The energy transition and the relevance of shareholders

On August 14, 2017, the Dutch newspaper Het Financieele Dagblad published an op-ed by Paul de Bijl (in Dutch) on the relevance of shareholders in the energy sector. The energy transition is complex and has a large impact, while outcomes are uncertain. Therefore the signature of shareholders matters. Ownership changes call for a careful and thorough deliberation. See also the study by Radicand Economics (in Dutch) on this topic.

Extension of appointment of NGAs to ACM

In July 2017, the board of the Authority Consumers and Markets (ACM) extended the appointment of the five non-governmental advisors (NGAs), of which Paul de Bijl is one. The (pro bono) NGAs are active in the International Competition Network (ICN) and they periodically discuss strategic issues (not competition cases) with the board of ACM. For more background information, see the earlier press release (in Dutch) on the initial appointment of the NGAs.

Big data and competition

Paul de Bijl contributed, as a member of the reviewing expert group, to a study on Big data and competition by Ecorys, commissioned by the Ministry of Economic Affairs. The report identifies five factors that affect how the use of data may lead to market power. It is an annex to a letter from July 10, 2017, by the Minister of Economic Affairs to inform Parliament about competition policy. The report is available here.

Ownership of energy companies during the energy transition

Eneco Groep asked Radicand Economics to analyze ownership and public interests related to the energy transition. Ownership matters due to "contractual incompleteness": legislation and regulation cannot adequately deal with certain market failures. Ownership of an energy company provides indirect influence and control on the implementation of its mission and strategy, which may make the difference when legislation and regulation fall short. The implication is that the characteristics of shareholders are relevant. Since the energy transition is complex and involves fundamental uncertainties, it is wise to thoroughly reflect on changes in ownership. The report (in Dutch) is available here.

What does the future hold for telecoms?

What is the impact of All-IP, emerging OTT players, fixed-mobile convergence, new business models, etc. on telecoms operators? On June 15, 2017, IDATE DigiWorld publishes a special issue of the DigiWorld Economic Journal (No. 106, 2nd quarter 2017) on these questions, edited by Paul de Bijl (Radicand Economics), Richard Feasey (Fronfraith Ltd, London), Denis Lescop (Télécom Ecole de Management, Institut Mines-Télécom, Paris) and Yves Gassot (IDATE DigiWorld, Montpellier).

What we do

Radicand Economics provides trusted economic consulting services to firms, policy makers, market authorities and regulators on competition policy, economic regulation, supervision and public policy. Provides leadership and builds connections in difficult and sensitive projects. Radicand Economics also provides tailor-made executive courses.

What sets us apart

  • Profound economic expertise — connected to state-of-art academic insights;

  • Extensive experience with economic policy and strategy consulting;

  • Antenna for considerations and paradigms employed by government officials and policy makers;

  • Preeminently equipped to chart a course and stick to it — builds and provides trust in the overall process.

About the name

The name stands for our profound experience and expertise: in mathematical expression √x, the value "x" is called the radicand — the thing we are finding the root of.

Radicand Economics

Woerden, The Netherlands
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