic staff, researchers and PhD students drawn from the School of Economics, UEA Law School, Norwich Business School and the School of Politics, Philosophy, Language and Communication Studies. All have a wide range of knowledge and interest within the field of competition policy and regulation, and maintain the centre’s founding belief that a properly regulated, competitive market can provide consumers with the products they want at the best possible prices. Read more
CCP SEMINAR | 20 April, TPSC 0.1
The next CCP seminar will be on Friday 20 April with David Deller (CCP) presenting on “Micro and Small Businesses’ Satisfaction with the Energy Market”.
ABSTRACT: The CMA Energy Market Investigation identified ‘weak customer response’ as having an adverse effect on competition in the market for microbusinesses and has proposed remedies to increase microbusiness engagement. Remedies include increasing price transparency and encouraging suppliers to contact ‘disengaged’ microbusinesses. Utilising Ofgem survey data the first multivariate analysis of micro and small businesses’(MSBs’) views of the energy market is performed. First, descriptive statistics suggest ‘problems’ in the MSB market are less than in the domestic retail market. Second, MSBs’ recalling a greater number of approaches from energy brokers were associated with lower satisfaction regarding energy brokers or the ‘ease of comparing prices’. This result suggests possible risks from remedies likely to increase contact from suppliers/brokers to MSBs. Third, it is possible that a ‘quirk’ in the VAT system means moderate energy expenditures are associated with a reduction in MSBs’ satisfaction with their current energy supplier’s ‘value for money’ and ‘overall service’
The seminar will take place between 1pm-2pm in Thomas Paine Study Centre (TPSC), Room 0.1.
Tea will be served directly after the seminar in the MBA Café area on Floor 2.
NEXT SEMINAR: 27 April - Chris Willett (School of Law, University of Essex) - “Regulating Prices and Charges: Transparency or Substance? General Clauses or Expert and Incremental Reasoning?”
For the full seminar series programme please visit our website: http://competitionpolicy.ac.uk/events/ccp-seminar-series