SlideShare una empresa de Scribd logo
1 de 8
Descargar para leer sin conexión
Economic analysis to assess
market power
December 7, 2021
RodolfoTupayachi
National Directorate for Investigation and
Promotion of Free Competition
• Conduct:Abuse of dominance by applying discriminatory conditions to
equivalent transactions
• Electricity market
1.Abuse case in the electricity market
Users Peak demand
0.2 MW
2.5 MW
Regulated
Free
Free /
Regulated
Retail
market
Generating Co.
Distribution Co.
Negotiated prices
Regulated prices
Market
Free
Regulated
ri
II. Case details
ENSA (Distributor) v ATRIA (Generator)
• Exemption from the notice period
for regulated users who migrate to
the free market
• Period: 2016 - 2019
SEAL (Distributor) v ATRIA (Generator)
• Exemption from the notice period
for regulated users who migrate to
the free market
• No requirement to install
equipment to regulate the power of
energy to users who migrate to the
free market
• Period: 2016 - 2020
• Dominance of the distribution companies by a legal monopoly
III. Related markets and dominance
Case Relevant market Affected market
ENSA
• Supply of electricity to regulated users with
annual power demand between 0.2 MW and
2.5 MW within ENSA's concession area
• Supply of electricity to regulated users who
decide to switch to free users within ENSA's
concession area
SEAL
• Supply of electricity to regulated users with
annual power demand between 0.2 MW and
2.5 MW within SEAL's concession area
• Distribution of electricity to users with power
demand between 0.2 MW and 2.5 MW within
SEAL’s concession area
• Supply of electricity to regulated users who
decide to switch to free users within SEAL's
concession area
IV.Assessment of the effects
Case Effects Causal nexus
ENSA
• Increasing share of free users captured by
ENSA in the period (from 29% to 60%)
• Increasing share in the power demanded by
new users by ENSA in the period (from 43% to
58%)
• ENSA's price higher than that of competitors
in the free market (+ 36.6%)
• Differential treatment encouraged ENSA’s
regulated users to continue later as free users
with ENSA
• Fulfilled the contract :
• 57% of users opted for a generator
• Users who left ENSA obtained lower prices
(-41%)
SEAL
• Increasing share of free users captured by
SEAL in the period (from 54% to 72%)
• Increasing share in the power demanded by
new users by SEAL in the period (from 42% to
80%)
• SEAL's price higher than that of competitors in
the free market (+ 24.1%)
• Differentiated treatment encouraged SEAL’s
regulated users to continue later as free users
with SEAL
• Fulfilled the contract :
• 59% of users opted for a generator
• Users who left SEAL obtained lower prices
(-21.7%)
V. Main arguments of the defendants
Case Main arguments
ENSA
• The exemption provided by law seeks to protect distribution companies
• Recover investments and competitive factor
• To mitigate losses from user migration
• Limits to renegotiate contracts with generators
• Absence of an appreciable exclusionary effect in the free market
• ENSA assumes risks that generators do not assume
SEAL
• The exemption allows balancing the competitive advantage that generators have over
SEAL
• The right of exemption has been recognized by the sector regulator (Osinergmin)
• SEAL has relaxed the obligation to install equipment, not its exemption
VI. Sanctions and complementary measures
Case Sanction Complementary measure
ENSA
• Fine: USD 0.7 million
• Based on the sales percentages obtained by the
exemption (57%)
• Competition advocacy: recommend the
introduction or modification of regulations
related to the behaviours analysed
SEAL
• Fine: USD 1.0 million
• Based on the sales percentages obtained by the
exemption (46%)
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniques and evidence for assessing market power – PERU – December 2021 OECD discussion

Más contenido relacionado

La actualidad más candente

La actualidad más candente (20)

Competition for-the-market
Competition for-the-marketCompetition for-the-market
Competition for-the-market
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
 
Competitive Neutrality – FOX – December 2021 OECD discussion
Competitive Neutrality – FOX – December 2021 OECD discussionCompetitive Neutrality – FOX – December 2021 OECD discussion
Competitive Neutrality – FOX – December 2021 OECD discussion
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
 
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
Economic Analysis in Merger Investigations – Break-out Session 1 - Surveys an...
 
