Centre for Law, Economics and Society (CLES)


27 July 2016
Digital Currencies, Digital Finance and the Constitution of a New Financial Order

For more information and to view past events, please go to the events pages.


Contact Us

For general enquiries, please contact:

laws.research [at] ucl.ac.uk
+44 (0)20 3108 8484

For research project enquiries, please contact:

Professor Ioannis Lianos
+44 (0)20 3108 8346
i.lianos [at] ucl.ac.uk

Centre for Law, Economics and Society

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Equity and Efficiency Conference Brussels

CLES Holds Competition Policy Event in Brussels

The Centre for Law, Economics and Society at UCL and the Global Competition Law Centre at the College of Europe co-organised an important event on the topic of Competition Policy at the Intersection of Equity and Efficiency.

The tension between “equity” and “efficiency”, and a possible trade-off between these objectives, has been one of the major questions bedevilling economics and, more generally, political philosophy in liberal democracies, but also beyond. In particular, the equity versus efficiency trade-off debate has played a defining role in the transformation of the dominant paradigm governing competition law enforcement at least since the late 1970s due to the growing influence of economics and economists in competition law and policy discourse, and the internationalisation of antitrust. The debate remains crucial today as issues of inequality and its interaction with efficiency become of central concern to policy and decision-makers in competition law, as well as in other spheres of public policy. Yet, despite their central role in the grammar of competition law on the global plane, few scholars have explored the intellectual underpinnings of the interactions between “equity” and “efficiency” in the context of competition/antitrust law.

The conference honoured the work of Professor Eleanor Fox, from NYU law school, a pioneer in the field, and the author of a body of work directly engaging with the conceptualization of the relationship between “efficiency” and “equity” in competition law, drawing lessons for U.S antitrust law, EU competition law and the competition law systems of emergent and developing countries. As the former European commissionaire for Competition Policy and former Italian Prime Minister, Professor Mario Monti, and Judge Diane Wood, from the U.S. Court of Appeals, highlighted in their key-note speeches, Professor Fox has been “antitrust’s invaluable outsider”, always challenging cleverly the mainstream in the United States and being an “ambassador” for European competition law, but also emerging and developing countries’ competition law at the global scale.

The conference united a great number of Professor Fox's friends and colleagues, including the two co-organisers of the event, Professor Ioannis Lianos and Dr Damien Gerard, who were her research assistants during their student time in New York, but also no less than two former prime-ministers, a former European Commissionaire in the area of competition law, judges from the Court of Justice and the General Court of the EU, the chief judge of the U.S. Court of Appeals for the Seventh Circuit, the President of the South African Competition Tribunal, the former head of the WTO Appellate Body, the chief economist of the European Commission, many heads of units at the DG Competition, European Commission and a selection of the most prominent academics in competition law & policy globally.

Published: Jun 22, 2016 11:55:03 AM

20160518 St Petersburg BRICS

Second BRICS Competition Law Forum on Gobal Food Supply Chains and Competition Law

The UCL Centre for Law, Economics and Society (CLES) co-organised the second BRICS Competition Law Forum on the topic of Global Food Supply Chains and Competition Law. The workshop brought together representatives of international organisations, competition authorities’ officials, competition lawyers and economists, trade lawyers and agricultural economics’ experts to discuss the emergence and regulation of global food value chains. More...

Published: Jun 3, 2016 2:56:31 PM


Professor Ioannis Lianos wins the 2016 Concurrences Award

Professor Ioannis Lianos‘ article ”Causal uncertainty and Damages Claims for the Infringement of Competition Law in Europe” has been awarded the 2016 Concurrences Award as one of the top 10 academic articles globally in competition law for 2015. More...

Published: Apr 8, 2016 2:38:48 PM

Page last modified on 08 dec 15 13:35