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Study Group: Energy and Utilities Industry Experts: Lawyers (UK)

Council Members in this Study Group: 42

This study group may include professors, attorneys, former regulatory officers, and consultants knowledgeable on topics such as law and litigation issues, lobbying, policy and government, elections, antitrust, immigration, intellectual property, and legislation, among others.

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Leading Experts in this Study Group

Stephen Tupper, Partner and Head of Competition & Regulatory Group, WATSON, FARLEY & WILLIAMS LLPStephen Tupper

Partner and Head of Competition & Regulatory Group
WATSON, FARLEY & WILLIAMS LLP
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Stephen Tupper is partner and Head of the Competition and Regulatory Group at Watson Farley & Williams in London, where he has over 20 years of relevant experience. Mr. Tupper has considerable knowledge of utilities, chemicals, consumer products, music,...

Peter Styles, Principal Consultant, Stratos European Policy LimitedPeter Styles

Principal Consultant
Stratos European Policy Limited
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Peter Styles is the principal consultant at Stratos European Policy in England, where he offers analytical and related consulting services to business clients with an interest in European Union policy development and regulation. He follows broad trends...

GLG NewsSM Analyses by this Study Group's Leading Experts(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

The European Commission may struggle to reflect national views on financial sector regulation

May 1, 2009

Industry attacks draft EU hedge-fund bill | www.euractiv.com

The largest EU Member States, represented directly in the G7 and/or the G20, have given the European Commission a clear mandate to propose new regulatory controls over alternative investment managers operating inside the EU. Mostly affected will be hedge, private equity and venture capital funds above a threshold size. While the Commission has produced quite clear proposals (albeit criticised from many quarters), once the new European Parliament has been elected and once the Swedish Presidency of the EU Council gets started, we will witness a battle royal among Member State governments to influence the precise legislative outcome  

Green certificates would gain value if flat rate feed-in tariffs were phased out

April 10, 2008

Incentives to Invest in Electricity Production from Renewable Energy under Different Support Schemes | www.arrhenius.de

There is another flaw in the Arrhenius argument, not mentioned in peer reviews dealing with the distinction between wholesale power market spot and future prices. The Arrhenius authors appear to assume that green certificates would be issued or required on top of the German feed-in tariff regime, rather than as an eventual complete replacement for it. Instead, any reasonable assumptions, about reform of the German regime and EU harmonisation of means of support according to market based principles, would suggest that a quota scheme should eventually replace flat rate feed-in tariffs. Enhanced value for investors could then come not from overly generous guaranteed payments but from their meeting the marginal need for certificates, valid EU wide, in those countries or on the part of those suppliers who become most "short".   

Germany's competition authority prohibits Phonak’s takeover of GN ReSound

December 20, 2007

TBA | www.bloomberg.com

The block placed on the Phonak/ReSound merger in the hearing aids market by the German competition authorities although significant should not be seen as the rule but as an exceptional event. The nature of the market and the existence of a vociferous complainant competitor that is headquartered in Germany were decisive factors. The statistical evidence does not suggest that the German authorities are in any way predisposed to block so-called foreign-to-foreign transactions.  This article examines the background to Germany's intervention and provides a view with regard to its implications. 

More than just the fate of Microsoft riding on the European Court's decision

July 20, 2007

EU court to rule on landmark Microsoft antitrust case on Sept 17 | www.forbes.com

Whilst the upcoming decision of the European Court of First Instance promises to be a blockbuster in its own right, there is more at stake than the interests of the parties directly involved and the industrial sector that they represent. An entire zone of European antitrust enforcement, namely the regulation of anticompetitive conduct perpetrated by dominant companies, has been kept in suspended animation by the Commission pending the outcome of Microsoft's case. Should the Commission win then it will feel refreshed and enfranchised.  Dominant corporates will then have to look to their compliance programmes and hope that no one sees fit to complain about their activities in the immediate aftermath.  By the same token, should the Court rule in favor of Microsoft then the Commission will remain in its shell.  The Davids of this world will then have to contemplate a struggle with their respective Goliaths without the benefit of a sling.

EU unlikely to follow suit on minimum prices anytime soon

July 9, 2007

High Court eases ban on minimum prices | money.cnn.com

Whilst moving to a more economics-based approach makes good theoretical sense, it is going to make antitrust compliance a great deal harder to achieve. The EU is unlikely to match the US with regard to the legality of enforcing minimum retail prices any time soon. That being said resale price maintenance in the EU is already treated in some EU Member States as a lesser antitrust offence.

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Members in this Study Group include these company types:

  • Law Firm (general practice/large)
  • Law Firm (Boutique / Specialized)
  • Law firm (small / solo)
  • Academic Institution*
  • Lobbying Firm
  • Independent Consulting Firm

Members in this Study Group often have these job titles:

  • Partner
  • Attorney
  • Director