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Dermot Glynn

Senior Advisor - Founder

Dermot Glynn is Senior Advisor to and founder of Europe Economics. Before founding Europe Economics, he served as Economic Director of the Confederation of British Industry (CBI), Chief Economist at KPMG, and UK Managing Director of NERA. He was also a member of the Department of Applied Economics at Cambridge University.

Dermot Glynn is Senior Advisor to and founder of Europe Economics. Before founding Europe Economics, he served as Economic Director of the Confederation of British Industry (CBI), Chief Economist at KPMG, and UK Managing Director of NERA. He was also a member of the Department of Applied Economics at Cambridge University.

His areas of expertise include price controls, competition policy, and public policy evaluation. He has worked extensively in the utility sectors, directing consultancy projects and providing expert advice to both regulators and regulated businesses. He has led numerous seminars on regulatory issues and on the concepts and techniques of impact assessment of public policies, and has advised the National Audit Office (NAO) in its technical review of impact assessments carried out by UK Government Departments and agencies.

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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.