workshop on Economics of Competition and Regulation
About the workshop
In collaboration with the Competition and Markets Authority (CMA), the Centre for Competition and Regulatory Policy at the Department of Economics at City, University of London, is hosting a Workshop on Economics of Competition and Regulation. The workshop will take place at City, University of London on July 22-23, 2024. It will bring together academics, policy makers and industry practitioners to share their perspectives on a broad range of topics related to competition on and regulation of various markets.
The workshop was originally planned for June 2024 but was rescheduled due to the general elections announcement.
We are grateful to City's School of Policy & Global Affairs, Charles River Associates, NERA Economic Consulting, RBB Economics and Oxera Consulting LLP for their financial support.
Program
Location: Oliver Thompson Lecture Theatre (C101), Tait Building, Northampton Square, London, EC1V 0HB
Monday, 22 July 2024
9:30-9:40 Welcome address by Xeni Dassiou
Session 1: The Role of Data and Algorithms in Digital Markets
9:40-10:20 Diane Coyle (University of Cambridge)
Open Source (Generative) AI Models
Discussant: Johan Keetelaar (Oxera)
10:20-11:00 Carlo Reggiani (University of Manchester)
Data-driven market leadership and price coordination (with Y. Gu and L. Madio)
Discussant: Nitika Bagaria (Keystone)
11:00-11:20 Coffee break
Session 2: Interoperability in Digital Markets
11:20-12:00 James Bruschini and Robin Finer (Ofcom)
Mandated interoperability in digital markets
Discussant: Arina Nikandrova (City, University of London)
12:00-12:40 Jan Krämer (University of Passau)
Interoperability in Digital Markets: Boon or Bane for Market Contestability? (with Marc Bourreau)
Discussant: Robin Noble (Oxera)
12:40-13:40 Lunch
Panel discussion
13:40-15:00 DMCC Act
Moderator: Xeni Dassiou (City, University of London)
Panellists: Bethan Watts (CMA), Oles Andriychuk (University of Exeter), Katharine Rockett (University of Essex), Siobhán Dennehy (Department for Business and Trade), David Matthew (NERA), Kai-Uwe Kühn (University of East Anglia)
Session 3: Digital Ecosystems
15:00-15:40 Oliver Latham (CRA)
Analysing ecosystem effects in merger control
Discussant: Daniel Ershov (UCL)
15:40-16:20 Fiona Scott Morton (Yale)
Access Pricing for App Stores Under the Digital Markets Act (with David Dinielli, Paul Heidhues, Gene Kimmelman, Giorgio Monti, Margaret O'Grady, Rupprecht Podszun & Monika Schnitzer)
Discussant: Pierre Régibeau
16:20-16:40 Coffee break
Session 4: Potential Impacts of Market Power
16:40-17:20 Samilah Naira (CMA)
Review of Competition in the Groceries Sector
Discussant: Robert Scherf (Berkley Research Group)
17:20-18:00 Howard Smith (University of Oxford)
The Rise of Discounters and Its Impact on Concentration, Market Power and Welfare
Discussant: Alex Waddington (CMA)
Tuesday, 23 July 2024
Session 5: Media Plurality
9:30-10:10 Simeon Thornton (Ofcom)
Media plurality and online news
Discussant: Andrea Tesei (Queen Mary, University of London)
10:10-10:50 Marit Hinnosaar (University of Nottingham)
Influencer Cartels (with Toomas Hinnosaar)
Discussant: George Tucker (RBB)
10:50-11:10 Coffee break
Session 6: The Role of Data and Algorithms in Digital Markets II
11:10-11:50 Cole Williams (Durham University)
Search Platforms: Big Data and Sponsored Positions (with Maarten Janssen, Thomas Jungbauer, Marcel Preuss)
Discussant: Tom Farmer (CMA)
11:50-12:30 Annie Leith (CMA)
Foundation Models - Competition and Consumer Impacts
Discussant: Xeni Dassiou (City, University of London)
12:30-13:10 Martin Peitz (University of Mannheim)
Product recommendations and price parity
Discussant: Helen Ralston-Smith (Oxera)
13:10-14:10 Lunch
Session 7: Labour Market Power
14:10-14:50 Jakob Schneebacher (CMA)
Labour Market Power in the UK
Discussant: Giacinta Cestone (City, University of London)
14:50-15:30 Axel Gottfries (University of Edinburgh)
Dynamic monopsony with large firms and non-competes (joint work with G. Jarosch)
Discussant: Gabriele Corbetta (Compass Lexecon)
15:30-15:50 Coffee break
Session 8: Competition Policy and Sustainability
15:50-16:15 Timo Klein (Oxera & Utrecht University)
Using economics to implement the new legal framework on competition and sustainability
16:15-16:40 Tristan Lécuyer (RBB)
Sustainability agreements – Experience from a practical assessment under the EU Horizontal Guidelines
16:40-17:05 Maarten Pieter Schinkel (University of Amsterdam)
Discussant
17:05-17:40 Discussion and Q&A from the floor