Luis Agosti is a senior vice president with Compass Lexecon based in Madrid. He is a member of the energy practice. During his years in consultancy he has specialized in the energy sector. Luis has actively advised energy companies in Spain and Europe on issues related to natural gas price reviews and arbitrations, assessment of damages from breach of contracts, assessment of merger effects on market competition from important energy mergers in Spain. He has extensive knowledge of the major economic issues in relation to Spanish natural gas and electric power markets. He has worked and led project teams working on behalf of different producers in relation to three price reviews involving long-term supply contracts for LNG in Spain. He has also worked on a number of other price reviews involving LNG and piped gas in different parts of Europe. Luis has provided expert advice and written expert and oral testimony before antitrust, regulatory authorities and tribunals. Additional work relates to economic analysis of energy markets from a regulatory perspective including cost benefit analysis and the impact on competition of newly introduced regulation. Luis Agosti holds a M.A. in Economics from University Carlos III de Madrid (UC3M). He specialized in industrial organization and in telecommunications and energy sector economics, with a special emphasis on industrial economics and competition policies. He is also co-author on several articles related to the liberalization of the Spanish energy market, competition in the Spanish power market, and the role of renewable energy in the Spanish power market.
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The Spanish Antitrust Court (Tribunal de Defensa de la Competencia, TDC) has imposed fines of 2 million euros to the SOS-Cuétara group (the largest olive oil manufacturer in Spain), and 2 million euros to be distributed among the main retailers in proportion to their shopping area. The TDC (...)
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The Antitrust Court Decision In June 2006 the Tribunal de Defensa de la Competencia, the former antitrust court in Spain, hereafter TDC, imposed an 8 million euro fine to Gas Natural, the main natural gas operator in Spain, on the basis of an abuse of dominant position regarding access to (...)
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On December 2006, the Spanish Antitrust Court, TDC, imposed a fine to Enel Viesgo: 2,5 million €. According to the TDC, Enel Viesgo has abused its dominant position in the electricity generation schedules adjustment market by setting excessively high prices (Mercado de restricciones). This (...)
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On March 21st 2006, a Spanish commercial court temporarily suspended the unsolicited bid made by Gas Natural to acquire Endesa, while it investigates Endesa’s allegation that Gas Natural infringed Article 81 by acting in agreement with Iberdrola to remove Endesa from the market by means of a (...)