Competition law and state-owned enterprises – HEALY – November 2018 OECD GFC
Competition law and state-owned enterprises – HEALY – November 2018 OECD GFCCompetition law and state-owned enterprises – HEALY – November 2018 OECD GFC
Competition law and state-owned enterprises – HEALY – November 2018 OECD GFC
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
 
October 2021 Newsletter: OECD KPC Asia-Pacific Competition News
October 2021 Newsletter: OECD KPC Asia-Pacific Competition NewsOctober 2021 Newsletter: OECD KPC Asia-Pacific Competition News
October 2021 Newsletter: OECD KPC Asia-Pacific Competition News
 
Radical Innovation in the Electricity Sector – UK CMA – June 2017 OECD discus...
Radical Innovation in the Electricity Sector – UK CMA – June 2017 OECD discus...Radical Innovation in the Electricity Sector – UK CMA – June 2017 OECD discus...
Radical Innovation in the Electricity Sector – UK CMA – June 2017 OECD discus...
 
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 3 – Techniq...
 
Competition-for-the-market – IOSSA – December 2019 OECD discussion
Competition-for-the-market – IOSSA – December 2019 OECD discussionCompetition-for-the-market – IOSSA – December 2019 OECD discussion
Competition-for-the-market – IOSSA – December 2019 OECD discussion
 
Competition law and state-owned enterprises – OECD Secretariat – November 201...
Competition law and state-owned enterprises – OECD Secretariat – November 201...Competition law and state-owned enterprises – OECD Secretariat – November 201...
Competition law and state-owned enterprises – OECD Secretariat – November 201...
 
Competitive Assessment of Mergers – INDIA – December 2019 OECD discussion
Competitive Assessment of Mergers – INDIA – December 2019 OECD discussionCompetitive Assessment of Mergers – INDIA – December 2019 OECD discussion
Competitive Assessment of Mergers – INDIA – December 2019 OECD discussion
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
 
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniq...
 
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
Economic Analysis in Merger Investigations – Break-out Session 2 – Quantitati...
 
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
Economic Analysis in Merger Investigations – Break-out Session 3 – The role o...
 
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
Methodologies to Measure Market Competition – CABRAL PIRES-ALVES – June 2021 ...
 
Market Studies and Competition - Daniel Gordon - Senior Director, Markets, CM...
Market Studies and Competition - Daniel Gordon - Senior Director, Markets, CM...Market Studies and Competition - Daniel Gordon - Senior Director, Markets, CM...
Market Studies and Competition - Daniel Gordon - Senior Director, Markets, CM...
 
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussionMerger Control in Dynamic Markets – OECD – December 2019 OECD discussion
Merger Control in Dynamic Markets – OECD – December 2019 OECD discussion
 

Similar a Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniques and evidence for assessing market power – PERU – December 2021 OECD discussion

1.30 12.14.09 - infrastructure reform (belt)
1.30   12.14.09 - infrastructure reform (belt)1.30   12.14.09 - infrastructure reform (belt)
1.30 12.14.09 - infrastructure reform (belt)Juan Belt
 
bidding strategies in indian restructured power market
bidding strategies in indian restructured power marketbidding strategies in indian restructured power market
bidding strategies in indian restructured power marketKomal Nigam
 
roof top solar for net metering and gross metering.pptx
roof top solar for net metering and gross metering.pptxroof top solar for net metering and gross metering.pptx
roof top solar for net metering and gross metering.pptxsonu1811
 
Nodal market assessment in electricity markets
Nodal market assessment in electricity   marketsNodal market assessment in electricity   markets
Nodal market assessment in electricity marketsvishnu vardhan
 
Power to the people: shifting control over electricity to citizens and consumers
Power to the people: shifting control over electricity to citizens and consumersPower to the people: shifting control over electricity to citizens and consumers
Power to the people: shifting control over electricity to citizens and consumersLeonardo ENERGY
 
Course on Regulation and Sustainable Energy in Developing Countries - Session...
Course on Regulation and Sustainable Energy in Developing Countries - Session...Course on Regulation and Sustainable Energy in Developing Countries - Session...
Course on Regulation and Sustainable Energy in Developing Countries - Session...Leonardo ENERGY
 
ScottMadden's 51st State Roadmap
ScottMadden's 51st State RoadmapScottMadden's 51st State Roadmap
ScottMadden's 51st State RoadmapScottMadden, Inc.
 
PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...
PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...
PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...prashantkumarchinama
 
Regulating Electricity Market
Regulating Electricity MarketRegulating Electricity Market
Regulating Electricity MarketJustinas Pagirys
 
Presentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.ppt
Presentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.pptPresentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.ppt
Presentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.pptSURAJ961350
 
Clean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale marketsClean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale marketsLeonardo ENERGY
 
Clean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale marketsClean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale marketsLeonardo ENERGY
 
Electricity Reforms - An_Overview
Electricity Reforms - An_OverviewElectricity Reforms - An_Overview
Electricity Reforms - An_OverviewNzar Mohammad
 
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Jill Kirkpatrick
 
Clean energy and the role for regulators
Clean energy and the role for regulatorsClean energy and the role for regulators
Clean energy and the role for regulatorsLeonardo ENERGY
 

Similar a Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniques and evidence for assessing market power – PERU – December 2021 OECD discussion (20)

1.30 12.14.09 - infrastructure reform (belt)
1.30   12.14.09 - infrastructure reform (belt)1.30   12.14.09 - infrastructure reform (belt)
1.30 12.14.09 - infrastructure reform (belt)
 
Radical Innovation in the Electricity Sector – New Zealand Electricity Author...
Radical Innovation in the Electricity Sector – New Zealand Electricity Author...Radical Innovation in the Electricity Sector – New Zealand Electricity Author...
Radical Innovation in the Electricity Sector – New Zealand Electricity Author...
 
bidding strategies in indian restructured power market
bidding strategies in indian restructured power marketbidding strategies in indian restructured power market
bidding strategies in indian restructured power market
 
roof top solar for net metering and gross metering.pptx
roof top solar for net metering and gross metering.pptxroof top solar for net metering and gross metering.pptx
roof top solar for net metering and gross metering.pptx
 
Nodal market assessment in electricity markets
Nodal market assessment in electricity   marketsNodal market assessment in electricity   markets
Nodal market assessment in electricity markets
 
Power to the people: shifting control over electricity to citizens and consumers
Power to the people: shifting control over electricity to citizens and consumersPower to the people: shifting control over electricity to citizens and consumers
Power to the people: shifting control over electricity to citizens and consumers
 
Course on Regulation and Sustainable Energy in Developing Countries - Session...
Course on Regulation and Sustainable Energy in Developing Countries - Session...Course on Regulation and Sustainable Energy in Developing Countries - Session...
Course on Regulation and Sustainable Energy in Developing Countries - Session...
 
The 51st State Initiative
The 51st State InitiativeThe 51st State Initiative
The 51st State Initiative
 
ScottMadden's 51st State Roadmap
ScottMadden's 51st State RoadmapScottMadden's 51st State Roadmap
ScottMadden's 51st State Roadmap
 
PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...
PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...
PES-Webinar-4-PPTs-Sreekumar-New_Challenges_in_Electricity_Distribution--22-M...
 
Regulating Electricity Market
Regulating Electricity MarketRegulating Electricity Market
Regulating Electricity Market
 
Wb ppp- week4-final project fgo
Wb ppp- week4-final project fgoWb ppp- week4-final project fgo
Wb ppp- week4-final project fgo
 
Presentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.ppt
Presentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.pptPresentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.ppt
Presentation-Findings_of_a_Consumer_Survey_and_emerging_recommendations.ppt
 
Clean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale marketsClean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale markets
 
Clean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale marketsClean Restructuring: design elements for low carbon wholesale markets
Clean Restructuring: design elements for low carbon wholesale markets
 
Electricity markets in Latin America: Regional Integration and Competition Is...
Electricity markets in Latin America: Regional Integration and Competition Is...Electricity markets in Latin America: Regional Integration and Competition Is...
Electricity markets in Latin America: Regional Integration and Competition Is...
 
Radical Innovation in the Electricity Sector – Frank WOLAK - Stanford Univers...
Radical Innovation in the Electricity Sector – Frank WOLAK - Stanford Univers...Radical Innovation in the Electricity Sector – Frank WOLAK - Stanford Univers...
Radical Innovation in the Electricity Sector – Frank WOLAK - Stanford Univers...
 
