Johan John

Consultant

Johan John is a Consultant at Europe Economics having joined the firm in 2021. He has experience advising clients on issues related to regulatory economics, cost of capital, impact assessments, economic evaluation, and applied econometrics across various sectors, including transport, energy, healthcare, and financial services. Johan holds a Master’s degree in Economics from the University of Cambridge.

Johan John is a Consultant at Europe Economics having joined the firm in 2021. He has experience advising clients on issues related to regulatory economics, cost of capital, impact assessments, economic evaluation, and applied econometrics across various sectors, including transport, energy, healthcare, and financial services. Johan holds a Master’s degree in Economics from the University of Cambridge.

Johan’s experience working with regulatory bodies includes a secondment to the Payment Systems Regulator (PSR) to contribute to policy proposals combating Authorised Push Payment scams and Confirmation of Payee. He was also involved in a governance review project for PSR, analysing the governance structures of various intermediary bodies.

Johan’s other regulatory work includes a cost of capital project with the Authority of Consumer and Markets (Netherlands) advising on the cost of equity for the rail sector; reviewing the benchmarking model used to regulate electricity network charges for Energistyrelsen (Denmark); a review of the optical business market for the General Optical Council; a market comparison report for the future Non-Household Water Retail Market for MOSL; and advising the Flemish Energy Regulator on cost efficiency and financial incentive mechanisms.

Johan also has considerable experience in economic impact assessments and valuation. He advised the Civil Enforcement Association on the value of enforcement in the UK. He also has experience working with the European Commission, including a research project for DG CLIMA assessing the global market for carbon-traded ETFs and a project for DG FISMA evaluating the impact of the audit directive in Europe.

He has a keen interest in Financial Economics, Industrial Organisation, and Microeconomic theory, along with significant experience in conducting quantitative analysis using statistical software such as R, Microsoft Excel, and Python.

Support in price review process

Providing support on the cost of capital and financeability to regulated firms or regulators in the context of price control reviews (e.g. by providing them with analysis and assisting them in responding to representations from other parties). Our wider price control expertise is presented in more detail here.

Critique of regulatory judgements

One form of legal case involves a challenge to regulatory decisions. We offer expert witness assistant assessing whether regulatory decisions are in line with established policy objectives or regulatory precedent and what the competition or other implications are of those decisions or alternatives.

Assessment of profitability or cost of capital

In regulated price controls, a key input is the determined cost of capital. This has often been a subject of appeals against regulatory judgements. Cost of capital analysis also feeds into assessments of profitability in assessing whether firms have been charging prices above the competitive level, and into the valuation of research pipelines in mergers.

Critique of econometric, quantitative methods or data used to support regulatory decisions

One form of a legal case is judicial revision of policy decisions. Such policy decisions are often supported by quantitative models. Those models can be critiqued in various ways – criticised or defended on the basis of their methodology or the data used.