Juste Kapustaite joins Copenhagen Economics

We are happy to announce the hiring of Juste Kapustaite as Economist in our business unit Market. She joins our Brussels office.

Juste worked as Assistant Economist in London where she was conducting economic analyses in various competition cases, primarily focused on phase 1 and phase 2 merger investigations and market investigations. Among other roles, she has previously held a position as Chief Expert at the Competition Council of the Republic of Lithuania where she is also from. Juste holds an MSc in Economics from University of Amsterdam.

New study: Handbook for Important Projects of Common European Interest (IP-CEIs)

Commissioned by the Swedish Confederation of Swedish Enterprises, Copenhagen Economics is proud to release our newly published Handbook for IPCEIs. In is, we outline what exactly IPCEIs are and the requirements that must be met in order to receive support. We also shed light on how time-consuming the application process is and how much support can be awarded.

The Handbook provides hands-on guidance for companies interested in learning more about IPCEIs and businesses seeking guidance for each step of the application process.

In the initial chapter, the Handbook describes the opportunities and challenges with seeking support via IPCEIs. While IPCEIs provide an opportunity for companies to seek substantial support, the requirements for being granted aid are higher for IPCEIs than other types of investment support.

In the second chapter, the Handbook describes the application process step-by-step. For each step, we provide hands-on guidance based on our own experience from previous cases and interviews with the European Commission, the Government Offices of Sweden, the Swedish Energy Agency, the Swedish Confederation of Swedish Enterprises, SEEL and ten Swedish companies involved in IPCEI Hydrogen.

Watch the webinar hosted by Svenskt Näringsliv:

Learn more about the study HERE

For further information, please contact Victor Ahlqvist.

How do companies seek investment support through IPCEIs?

On behalf of Svenskt Näringsliv, Copenhagen Economics has been commissioned to write a Handbook on the Important Projects of Common European Interest (IPCEI) framework. The handbook provides hands-on guidance for companies interested in learning more about IPCEIs and businesses seeking guidance for each step of the application process.

On the 9th September, at 1pm (CET), Copenhagen Economics presented the main findings of the Handbook in a webinar hosted by Svenskt Näringsliv. The webinar was held in Swedish.
You can watch the recorded webinar here: webinar Svenskt Näringsliv
For further information about the Handbook, please contact Economist Victor Ahlqvist.

New study: Beyond the policy debate: How to quantify sustainability in competition cases

European companies are increasingly looking to join forces in the fight against global warming. To affect this much-needed change, these companies constantly pursue sustainability agreements that, among other things, set certain environmental standards, allow cooperation, and avoid first-mover disadvantages.

But how can sustainability be quantified in the context of competition cases? What tools do environmental economics provide to reasonably quantify sustainability benefits of agreements between companies that would like to become more sustainable?

Moving beyond the ongoing debate surrounding the role of sustainability in competition policy, such as the discussions in the European Commission ( and the Dutch ACM (, Copenhagen Economics (Jasper Lutz and former colleague Adina Claici) has written an article outlining how economics can help quantify the sustainability benefits of agreements.

If you would like to know more on this topic, please do not hesitate to reach out to Jasper Lutz.

The paper has been published at Lexxion Publishers, see

New study: Taxpayers and consumers benefit from parallel imports of pharmaceuticals in Finland

On behalf of The Suppliers of Parallel Imported Medicines in Finland, Copenhagen Economics has calculated the savings from Parallel Imports (PI) of pharmaceuticals in Finland for the period 2016-2020,. Based on volume and price data, we estimate the total savings from PI to be €41m over this period.

From 2016-2020, consumers saved €17m due to lower co-payments in the pharmacy sector and taxpayers saved €24m in both the pharmacy and hospital sectors due to lower prices. In addition to these total savings of €41m, we estimate that there is an additional, untapped potential of €72m in forgone savings in 2016-2020. The forgone saving could have been realised if pharmacies had always dispensed the cheapest parallel imported alternative, assuming parallel importers had been able to supply the whole market.

Learn more about the study here.

For further information, please contact Tuomas Haanperä.