International Center for Law & Economics

📚 Let's Get Back to Basics Amidst all the noise, it’s easy to forget what makes antitrust law truly work. On January 17, 2025, come back to the foundations at our international conference in Paris. It’s time to dig deeper into the academic principles that shape modern competition law. 🌟 Hosted by leading law and economics institutes. Registration link: https://lnkd.in/gkWzDRCV Please visit our website for more information: https://lnkd.in/gbpqi5zQ #SubstanceOverSlogans #Antitrust #CompetitionLaw #Economics #Paris2025

🎓 Examining Antitrust Through a Rigorous Lens The politicization of antitrust is at an all-time high, but it’s time to bring back the substance. Join us on January 17, 2025, in Paris for a deep dive into the foundations of antitrust law with world-leading experts. 📍 Hosted by: The International Center for Law & Economics Vrije Universiteit Amsterdam Law & Technology Institute European University Institute IE Law School Madrid Registration link: https://lnkd.in/gkWzDRCV Please visit our website for the agenda and more information: https://lnkd.in/gbpqi5zQ #SubstanceOverSlogans #Antitrust #CompetitionLaw #Economics #Paris2025

🔍 Substance Over Slogans Let’s get beyond the slogans and really understand what makes antitrust law work. On January 17, 2025, in Paris, we’ll gather some of the brightest minds to assess the legal & economic realities of competition policy. Hosted by top institutions like IE Law School Madrid and Vrije Universiteit Amsterdam. Will you be there? Registration link: https://lnkd.in/gkWzDRCV Please visit our website for more information: https://lnkd.in/gbpqi5zQ #SubstanceOverSlogans #Antitrust #CompetitionLaw #Economics #Paris2025

Join us on Jan. 17, 2025, in Paris for a unique antitrust conference: "Substance Over Slogans: Strengthening the Foundations of Antitrust" Registration and more info at https://lnkd.in/gbpqi5zQ Confirmed Speakers: Pinar Akman (University of Leeds) Brian Albrecht (ICLE) Gustavo Augusto (Brazil CADE) Dirk Auer (ICLE) Reiko Aoki (Japan FTC) Dennis W. Carlton (University of Chicago) Andy Chen (Taiwan FTC) Kenneth Elzinga (University of Virginia) Cani Fernández Vicién (Spain CNMC) Richard Gilbert (Berkeley) Oliver Hart (Harvard) Melissa Holyoak (U.S. FTC) Herbert Hovenkamp (University of Pennsylvania) Marc Ivaldi (Toulouse School of Economics) Frédéric Jenny (ESSEC Business School) Ginger Zhe Jin (University of Maryland) Geoffrey Manne (ICLE) Francisco Marcos (IE Law School Madrid) Philip Marsden (Bank of England) Nicolas Petit (European University Institute) Lazar Radic (IE Law School Madrid) Thibault Schrepel (Vrije Universiteit Amsterdam) Paul Seabright (Toulouse School of Economics) Koren W. Wong-Ervin (Jones Day) Hosted by: European University Institute Department of Law (Nicolas Petit) IE Law School Madrid (Francisco Marcos and Lazar Radic) International Center for Law & Economics (Geoffrey Manne and Dirk Auer) Vrije Universiteit Amsterdam Law & Technology Institute (Thibault Schrepel)

🏛️ A New Era for Antitrust Law? What does the future of competition policy look like in an age of economic change and political division? Join us on January 17, 2025, in Paris to dive deep into the academic foundations of antitrust law and move past the soundbites. 📅 Register now for “Substance Over Slogans: Strengthening the Foundations of Antitrust.” Registration link: https://lnkd.in/gkWzDRCV Please visit our website for more information: https://lnkd.in/gbpqi5zQ #SubstanceOverSlogans #Antitrust #CompetitionLaw #Economics #Paris2025

New International Center for Law & Economics working paper with Alba Ribera Martínez on “The Secret (Metrics) of DMA’s Success.”  While much has been written about the #DMA, one key question remains underexplored: how do we determine its #success? Specifically, how can we identify the conditions under which the implementation of the new rules has been effective for each obligation, by achieving results that competition law alone could not guarantee?  To this aim, our paper seeks to provide #metrics to measure the DMA’s success, outlining the market scenarios that will allow policymakers to assert the DMA’s enforcement has been effective https://lnkd.in/d9H9D-tT

#LibreCompetencia #Marketplaces Desde el International Center for Law & Economics hemos comentado el informe emitido en Febrero por la Autoridad Investigadora de la Cofece 🇲🇽 sobre el mercado de "marketplaces", con la idea de contribuir a una política de competencia basada en evidencia y en los principios y mejores prácticas del Derecho de la Libre Competencia. Discrepamos de los hallazgos y de las recomendaciones del informe. Todo parte, de una mala definición del mercado relevante, en el que sólo se considera a "grandes tiendas online participando en múltiples categorías a nivel nacional", excluyendo a tiendas con menos alcance o de nicho, a agregadores como "Google Shopping" y a las tiendas virtuales de marcas propias (como Apple o Adidas). Pero, como bien dice Geoffrey Manne, los consumidores *compran productos, no tipos de tiendas*. En los hechos, "super-tiendas" como Amazon y Mercado Libre sí compiten con actores como los citados líneas arriba. Incluso si aceptáramos la definición de mercado relevante propuesta por COFECE, es discutible afirmar luego que en dicho mercado Amazon y Mercado Libre "son dominantes". El informe combina su cuota de mercado sin justificarlo, y además considera una discutible definición de "barreras de entrada". Finalmente, los remedios propuestos son "peores que la enfermedad", y explicamos que van a perjudicar antes que beneficiar a los consumidores. Pueden encontrar el texto completo ( 🇪🇦 ) en link en los comentarios. Por supuesto, cualquier duda o comentario, encantado de conversarlo.

My International Center for Law & Economics on #sherlocking, ie platform’s use of non-public third-party business data (pre-print version also here https://lnkd.in/dxJcNuUj), has been published in World Competition https://lnkd.in/de2vc4NG

Yesterday, International Center for Law & Economics and the Information Technology & Innovation Foundation filed an amicus in the 8th Circuit opposing the FCC's new "digital discrimination" rules. "The Order will not only stifle new deployment to unserved areas, but also will delay network upgrades and maintenance out of fear of alleged disparate effects." A summary of our arguments are on Truth on the Market. https://lnkd.in/gu3d3jKC

#AI #Competition There's a lot going on in the field of "Artificial Intelligence", and some are worried that this is going to be another "winner takes it all" race. Some are particularly worried about recent investments by #Microsoft and #Amazon, since this "big tech" firms incursion in the market could somehow transfer their alleged market power from one industry to another. We think this risks are greatly exaggerated: "Overenforcement in the field of generative AI paradoxically could engender the very harms that policymakers currently seek to avert. As we explain in greater detail below, preventing so-called “big tech” firms from competing in these markets (for example, by threatening competition intervention as soon as they build strategic relationships with AI startups) may thwart an important source of competition needed to keep today’s leading generative-AI firms in check. In short, competition in AI markets is important, but trying naïvely to hold incumbent (in adjacent markets) tech firms back out of misguided fears they will come to dominate this space is likely to do more harm than good". Check (link in the comments) the International Center for Law & Economics submission to the Competition and Markets Authority invitation to comment on partnerships and other arrangements involving artificial intelligence. Dirk Auer Geoffrey Manne Lazar Radic