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Jevons Institute for Competition Law and Economics

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Competition in Digital Media and the Internet

9:30 am to 5:30 pm, 01 July 2017

The Related Roles of Antitrust, Consumer Protection, and Regulation

Event Information

Open to

All

Organiser

Jevons Institute

Location

Bentham House, Kings Cross, London

This sector is going through change at an unprecedented pace. Traditional business are challenged, new market forces are emerging and consumer behaviour is changing and adapting to a novel setting.This creates a complex set of interrelated issues which range from analysis of market power, to data protection and privacy, incentivising content and infrastructure investment and innovation but, at the same time, protecting consumers.

The 2010 Jevons Colloquium brought together head of authorities, senior enforcers, business representatives. academics, and the leading experts from the EU and US to discuss this set of issues. 

Joaquin Almunia, the EU Competition Commissioner opened the Colloquium and started the debate with John Fingleton, OFT's Chief Executive, Willard K Tom,at the US Federal Trade Commission and other senior authority heads and business figures.  Ed Richards, Ofcom's Chief Executive, gave a key note address. 

The Colloquium featured a number of other senior enforcers and leading experts including:  Per Hellstrom of DG Competition at the European Commission; Thibaud Vergé, Chief Economist at the French Competition Authority, Heather Clayton, Senior Director of OFT and responsible for the OFT recent study on online targeting; Jon Baker, Professor at the American University; Andrea Coscelli, Director of Competition Economics at Ofcom, and Pamela Harbour, former Commissioner at the Federal Trade Commission.

Accreditation: 6 CPD hours (SRA and BSB)

 

Overview:
David Evans, UCL and University of Chicago

  • What are the business models behind the behaviour of the major players?
  • How does the increasingly pervasive presence of Internet-based options alter competition among businesses
  • Are problems emerging, is it too early to worry, and can we count on the competitive process?

Keynote address:
Joaquin Almunia, Competition Commissioner (European Commission)
Download Commissioner Almunia's Speech

A discussion on key business and regulatory issues
moderated by Sir Christopher Bellamy (Linklaters)

  • John Fingleton, Chief Executive (OFT),
  • Willard K Tom, General Counsel (Federal Trade Commission)
Mergers and Antitrust:
Chair: Antonio Bavasso, UCL and Allen & Overy
Confirmed Speakers:
  • Per Hellstrom (DG Comp) - Slides available soon
  • Thomas Graf (Cleary Gottlieb Steen & Hamilton LLP) - Slides available soon
  • Simon Baxter (Skadden Arp, Slate, Meagher & Flom LLP) - Download Slides
  • Thibaud Verge, Chief Economist (French Autorite de la Concurrence) - Download Slides

Topics covered:

  • What are the key issues in analyzing market definition and power?
  • What are the lessons from Internet-mergers to date?
  • What if any special issues are raised by Internet distribution?
  • How if at all does the fact that many Internet products are free affect antitrust analysis?
  • What is the role of two-sided market antitrust?
  • Can antitrust provide an effective oversights against risk of algorithm manipulation?
  • Can antitrust strike a balance in relation to behaviour of companies with different business models and incentives?

Lunch keynote: 
With Ed Richards, Chief Executive (Ofcom)
Download Ed Richards' speech from the Ofcom website

Online targeting of advertising, use of data and consumer protection:
Chair: Willard K Tom, General Counsel (Federal Trade Commission)

Confirmed Speakers:

Topics covered:

A debate on the Intersections:
Chair: David Evans, UCL and University of Chicago

Confirmed Speakers:

  • Jon Baker, Professor of Law (American University)
  • Andrea Coscelli, Director of Competition Economics (Ofcom)
  • Pamela Harbour, Partner (Fulbright & Jaworsky) - former Commissioner (FTC)
  • Jenine Hulsmann, Partner (Clifford Chance)

Topics covered:

  • Are regulations of media and communications firms outmoded as a result of the emergence of Internet-based competitors?
  • How should regulation and antitrust incentivize in new infrastructure
  • Investment in super-fast broadband (the interaction between market-led investment, SMP regulations that can facilitate infrastructure investment and public subsidies)
  • Investment in next generation mobile networks (role of Art. 101 (3) in reviewing network-sharing agreements between competitors and spectrum management policy)
  • How should antitrust policy be adjusted in light of regulation?
  • Can and should antitrust consider privacy and data issues?