Past Event

Market power and its implications to competition policy

What are the reasons behind the global trends in corporate margins and market concentration?

Date: January 16, 2019, 12:00 pm Topic: Innovation & Competition Policy

Video and Audio recordings


Event materials

Presentation by Fiona Scott Morton

Presentation by Nicolas Petit

Presentation by Arno Rasek

American tech giants are fiercely competitive monopolies by Nicolas Petit

Rising markups, market power and market concentration are considered primary concerns that require an immediate policy response. At this event we will analyse the reasons behind the global trends in corporate margins and market concentration. Do they signal a lack of market competition or are they linked to new technology efficiencies and the organic growth of industrial players?

We will also discuss whether current competition policy tools are adequate to address related concerns. Do we need a new approach, and if yes, what should its basic ingredients and characteristics be?

Schedule

Jan 16, 2019

12:00-12:30

Check-in and lunch

12:30-13:00

Presentation

Fiona Scott Morton, Theodore Nierenberg Professor of Economics, Yale

13:00-13:40

Panel discussion

Chair: Georgios Petropoulos, Research Fellow

Adina Claici, Director and head of the Brussels office at Copenhagen Economics

Nicolas Petit, Professor of Law, University of Liege

Arno Rasek, Chief Economist, German Competition Authority (Bundeskartellamt)

13:40-14:00

Q&A

14:00

End

Speakers

Adina Claici

Director and head of the Brussels office at Copenhagen Economics

Fiona Scott Morton

Theodore Nierenberg Professor of Economics, Yale

Nicolas Petit

Professor of Law, University of Liege

Georgios Petropoulos

Research Fellow

Arno Rasek

Chief Economist, German Competition Authority (Bundeskartellamt)

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevon

matilda.sevon@bruegel.org

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