Electricity Reforms - An_Overview
Electricity Reforms - An_OverviewElectricity Reforms - An_Overview
Electricity Reforms - An_Overview
 
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
Case Study: Blockchain as the Foundation of Alectra's Grid Exchange Transacti...
 
Clean energy and the role for regulators
Clean energy and the role for regulatorsClean energy and the role for regulators
Clean energy and the role for regulators
 

Más de OECD Directorate for Financial and Enterprise Affairs

Más de OECD Directorate for Financial and Enterprise Affairs (20)

OECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - HighlightsOECD Competition Trends 2024 - Highlights
OECD Competition Trends 2024 - Highlights
 
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – CAMACHO – December 2023 OECD discu...
 
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KOVACIC – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussionEx-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – KWOKA – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussionEx-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – FLETCHER – December 2023 OECD discussion
 
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussionEx-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
Ex-post Assessment of Merger Remedies – OECD – December 2023 OECD discussion
 
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
Use of Economic Evidence in Cartel Cases – DAVIES – December 2023 OECD discus...
 
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
Use of Economic Evidence in Cartel Cases – ROBERTS – December 2023 OECD discu...
 
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussionAlternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
Alternatives to Leniency Programmes – SERBIA – December 2023 OECD discussion
 
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussionAlternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
Alternatives to Leniency Programmes – ITALY – December 2023 OECD discussion
 
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
Out-of-Market Efficiencies in Competition Enforcement – CRANE – December 2023...
 
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
Out-of-Market Efficiencies in Competition Enforcement – DAVIES – December 202...
 
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
Out-of-Market Efficiencies in Competition Enforcement – ROSE – December 2023 ...
 
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
Out-of-Market Efficiencies in Competition Enforcement – ROSENBOOM – December ...
 
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
Serial Acquisitions and Industry Roll-ups –TZANAKI – December 2023 OECD discu...
 
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussionSerial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – GOGA – December 2023 OECD discussion
 
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
Serial Acquisitions and Industry Roll-ups – KOKKORIS – December 2023 OECD dis...
 
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussionSerial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
Serial Acquisitions and Industry Roll-ups – OECD – December 2023 OECD discussion
 
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – VE...
 
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
Competition and Innovation - The Role of Innovation in Enforcement Cases – OE...
 

Último

Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...ZurliaSoop
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatmentnswingard
 
Introduction to Artificial intelligence.
Introduction to Artificial intelligence.Introduction to Artificial intelligence.
Introduction to Artificial intelligence.thamaeteboho94
 
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfSOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfMahamudul Hasan
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIINhPhngng3
 
Zone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxZone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxlionnarsimharajumjf
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfSkillCertProExams
 
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityUnlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityHung Le
 
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...David Celestin
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar TrainingKylaCullinane
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalFabian de Rijk
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...amilabibi1
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Baileyhlharris
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoKayode Fayemi
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lodhisaajjda
 

Último (17)

Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
Jual obat aborsi Jakarta 085657271886 Cytote pil telat bulan penggugur kandun...
 
Dreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video TreatmentDreaming Marissa Sánchez Music Video Treatment
Dreaming Marissa Sánchez Music Video Treatment
 
Introduction to Artificial intelligence.
Introduction to Artificial intelligence.Introduction to Artificial intelligence.
Introduction to Artificial intelligence.
 
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdfSOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
SOLID WASTE MANAGEMENT SYSTEM OF FENI PAURASHAVA, BANGLADESH.pdf
 
Dreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio IIIDreaming Music Video Treatment _ Project & Portfolio III
Dreaming Music Video Treatment _ Project & Portfolio III
 
Zone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptxZone Chairperson Role and Responsibilities New updated.pptx
Zone Chairperson Role and Responsibilities New updated.pptx
 
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdfAWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
AWS Data Engineer Associate (DEA-C01) Exam Dumps 2024.pdf
 
ICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdfICT role in 21st century education and it's challenges.pdf
ICT role in 21st century education and it's challenges.pdf
 
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven CuriosityUnlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
Unlocking Exploration: Self-Motivated Agents Thrive on Memory-Driven Curiosity
 
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
Proofreading- Basics to Artificial Intelligence Integration - Presentation:Sl...
 
