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Past Courses

Economics of Competition Policy for Economists, October 2016

Economics of Competition Policy for Economists

6-7 October 2016, etc.Venues The Hatton, London EC1N 8HN

Do you have a good background in microeconomics but want to learn more about practical competition policy? Then this course could be for you. Now in its third year, this highly successful two-day course is aimed at those who are relatively new to practical competition policy and will provide you with an introduction into competition policy by speakers from both the private and public sector with with strong practical experience of competition policy work from both the private and public sector.

With a focus on standard antitrust, including the assessment of anti-competitive agreements, mergers and abuse of dominance, each of the eight sessions will involve a mix of presentation and interactive work to provide you with practical analytical tools to be used when back in the workplace. 

Speakers include: Matthew Bennett, Charles River Associates; Kate Collyer, Competition and Markets Authority; Laura Phaff, Compass Lexecon; Amelia Fletcher, CCP; Morten Hviid, CCP; Matthew Johnson, Oxera; David Parker, Frontier Economics; Adrian Majumdar, RBB Economics. Further information on speakers can be found here.

Full two day programme

Course verview & Speaker Information

 

Economics of Competition Policy for Economists, October 2015

Economics of Competition Policy for Economists

8-9 October, etc. Venues, Prospero House, London SE1 1GA

Do you have a good background in microeconomics but want to learn more about practical competition policy?  

Then this course could be for you. Aimed at those who are new to practical competition policy, this two day course will provide you with an introduction by speakers with strong practical experience of competition policy work from the private and public sector.

With a focus on on standard antitrust, including the assessment of anti-competitive agreements, mergers and abuse of dominance, each of the eight sessions will involve a mix of presentation and interactive work to provide you with practical analytical tools. 

The course will offer an introductory insight into competition policy and will cover a wide range of issues over the two days. Attendees will be given links to more detailed information which can then followed up when back in the workplace.  

Course Overview & Speaker Information

Day 1, 8 October 2015

Session 1: Overview - Legal framework and key economic concepts

Morten Hviid, Centre for Competition Policy & Law School, University of East Anglia (UEA)

Morten Hviid was appointed director of the ESRC Centre for Competition Policy in August 2011. He previously joined the UEA Law School in September 2004 as a Professor in Competition Law. He has held posts in the Economics Departments at University of Copenhagen and University of Warwick and in the School of Economic and Social Studies, University of East Anglia.

Within the Centre he primarily works on issues relating to cartels and the role of private enforcement in competition law. He is a past editor of the journal of Industrial Economics and a past associate editor of the International Journal of Industrial Organization.

Morten holds an MA and a PhD in Economics from University of Warwick as well as an economics degree from University of Aarhus, Denmark. He has been a visiting Scholar at Yale University, University of California Berkeley and University of Copenhagen.

He is also a former member of the Executive Committee of the European Association for Research in Industrial Economics (EARIE).

Session 2: Market definition and market power 

David Parker, Frontier Economics

David is a Director in the competition practice at Frontier Economics, having joined when the firm was founded in 1999. He advises firms facing competition investigations in relation to mergers, agreements, abuses of dominance, and sectoral inquiries. He has been involved in many of the highest-profile competition cases in the EU and at NCA level in the past 15 years, including Movies on Pay-TV, GE/Honeywell, Groceries, Local Bus Services, Private Healthcare, Booker/Makro and Caterpillar/MWM. Key clients include Disney, Caterpillar, Hewlett Packard, Tesco, First Group, Aggregate Industries, Rolls Royce, English Welsh and Scottish Railway, ITV, Premier League, and the UK National Health Service.

David provides expert advice in litigation cases, specialising in litigation arising from breaches of competition law, including cartel follow-on damages cases and breaches of Article 102. He advised Tesco in the first successful appeal of a UK Competition Commission market investigation remedy and English Welsh and Scottish Railway in the first successful defence against a damages claim for breach of the UK Chapter 2 prohibition. He regularly speaks at conferences and seminars, and has written numerous articles on competition economics issues.

Session 3: Mergers: Unilateral effects 

Kate Collyer, Competition and Markets Authority (CMA)

Kate Collyer is Deputy Chief Economic Adviser in the Competition and Markets Authority (CMA), where she is responsible for the quality and standard of economic advice in the CMA’s market and merger investigations. Kate was Director of Economics in the Competition Commission where she provided economic advice on a wide range of market and merger investigations in many different sectors in the UK. Before joining the Competition Commission, Kate was Director of Economics and Deputy Director at the Cooperation and Competition Panel (CCP) (now Monitor). 

