Adam Cooper has been director, remedies, business and financial analysis at the CMA since 2018. He previously worked at the National Infrastructure Commission as policy & engagement Director betwenn 2016 and 2018. Previously he held a number of senior roles at Ofgem covering network price controls, sustainable energy and leading the regulator’s response to the CMA energy market investigation. After qualifying as a Chartered Accountant with Ernst & Young, Adam worked as a consultant in the firm’s Centre for Business Knowledge. He then moved to a corporate strategy role at Abbey National, working on business re-organisation, strategic planning and M&A projects. Before joining Ofgem, he was deputy director of financial analysis at the Competition Commission, working on a number of cases including market investigations and regulatory appeals.
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This set of three papers discuss the failing firm defence. The first paper outlines the evidential foundations for considering a failing firm counterfactual, using three case studies to illustrate the evidence which can be used and the analysis which can be carried out to inform the judgments (...)
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Accountants have a important role to play in assessing competition issues by extracting relevant accounting information and explaining the limitations and well as strengths of the data being considered. Accountants have had important roles to play in respect of competition issues. In the case (...)
