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Richard specialises in the application and interpretation of economic analysis to provide insights into a broad range of questions arising in high stakes decision making.
Richard’s analysis has been presented by clients to competition and energy regulators in Australia, as well as being relied upon in matters before the Federal and Supreme Courts, the Australian Competition Tribunal, and in dispute settlement proceedings before the World Trade Organisation.
Within the competition sphere, Richard has undertaken analysis of allegations of cartel conduct and exclusive dealing, and assessed the competitive effects of proposed mergers and joint-coordination agreements. More broadly, his litigation related analysis has included valuing intellectual property in the form of copyright, assessing damages in the context of a representative class action, and developing an economic framework to determine the appropriate compensation for extinguishment of Native Title.
On regulatory matters, Richard’s work has predominantly concerned the economic regulation of electricity and gas networks. This has included alternative methods for determining the allowed cost of equity and several assignments in relation to the privatisation of the NSW electricity networks.
Richard’s industry experience extends to the airport, aviation, beer, cement and concrete, electrical cables, electricity, disability services, diversified engineering, gas, litigation financing, music copyright, rail, thoroughbred breeding, tobacco, steel, and water sectors.
Prior to joining HoustonKemp Richard completed a First Class Honours degree in Economics at the University of New South Wales. Richard also holds a Bachelors of Economics and a Bachelor of Commerce from the University of Western Australia, and has studied economics in the UK at the London School of Economics and the Adam Smith Business School at Glasgow University.