At the CCP Kate led a large number of merger and competition investigations in the NHS and her research on hospital choice and merger simulation has been published in the Economic Journal. Kate has also worked as an economic consultant advising on antitrust and merger investigations in a range of sectors in the UK, Europe and US.

Session 4: Horizontal agreements and coordinated effects mergers

Matthew Johnson, Oxera

 

Matthew specialises in competition economics. His areas of expertise include merger analysis, abuse of dominance and the effects of vertical and horizontal agreements between firms. He has provided analysis for clients involved in litigation, as well as those facing investigations by competition authorities in a number of jurisdictions.

Before joining Oxera, Matthew worked as an economic adviser at the UK Office of Fair Trading (OFT), now part of the Competition and Markets Authority (CMA), and at the European Commission. He has over 15 years’ experience as a professional economist and has been appointed as expert in the context of UK litigation proceedings.

Matthew’s extensive experience in UK and European Commission merger cases includes analysis of local markets, vertical mergers and coordinated effects. He has also advised on market investigations in a range of industries. Matthew is listed in the International Who’s Who of Competition Lawyers & Economists 2015, and is a non-governmental adviser to the International Competition Network (ICN) Working Group on Unilateral Conduct. Matthew sits on the advisory board of theCompetition Law Journal.

________________

Day 2, 9 October 2015

Session 5: Exclusionary abuse I - Introduction, predation and refusal to supply

Matthew Bennett, Charles River Associates (tbc)

Matthew Bennett is a Vice President at Charles River Associates. Prior to joining CRA, Dr. Bennett served as the Director of Economics at the Office of Fair Trading in the United Kingdom where he was responsible for the Economic Policy, Financial Analysis, Statistics and Econometrics teams. This included supervising the economic review of OFT cases, commissioning economic research, and developing the OFT's economic approach to competition and consumer policy. He advised on competition cases involving the banking, construction, retail, and tobacco industries, among others, as well as on Chapter I and II investigations. Dr. Bennett joined the OFT in 2008. 

Prior to that, he was a principal at LECG and also worked for the UK Communications Regulator OFCOM within the Chief Economist's team. In addition, he has authored papers in the area of competition and consumer policy, most recently in the area of information exchange. Dr. Bennett earned his PhD degree in Economics from the University of Warwick and completed a Post-Doctorate degree in Economics from the Toulouse School of Economics.

Session 6: Exclusionary abuse II: rebates, margin squeeze and Google

Adrian Majumdar, RBB Economics

Adrian Majumdar is a Partner at RBB Economics. Prior to joining RBB in 2004, Adrian was the Deputy Director of Economics at the OFT. Adrian has advised on many leading competition law cases in the UK and European jurisdictions. 

He has published widely on nearly all aspects of competition economics and is a co-author of the textbook published in 2011, UK Merger Control. Adrian is on the Advisory Board of the British Institute of International and Comparative Law (BIICL) Competition Law Forum. Adrian is also a non-governmental advisor for the UK to the International Competition Network and lectures for King's College London, where he is a Course Director of the Postgraduate Diploma/Masters in Economics for Competition Law. 

Adrian is also an expert for the OECD on competition matters. Adrian completed his undergraduate studies at Cambridge University and his PhD at the Centre for Competition Policy at the University of East Anglia. 

Session 7: Exploitative abuse 

Kirsten Edwards-Warren, Compass Lexecon

Kirsten Edwards-Warren is an Executive Vice President at Compass Lexecon Europe.  She was previously Director of Economics at both the Office of Fair Trading and Competition Commission.  

She has extensive experience in mergers, having worked on over 40 UK and EC cases, in addition to mergers notified in the U.S., France, Germany, Australia, Russia, China and South Africa. She has worked on some of Europe’s most high profile mergers in recent years including Omnicom/Publicis, AEG/Wembley Arena, Johnson & Johnson/Synthes, NYSE/Deutsche Börse, Aegean/Olympic Airlines, KLM/Martinair, Microsoft/Skype and Kraft/Cadbury. In addition she has advised on market studies, consumer cases and competition enforcement cases investigating tying and bundling, excessive pricing, retroactive rebates, refusals to supply, vertical restraints and cartels.

She is listed in the Who’s Who of Competition Economists in 2010, 2011 and 2012, and she featured in the Global Competition Review Women in Antitrust Survey in 2013.

Session 8: Vertical restraints and non-horizontal mergers

Amelia Fletcher, Centre for Competition Policy & Norwich Business School, UEA

Amelia Fletcher is Professor of Competition Policy at the ESRC Centre for Competition Policy. She is also a Non-Executive Director at the Financial Conduct Authority, and a member of the Enforcement Decision Panel at Ofgem. She was previously Chief Economist at the Office of Fair Trading (2001-2013), where she also spent time leading the OFT's Mergers and Competition Policy teams. Before joining the OFT, Amelia was an economic consultant at Frontier Economics (1999-2001) and London Economics (1993-1999).

