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Led by Dr Deni Mantzari, Associate Professor in Competition Law and Policy at UCL Laws, research is the first to focus on economic regulation and the crucial role of economists and economic evidence in the work of both regulatory authorities and courts in the US and the UK. Economic evidence refers to the theories, methods and tools used by the discipline of economics (mostly neoclassical, but also behavioural economics) with the aim to advance normative claims on matters of regulatory policy. The research offers a novel conceptual contribution to the underexplored issue of how the increasing reliance of sectoral regulators on economic inputs in the regulatory state affects the legal outputs of regulation and transforms administrative discretion and judicial review.
This research, funded by the AHRC and the British Academy has been published in leading specialist and generalist journals and edited collections:
- D Mantzari, ‘Economic Evidence in Regulatory Disputes: Revisiting the Court-Regulatory Agency Relationship in the US and the UK’ (2016) 36(3) Oxford Journal of Legal Studies, pp. 565-594
- D Mantzari, ‘Ping Europe Limited v Competition and Markets Authority: Navigating the Admission of Evidence on Appeal’ (2018) 6 Journal of Antitrust Enforcement, pp. 281–293
- D Mantzari, ‘Are economists Kings? Economic evidence and discretionary assessments at the UK utility regulatory agencies’ (2020) 8 (3) Journal of Antitrust Enforcement 535-571 (funded by a British Academy/Leverhulme Small Research Grant)
- D Mantzari and Francesca Pia Vantaggiato, ‘The Paradox of Regulatory Discretion' (2020) Law and Policy
- D Mantzari, ‘Judicial Scrutiny of Regulatory Decisions at the UK’s Specialist Competition Appeal Tribunal’ in (J de Poorter J Ballin Hirsch and S Lavrijssen) Judicial Review of Administrative Discretion in the Administrative State (Springer 2019)
Deni's monograph on the topic was published in September by Oxford University Press. The book launch took place at UCL Laws on 2nd November 2022.