From Industrial Organisation Economics to Financial Analysis: Accounting and Financial Analysis in Competition Policy
Balanced Economy Project
2nd September 2025
“Industrial Organisation economics, widely used by Competition Authorities, has consistently fallen short when it comes to tackling harms caused by size, market power and concentration.
Accounting and financial analysis (“AFA”) provides a complementary set of tools that can and should be applied more broadly in competition law enforcement because it often provides clearer answers to tricky cases and it more directly identifies abuse caused by size and market power.”
Trinava worked with the Balanced Economy Project on this paper to argue for the greater use of AFA in competition policy.