Amelia has written and presented widely on competition and consumer policy. In her ongoing research, she has a particular interest in the implications for competition and consumer policy of behavioural economics and online markets. Amelia has a DPhil and MPhil in economics from Nuffield College, Oxford. She has been on the Councils of the Royal Economic Society and the Association of Competition Economics and on the advisory panel for the ESRC Centre for Economic Learning and Social Evolution (ELSE). She is currently a member of Oxera's Economics Council.

 

Economics of Competition Policy for Economists, October 2014

Course Details 

9-10 OCTOBER 2014. 9.30am - 5.00pm, etc Venues, The Hatton, London

Aimed at those with a good background in microeconomics, but who are relatively new to practical competition policy, this two day course provided an introduction to the economics of competition policy. 

The course consisted of eight 90 minute sessions which were delivered by different speakers with strong practical experience of competition policy work. Each involved a mix of presentation and interactive work to help provide practical analytical tools. 

The focus was on the UK/EU legal framework and core antitrust issues including the assessment of anti-competitive agreements and abuse of dominance and mergers. 

Full programme 

Speakers

Session 1: Legal Framework and Key Economic Concepts 

Prof Morten Hviid, CCP & Law School, University of East Anglia

Biography:

Morten Hviid was appointed director of the ESRC Centre for Competition Policy in August 2011. He previously joined the UEA Law School in September 2004 as a Professor in Competition Law. He has held posts in the Economics Departments at University of Copenhagen and University of Warwick and in the School of Economic and Social Studies, University of East Anglia.

Within the Centre he primarily works on issues relating to cartels and the role of private enforcement in competition law. Morten holds an MA and a PhD in Economics from University of Warwick as well as an economics degree from University of Aarhus, Denmark. He has been a visiting Scholar at Yale University, University of California Berkeley and University of Copenhagen.

Morten is a former editor of the Journal of Industrial Economics and associate editor of the International Journal of Industrial Organization. He is also a former member of the Executive Committee of the European Association for Research in Industrial Economics (EARIE).

Session 2: Market Definition and Market Power

David Parker, Frontier Economics

Biography:

David is a Director in the competition practice at Frontier Economics, having joined when the firm was founded in 1999. He advises firms facing competition investigations in relation to mergers, agreements, abuses of dominance, and sectoral inquiries. He has been involved in many of the highest-profile competition cases in the EU and at NCA level in the past 15 years, including Movies on Pay-TV, GE/Honeywell, Groceries, Local Bus Services, Private Healthcare, Booker/Makro and Caterpillar/MWM. Key clients include Disney, Caterpillar, Hewlett Packard, Tesco, First Group, Aggregate Industries, Rolls Royce, English Welsh and Scottish Railway, ITV, Premier League, and the UK National Health Service.

David provides expert advice in litigation cases, specialising in litigation arising from breaches of competition law, including cartel follow-on damages cases and breaches of Article 102. He advised Tesco in the first successful appeal of a UK Competition Commission market investigation remedy and English Welsh and Scottish Railway in the first successful defence against a damages claim for breach of the UK Chapter 2 prohibition. He regularly speaks at conferences and seminars, and has written numerous articles on competition economics issues.

Session 3: Mergers - Unilateral Effects

Kate Collyer, Competition and Markets Authority (CMA)

Biography:

Kate Collyer is Director of Economics for Markets and Mergers in the Competition and Markets Authority (CMA), where she is responsible for the quality and standard of economic advice in the CMA's market and merger investigations. Kate was Director of Economics in the Competition Commission where she provided economic advice on a wide range of market and merger investigations in many different sectors in the UK. Before joining the Competition Commission, Kate was Director of Economics and Deputy Director at the Cooperation and Competition Panel (CCP) (now Monitor). At the CCP Kate led a large number of merger and competition investigations in the NHS and her research on hospital choice and merger simulation has been published in the Economic Journal. Kate has also worked as an economic consultant advising on antitrust and merger investigations in a range of sectors in the UK, Europe and US.

Session 4: Horizontal Agreements and Coordinated Effects 

James Kavanagh, Oxera

Biography:

James has over ten years of professional experience in competition economics, with a focus on state aid and litigation. He has worked on economic and finance issues in cases in all major European jurisdictions. He has advised companies such as Australia and New Zealand Bank, Deutsche Bahn, EDF, Royal Bank of Scotland and Ryanair, as well as authorities such as DG Competition. James is co-author of Economics for Competition Lawyers, a leading textbook, and teaches on the postgraduate course Economics for Competition Law at King's College London.

