Auction and Market Design

Designing Efficient Markets through Economic Precision

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Auction and Market Design Services

  • Regulatory and Legal Structuring

  • Bidder Advisory and Participation Strategy

  • Market Simulation and Economic Modeling

  • Post-Auction Evaluation and Compliance

  • Policy and Institutional Advisory

  • Capacity-Building and Training

Sectors

  • Energy and Power Generation

  • Telecommunications and Spectrum Allocation

  • Transportation and Infrastructure

  • Oil and Gas Concessions

  • Environmental and Carbon Markets

  • Public Procurement and Concessions

  • Digital Economy and Data Markets

  • Financial Services and Trading Platforms

Auction and Market Design

VA Partners advises public agencies, regulators, and private enterprises on the design, implementation, and evaluation of competitive markets and auction mechanisms. Our practice integrates legal, economic, and strategic expertise to deliver frameworks that promote transparency, efficiency, and fair competition across regulated and liberalised sectors.

The firm has extensive regional and international experience in auction and market design, having supported competition authorities, telecommunications regulators, and energy market operators in over ten jurisdictions. VA Partners has been engaged in projects involving spectrum licensing, wholesale electricity market reform, renewable energy procurement, infrastructure concessions, and public resource allocation.

Our multidisciplinary approach draws from global best practices and empirical market research, combining rigorous economic modeling with practical regulatory insight. By bridging academic theory and applied market implementation, we help design mechanisms that deliver efficient allocations, encourage innovation, and achieve sustainable policy outcomes.

VA Partners helps clients and regulators design markets that are efficient, fair, and resilient.

Our Service Offerings

  • Design and implement competitive auction formats and bidding rules that align with policy objectives, market conditions, and competition safeguards.

  • Advise on the legal and institutional frameworks governing market allocation, bidder eligibility, and enforcement of auction outcomes.

  • Support bidders in developing valuation models, participation strategies, and optimisation techniques for complex auctions and tenders.

  • Apply advanced modeling and simulation tools to forecast auction dynamics, assess market efficiency, and evaluate alternative design scenarios.

  • Conduct post-auction analyses and compliance reviews to ensure transparency, rule adherence, and policy effectiveness.

  • Assist regulators and ministries in designing liberalised market structures, resource-allocation frameworks, and competitive procurement systems.

  • Deliver tailored workshops for government agencies and market participants on auction theory, market design, and competition regulation.

Highlighted Matters

  • Designed and advised on spectrum auction frameworks and licensing rules for telecommunications regulators in Thailand and abroad, including 700 MHz, 1800 MHz, 2.1 GHz, and 26 GHz bands.

  • Supported energy regulators and international partners in developing wholesale electricity market structures, transmission rights auctions, and renewable capacity allocation mechanisms.

  • Advised on auction mechanisms for public-private partnership (PPP) projects, infrastructure tenders, and concession bidding strategies.

  • Conducted auction simulations and strategy analysis for clients across the United States, Canada, the United Kingdom, Australia, and Asia, involving multiband and incentive auctions.

  • Assisted regulators in drafting spectrum allocation rules, valuation methodologies, and administrative penalty frameworks to ensure market efficiency and fairness.

  • Developed and delivered capacity-building programs on auction design, competition policy, and regulatory economics for public institutions and international organisations.