The Amsterdam Center for Law & Economics (ACLE) at the University of Amsterdam organizes its third annual Competition & Regulation Meeting. The topic of this year's workshop is:
March 16, 2007
Universiteit van Amsterdam, Law Faculty
Amsterdam, The Netherlands
The stakes in competition policy are high and the parties involved are sophisticated players. Effective competition policy requires both good law-making and vigilant enforcement. Firms react strategically to the legislative process, the avenues through which competition laws are enforced and the ways of the competition authorities. Private parties might, for example, try and abuse the competition laws to hassle their competitors. They may dispute contracts as prejudiced by an antitrust infringement, or try to elicit costly antitrust investigations. Initiating frivolous antitrust or illegal state aid claims may encourage market exit or extort antitrust damage settlements. Hard core cartels are involved in a game of hide and seek with the enforcement agencies. Ever more advanced detection methods a met by clever ways to fly below the radar. Monopolization or abuse of dominance can be disguised as good competition according to innovative business models. Companies subject to (hostile) takeover may try to influence merger control. Likewise, regulated industries may lobby for favorable rules and treatment.
Competition authorities and regulatory agencies need to be aware of these strategic dimensions of their oversight role. They must protect the competition laws and regulations from being abused by setting the right priorities in enforcement. Law enforcement is a game of asymmetric information and application of unequal resources. Authorities with a reputation for being decisive and just can credibly commit to targeted and efficient interventions. Economic theory and legal studies each provide insight into the political economy of competition law enforcement.
The ACLE invites scholars and practitioners to discuss the strategic interaction between firms, competition authorities and regulators in antitrust, merger control and regulation at the 3rd ACLE Competition & Regulation Meeting. ACLE organizes a full-day event with keynote addresses and (parallel) contributed paper sessions to discuss both academic and practical consequences of these issues.
R. Preston McAfee is J. Stanley Johnson Professor of Business, Economics & Management at the California Institute of Technology in Pasadena. He is a specialist in the economics of antitrust, on which he publishes in the top academic journals. Professor McAfee has a series of recent papers (in part joint with Nicholas Vakkur, Hugo Mailon and Sue Mailon) in which he discusses critically how the antitrust laws and competition rules are open to strategic abuse and warns against resulting harm to the competitive process. The title of Professor McAfee's talk is Public and Private Antitrust Enforcement: A Strategic Analysis. Below you find links to two recent papers.
Scholars, private practitioners and officials from competition authorities are invited to submit their work (in progress) on the workshop topic to be considered for inclusion in the contributed paper sessions. We welcome all original research that is related to the specialized workshop topic.
The deadline for submission is February 1, 2007. Decisions on inclusion in the workshop program will be communicated by mid February 2007.
The fee for the workshop is euro 85 for (full-time) academics and euro 225 for practitioners.
To register for the workshop, click on the link below. Payment details will be provided with confirmation of your on-line registration. Please note that there is a limited number of places available, so early registration is advised.
A limited number of reduced fees is available for selected young scholars (PhD candidates and post-docs). To be considered for a fee waiver, please motivate your position by separate e-mail to email@example.com. There is no fee for presenters of contributed papers (they select the "waived fee" option).
The registration fee includes workshop participation and materials, luncheon, refreshments, closing drinks and buffet.
From Schiphol Airport you can take the train to the city centre of Amsterdam (Amsterdam Centraal Station). For most of the day, trains run from Schiphol Airport to Amsterdam Central Station every 10 minutes.
To get to the Faculty of Law from Amsterdam’s Central Station, you can use tramlines 4, 9, 16, 24, or 25. Get out at the second stop (Spui). The street you are on now is the Rokin. Take a left and cross the bridge to enter the alley Langebrugsteeg. Follow it through to Grimburgwal. At the end of Grimburgwal, take a left onto the canal named Oudezijds Achterburgwal. Immediately on your right hand side is the gate to the Oudemanhuispoort. Go through the gate and go halfway down the passage. On your left hand side, you will find the courtyard with the main entrance to the Faculty of Law.
We do not advise you to bring your car into Amsterdam’s city center. However, if you do wish to come by car, the Waterloo Square parking lot is closest to the Conference Venue.
Below you will find a map with the location of the workshop venue (number 7).
By taxi from Schiphol Airport, the trip to the workshop location will cost you approximately €50 and will take about half an hour.
Participants are to arrange their own lodging. The following is a selection of hotels in de vicinity of the conference venues.
Allen & Overy LLP
Behind the link below, you find some pictures of speakers and participants taken during the workshop.
The organizing committee consists of: Iwan Bos, Kati Cseres, Jakob Rüggeberg, Francesco Russo, Maarten Pieter Schinkel (chair), Jeroen van de Ven, Floris Vogelaar and Irene Wamelink.
For further inquiries contact the ACLE Office at +31 (0)20 525 4162 or the e-mail address below.