Centre for Law, Economics and Society


Professor Ioannis Lianos cited in European Commission’s ‘Study on the Passing On of Overcharges’

21 December 2016

Professor Ioannis Lianos‘ work was extensively cited in the recent European Commission’s Study on the Passing On of Overcharges in Competition Law damages that was released in October this year.

The work of the Centre for Law, Economics and Society (CLES) competition law team, directed by Professor Lianos, Professor in Competition Law and Public Policy at UCL Faculty of Laws, and also featuring Dr. Florian Wagner von Papp, Reader in Law, and visiting professors Frederic Jenny and Dr. Florence Thepot (PhD. UCL, 2015), on Optimal and Just Financial Penalties System in Competition Law was also cited as a main source in a recent report prepared by the OECD Competition Committee on sanctions in antitrust cases.

The CLES competition law team were also successful in their bid for a Economic and Social Science Research Framework Agreement for the UK Competition and Market Authority. They will be responsible for Lots 1 (Social and Economic Research and Analysis Related to Competition and Consumer Policy and Regulation), Lot 2 (Combining Social and Economic Research and Analysis with Market Research in Relation to Competition and Consumer Policy and Regulation), and 7 (Specialist Academic Advice Relating to Competition and Regulatory Economics), being successful for all lots to which they have applied. This opens various possibilities to the CLES team to provide scientific advice to the UK Competition and Markets Authority and assist it in its policy work. The contract was concluded by UCL Consultants.

Finally, Professor Lianos recently won a Modern Law Review grant and a UCL Public Engagement Grant for a conference on the theme of “Blockchain and the Constitution of a New Financial Order: Legal and Political Challenges”, which will be held at UCL on 19 June 2017 and will involve a number of world leading experts in blockchain technology and its interaction with the legal and financial systems (Fintech, Regtech). This forms part of an exciting new research initiative of CLES on Digital Currencies, Digital Finance and the Constitution of a New Financial Order.

Read more on this new research initiative.