Welcome to Market Analysis


Market Analysis Ltd is an economics consulting group specializing in competition policy, regulatory reform and market design. Drawing on the expertise of leading academic economists in Europe and the Americas, we advise private companies and public sector organisations in regulatory inquiries, competition policy cases and auction strategy and design. Established in 1995, Market Analysis has an unrivalled reputation for applying leading-edge economic analysis to the challenges faced by firms and policy-makers in the UK, Europe and internationally. We have advised clients in many of the most high-profile regulatory inquiries and competition policy cases of recent years.


News & publications

  • Bargaining and Brexit: Negotiating New UK Trade Deals from Outside the EU

    Negotiating a trade deal with Europe if Britain leaves the EU may be much harder than the outers believe: every EU country, even those Britain doesn’t trade much with, will be able to wield a veto.

  • On Regulating Mobile Termination Rates in the UK and the Orange/T-Mobile Merger

    by David Harbord and Steffen Hoernig “Welfare Analysis of Regulating Mobile Termination Rates in the UK” Published in The Journal of Industrial Economics., 63: 673-703, December 2015.

  • Greece and game theory

    “What’s in a Game?“ by David Harbord, 17 March 2015.  A short comment on applying game theory to the Greek debt restructuring negotiations, published in Open Democracy.

  • New article on the law and economics of vertical restraints

    “The Law and Economics of Vertical Restraints: An Overview” by Nils-Henrik von der Fehr and David Harbord, 10 November 2014.

  • Nueva publicación sobre mercados de capacidad eléctrica

    “Subastas de capacidad eléctrica en el Reino Unido: Lecciones en Colombia y Nueva Inglaterra” por David Harbord and Marco Pagnozzi, REVISTA ANDESCO N° 28, Junio de 2014.

  • Britain’’s New Electricity Capacity Market: Lessons from international experience

    “Britain’’s Electricity Capacity Auctions: Lessons from Colombia and New England” by David Harbord and Marco Pagnozzi, The Electricity Journal, June 2014, Vol. 27, Issue 5.

  • Renewable energy to spawn Colombia ecotourism?

    A recent interview with David Harbord “Can renewable energy kick-start Colombian ecotourism?”, published by Business News Americas on 31 January 2014, discussing the creation of a nonprofit foundation Ferdescol (Fundacion de Energias Renovables y Desarrollo Sostenible en Comunidades Colombianas).

  • Can renewables gain a foothold in Colombia?

    An interview with David Harbord “Is Colombia stunting renewable energy growth?“ was published in Business News Americas on 17 January 2014.  The interview discusses the results of our report “Private Investment in Wind Power in Colombia“ published in July 2012. An article – “Wind can tame Colombia’s El Nino power scourge, says analyst” – accompanying the interview appeared on the




The Foundation for Renewable Energy and Sustainable Development in Colombian Communities — FERDESCOL – is a nonprofit organization recently created in Colombia with the support of Market Analysis Ltd. Despite Colombia’s emergence as one of Latin America’s most robust economies over the past decade, many rural areas remain undeveloped and bereft of basic infrastructure. FERDESCOL aims is to tackle these problems by first addressing basic community needs using solar and wind technology to provide reliable sources of energy and safe drinking water. Our longer-term goal is to work with these communities in economic development and poverty reduction. Baker & McKenzie S.A.S. is supporting us with pro bono legal services.