Conference Coverage

Winckler: antitrust is under threat

Winckler: antitrust is under threat

26 October 2017

Antitrust’s “technocratic project” is under threat from populism and increasingly technical economic theories, Cleary Gottlieb Steen & Hamilton partner Antoine Winckler said yesterday.

Dow/Dupont was within guidelines, says DG Comp enforcer

Dow/Dupont was within guidelines, says DG Comp enforcer

26 October 2017

While a European Commission official defended the Dow/DuPont decision as fitting with both US and EU merger guidelines, competition practitioners said it departed from existing models of innovation analysis and invoked inconclusive economic theories.

Canadian enforcer calls for innovation catch-up

26 October 2017

Competition Bureau deputy commissioner Vicky Eatrides lauded the Canadian government’s initiative to foster innovation and competition in key sectors, but said the country is “lagging” behind in the global race for innovation – meaning domestic enforcers need to be flexible and leave room for innovative business models.

Vestager: competition cannot replace regulation

Vestager: competition cannot replace regulation

25 October 2017

The European Union’s commissioner for competition has warned that competition and regulation must be careful not to undermine each other.

Enforcers diverge over “fairness” in competition

Enforcers diverge over “fairness” in competition

25 October 2017

Talk of “fairness” in antitrust theories of harm has divided opinion between officials at the UK and Belgian competition authorities.

DG Comp to consider common ownership in mergers

DG Comp to consider common ownership in mergers

20 October 2017

The European Commission’s Directorate-General for Competition will consider common ownership in its merger analysis, a senior official said, and the Dow/DuPont decision shows competition authorities are not “blind” to the issue.

Direct intervention into markets is not necessary, CMA official says

20 October 2017

While politicians and the public are “much less convinced” about the benefits of competition law than they once were and the media is calling for a more regulatory approach, the chief economic adviser of the UK’s Competition and Markets Authority expressed doubts that such direct intervention in markets is beneficial.

ACCC to examine information exchange

ACCC to examine information exchange

19 October 2017

A senior official at Australia’s antitrust enforcer provided details about the agency’s future enforcement of information exchange cases, after the country’s parliament passed a prohibition on concerted practices.

ACCC needs to be more court-ready, says chair

ACCC needs to be more court-ready, says chair

10 October 2017

The head of Australia’s antitrust enforcer has said the agency must be better prepared to explain to courts what should count as merger benefits.

Litigators doubt arbitration works for damages claims

10 October 2017

UK litigators expressed doubt that arbitration proceedings should be used to address competition damages claims, despite a ruling by the High Court of England and Wales earlier this year opening up the possibility of doing so.