James has been appointed as expert in UK litigation and arbitration proceedings, and has experience of cross-examination in court. He has also participated in mediations, particularly in cases involving follow-on damages. He has an exceptional breadth of experience in state aid, and is recognised as a leading specialist in this area. For several years James has been listed in the International Who's Who of Competition Lawyers & Economists and in the Guide to the World's Leading Competition and Antitrust Lawyers & Economists.

Session 5: Exclusionary Abuse of Dominance

Matthew Bennett, Charles River Associates

Biography:

Dr. Matthew Bennett is a Vice President at Charles River Associates. Prior to joining CRA, Dr. Bennett served as the Director of Economics at the Office of Fair Trading in the United Kingdom where he was responsible for the Economic Policy, Financial Analysis, Statistics and Econometrics teams. This included supervising the economic review of OFT cases, commissioning economic research, and developing the OFT's economic approach to competition and consumer policy. He advised on competition cases involving the banking, construction, retail, and tobacco industries, among others, as well as on Chapter I and II investigations. Dr. Bennett joined the OFT in 2008. Prior to that, he was a principal at LECG and also worked for the UK Communications Regulator OFCOM within the Chief Economist's team. In addition, he has authored papers in the area of competition and consumer policy, most recently in the area of information exchange. Dr. Bennett earned his PhD degree in Economics from the University of Warwick and completed a Post-Doctorate degree in Economics from the Toulouse School of Economics.

Session 6: Exploitative Abuse of Dominance

Kirsten Edwards-Warren, Compass Lexecon

Biography:

Kirsten Edwards-Warren is an Executive Vice President at Compass Lexecon Europe.  She was previously Director of Economics at both the Office of Fair Trading and Competition Commission.  She has extensive experience in mergers, having worked on over 40 UK and EC cases, in addition to mergers notified in the U.S., France, Germany, Australia, Russia, China and South Africa. She has worked on some of Europe's most high profile mergers in recent years including Omnicom/Publicis, AEG/Wembley Arena, Johnson & Johnson/Synthes, NYSE/Deutsche Börse, Aegean/Olympic Airlines, KLM/Martinair, Microsoft/Skype and Kraft/Cadbury. In addition she has advised on market studies, consumer cases and competition enforcement cases investigating tying and bundling, excessive pricing, retroactive rebates, refusals to supply, vertical restraints and cartels. She is listed in the Who's Who of Competition Economists in 2010, 2011 and 2012, and she featured in the Global Competition Review Women in Antitrust Survey in 2013.

Session 7: Vertical Restraints 

Prof Amelia Fletcher, CCP & Norwich Business School, UEA

Biography:

Amelia Fletcher is Professor of Competition Policy at the ESRC Centre for Competition Policy. She is also a Non-Executive Director at the Financial Conduct Authority, and a member of the Enforcement Decision Panel at Ofgem. She was previously Chief Economist at the Office of Fair Trading (2001-2013), where she also spent time leading the OFT's Mergers and Competition Policy teams. Before joining the OFT, Amelia was an economic consultant at Frontier Economics (1999-2001) and London Economics (1993-1999).

Amelia has written and presented widely on competition and consumer policy. In her ongoing research, she has a particular interest in the implications for competition and consumer policy of behavioural economics and online markets. Amelia has a DPhil and MPhil in economics from Nuffield College, Oxford. She has been on the Councils of the Royal Economic Society and the Association of Competition Economics and on the advisory panel for the ESRC Centre for Economic Learning and Social Evolution (ELSE). She is currently a member of Oxera's Economics Council.

Session 8: Mergers - Non-Horizontal Effects and Minority Stakes

Adrain Majumdar, RBB Economics

Biography:

Adrian Majumdar is a Partner at RBB Economics. Prior to joining RBB in 2004, Adrian was the Deputy Director of Economics at the OFT. Adrian has advised on many leading competition law cases in the UK and European jurisdictions. He has published widely on nearly all aspects of competition economics and is a co-author of the textbook published in 2011, UK Merger Control. Adrian is on the Advisory Board of the British Institute of International and Comparative Law (BIICL) Competition Law Forum. Adrian is also a non-governmental advisor for the UK to the International Competition Network and lectures for King's College London, where he is a Course Director of the Postgraduate Diploma/Masters in Economics for Competition Law. Adrian is also an expert for the OECD on competition matters. Adrian completed his undergraduate studies at Cambridge University and his PhD at the Centre for Competition Policy at the University of East Anglia.

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