Professional Background Documents
The Method of Market Analysis – The Process of Market Analysis
The most important ex ante decisions are made as part of the market analysis procedures within the current regulatory framework. The most important corresponding requirements are set out in an EU recommendation (2003/311/EC) and an EU guideline (2002/C 165/03) that have been already incorporated into Hungarian law. The procedure takes place in three steps: first the regulator determines those relevant markets where there is a need for ex ante regulatory intervention, secondly it carries out an analysis of competition on these markets to identify companies with significant market power (SMP), and thirdly it specifies one or more obligations for these companies, in order to remedy the identified problems.
Method for Regulatory Surveys
A substantial part of a regulatory survey can be the preparation of an impact study that can help judge the correctness of a decision through analysing how the costs and values of the certain decision affect those most concerned by it.
A regulatory impact study is a special type of impact study which may be needed when regulatory intervention is taking place as a result of lack of intense enough competition. An impact study can be a significant supplementary element in the evaluation of regulatory tasks, it includes analysing and evaluating emerging costs and values in terms of regulatory goals. A regulatory impact study can support finding the best option among the many alternatives (preliminary impact study), or it can help evaluate whether an already made decision was correct (follow-up impact study).
Depending on the regulator’s decision an impact study may be carried out as an integral part of the market analysis procedure, based on a method especially developed for this purpose.
Research Materials Concerning Market Analysis
Decisions made as a result of the market analysis procedure are based on information from data request as well as data from market research and other materials from various studies and analysis.
Further market research information and downloadable data can be found at following address: Market research (only available in Hungarian)