Report Writing Webinar Training
Report Writing Webinar TrainingReport Writing Webinar Training
Report Writing Webinar Training
 
Digital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of DrupalDigital collaboration with Microsoft 365 as extension of Drupal
Digital collaboration with Microsoft 365 as extension of Drupal
 
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
Bring back lost lover in USA, Canada ,Uk ,Australia ,London Lost Love Spell C...
 
My Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle BaileyMy Presentation "In Your Hands" by Halle Bailey
My Presentation "In Your Hands" by Halle Bailey
 
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait Cityin kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
in kuwait௹+918133066128....) @abortion pills for sale in Kuwait City
 
Uncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac FolorunsoUncommon Grace The Autobiography of Isaac Folorunso
Uncommon Grace The Autobiography of Isaac Folorunso
 
lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.lONG QUESTION ANSWER PAKISTAN STUDIES10.
lONG QUESTION ANSWER PAKISTAN STUDIES10.
 

Economic analysis and evidence in abuse cases – Break-out Session 1 – Techniques and evidence for assessing market power – PERU – December 2021 OECD discussion

  • 1. Economic analysis to assess market power December 7, 2021 RodolfoTupayachi National Directorate for Investigation and Promotion of Free Competition
  • 2. • Conduct:Abuse of dominance by applying discriminatory conditions to equivalent transactions • Electricity market 1.Abuse case in the electricity market Users Peak demand 0.2 MW 2.5 MW Regulated Free Free / Regulated Retail market Generating Co. Distribution Co. Negotiated prices Regulated prices Market Free Regulated ri
  • 3. II. Case details ENSA (Distributor) v ATRIA (Generator) • Exemption from the notice period for regulated users who migrate to the free market • Period: 2016 - 2019 SEAL (Distributor) v ATRIA (Generator) • Exemption from the notice period for regulated users who migrate to the free market • No requirement to install equipment to regulate the power of energy to users who migrate to the free market • Period: 2016 - 2020
  • 4. • Dominance of the distribution companies by a legal monopoly III. Related markets and dominance Case Relevant market Affected market ENSA • Supply of electricity to regulated users with annual power demand between 0.2 MW and 2.5 MW within ENSA's concession area • Supply of electricity to regulated users who decide to switch to free users within ENSA's concession area SEAL • Supply of electricity to regulated users with annual power demand between 0.2 MW and 2.5 MW within SEAL's concession area • Distribution of electricity to users with power demand between 0.2 MW and 2.5 MW within SEAL’s concession area • Supply of electricity to regulated users who decide to switch to free users within SEAL's concession area
  • 5. IV.Assessment of the effects Case Effects Causal nexus ENSA • Increasing share of free users captured by ENSA in the period (from 29% to 60%) • Increasing share in the power demanded by new users by ENSA in the period (from 43% to 58%) • ENSA's price higher than that of competitors in the free market (+ 36.6%) • Differential treatment encouraged ENSA’s regulated users to continue later as free users with ENSA • Fulfilled the contract : • 57% of users opted for a generator • Users who left ENSA obtained lower prices (-41%) SEAL • Increasing share of free users captured by SEAL in the period (from 54% to 72%) • Increasing share in the power demanded by new users by SEAL in the period (from 42% to 80%) • SEAL's price higher than that of competitors in the free market (+ 24.1%) • Differentiated treatment encouraged SEAL’s regulated users to continue later as free users with SEAL • Fulfilled the contract : • 59% of users opted for a generator • Users who left SEAL obtained lower prices (-21.7%)
  • 6. V. Main arguments of the defendants Case Main arguments ENSA • The exemption provided by law seeks to protect distribution companies • Recover investments and competitive factor • To mitigate losses from user migration • Limits to renegotiate contracts with generators • Absence of an appreciable exclusionary effect in the free market • ENSA assumes risks that generators do not assume SEAL • The exemption allows balancing the competitive advantage that generators have over SEAL • The right of exemption has been recognized by the sector regulator (Osinergmin) • SEAL has relaxed the obligation to install equipment, not its exemption
  • 7. VI. Sanctions and complementary measures Case Sanction Complementary measure ENSA • Fine: USD 0.7 million • Based on the sales percentages obtained by the exemption (57%) • Competition advocacy: recommend the introduction or modification of regulations related to the behaviours analysed SEAL • Fine: USD 1.0 million • Based on the sales percentages obtained by the exemption (46%)