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OLG Düsseldorf zu Eigenkapitalzinssätzen: Außergewöhnliche Kapitalmarktverhältnisse brauchen neue Methoden statt alter Formeln

Germany - May 17 2018 Das Oberlandesgericht Düsseldorf bestätigte am 22. März 2018 eine zentrale ökonomische Erkenntnis: Im aktuellen, historisch einmaligen…

Lorenz Wieshammer

Decisions on the Allowed Rate of Return Must Reflect Current Market Conditions, Not Simple Equations, Says German Court

Germany - May 14 2018 On 22 March 2018, the appellate court of Dsseldorf confirmed what economists would find hard to dispute: regulators must always consider current…

Lorenz Wieshammer

Selecting A Benchmarking Model Creates Need For An Error Margin, Says Dutch Court

Netherlands - February 3 2017 Like their counterparts in many countries, Dutch energy regulators have adopted the managerial technique of statistical benchmarking as the basis for…

Deriving alfs from lump-sum valuations – a response to Ofcom’s third consultation

United Kingdom - April 15 2015 Telefónica UK has asked NERA to review Ofcom’s revised proposal (dated 19 February 2015) for re-calculating the value of the annual licence fee…

Georg Arndt, Dominik Hübler, Philipp Kröger