Transport

Industry Structure and Privatization

Industry Structure and Privatization

NERA experts have been closely involved in industry restructuring across a wide range of sectors and industries. In the transport sector, we have advised operators, regulators, and governments around the world on options for restructuring and privatization, on the process for implementing industry reforms, and on the regulatory structures and institutions that will help ensure the potential benefits are realized.

NERA provides advice in several areas:

  • Privatization options and strategies. NERA is a leader in providing clear and independent advice on privatization options and strategies, drawing on our extensive knowledge and experience of the impact of structural reforms across a wide range of industries and countries. We support governments, operators, and other stakeholders across the transport sector.
  • Industry restructuring. We have been closely involved in complex restructurings that have been implemented in recent years, in the rail industry as well as other parts of the transport sector. We advise on all of the potential impacts, including transactions costs, coordination difficulties, and any loss of economies of scale or scope, as well as the benefits from increased competition and lower barriers to entry.
  • Due diligence studies. NERA provides commercial and regulatory due diligence advice to investors across the transport sector. We advise on potential market or competitive developments, and their implications for the firm(s) being sold. Where industries are subject to economic regulation, we explain how the current regulatory framework operates, highlighting the risks arising and protections provided, and consider potential future developments.
  • Benefits of private ownership. NERA experts have extensive knowledge and experience of the impact of private ownership across a wide range of industries and countries. We have carried out a number of projects reviewing the quantitative evidence on the benefits of privatization, and assessing the relevance of these findings to firms in the transport sector.
  • Vertical separation. NERA has wide-ranging experience with different forms of vertical separation, for example as they apply to rail industries in the UK, other EU countries, Australasia, and elsewhere. We provide authoritative advice on the advantages and disadvantages of different regimes, and the detailed regulatory and commercial frameworks required under particular industry structures.
Name Title Location Phone Email
Dr. Richard Hern Managing Director London
Berlin
+44 20 7659 8582
+49 30 700 1506 01
richard.hern@nera.com
Dr. Jeff D. Makholm Managing Director Boston +1 617 927 4540 jeff.makholm@nera.com
James Mellsop Managing Director Auckland
Wellington
Sydney
+64 9 928 3290
+64 4 819 2550
+61 2 8864 6536
james.mellsop@nera.com
Jeanne Lubek Director Paris +33 1 70 75 01 82 jeanne.lubek@nera.com
Daniel Radov Director London +44 20 7659 8744 daniel.radov@nera.com
Richard Druce Associate Director London +44 20 7659 8540 richard.druce@nera.com
Dr. Lewis Evans Affiliated Academic Wellington +64 4 474 1320 lew.evans@vuw.ac.nz
Michael Spackman Affiliated Consultant London +44 20 7659 8660 michael.spackman.affiliate@nera.com
Title Type Author
La Regulación de la Economía Colaborativa (Regulation of the Sharing Economy) Book By Bruno Soria
Representing International Business Impacts in Transport Appraisal Report By Michael Spackman et al.
The Evaluation of Major Local Authority Transport Projects: a Guide for DfT Report By Michael Spackman with former NERA Consultant Simon Maunder, former NERA Director John Dodgson, MVA, and David Simmonds Consultancy
CfIT's Initial Assessment Report on the 10 Year Transport Plan Report By Michael Spackman et al.
Title Date Type
NERA Economic Consulting Opens Office in Miami, Florida 14 November 2017 Press Release
Energy Economist Joins NERA Economic Consulting 13 July 2017 Press Release