Reckon: Counterfactual for First / Greater Western merger

Reckon paper (9 pages, PDF) submitted by the Driving Up Standards campaign to the Competition Commission in connection with the merger inquiry into the proposed award of the Greater Western passenger rail franchise to FirstGroup plc. The paper argues that First's current operation of the Great Western and ex-Thames Trains parts of the Greater Western franchise should not be reflected in the counterfactual used by the Commission in its inquiry.

For further information or advice please contact Franck Latrémolière.

Filed under Competition Commission, Public transport, Reckon LLP.

Reckon LLP is an economics consultancy with expertise in data analysis, economic regulation and competition law.

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