From March 13-16, the Barcelona Graduate School of Economics held the third edition of its continuing education course on Competition Economics: Abuse of Dominance. The course drew 50 participants from 22 countries in both the public and private sectors who are specialized in energy, healthcare, law, telecommunications, transportation and production, as well as academic economists and government competition authorities.
The course director was Prof. Massimo Motta (ICREA-UPF and Barcelona GSE). Other course instructors were Prof. Giulio Federico (Chief Economist Team, DG-Competition, European Commission); Prof. Chiara Fumigalli (Bocconi University); and Prof. Jorge Padilla (Compass Lexecon). Course sessions covered topics such as Predation, Rebates, and Exclusive Dealing, as well as case studies on intellectual property rights, telecommunications, and energy.
An "illuminating" course for professionals working in competition economics and market regulation
The treatment of abusive (or monopolization) practices by dominant firms is one the most controversial areas in competition policy. At the other extreme, in the EU dominant firms have been repeatedly sanctioned by competition authorities for such practices, at times disregarding potential efficiency considerations.
The four-day course, designed for lawyers and economists, provide them with a thorough understanding of the most recent economic theories of monopolization, help them apply these concepts in practice, and review actual cases in the light of an effects-based approach.
"This short but extremely useful course presents crystal-clear points of economic theory and practice and provides sharp insights into relevant issues of competition policy," said course participant Mel Marquis, Professor of Law at the European University Institute in Florence, Italy. "Lawyers that have already been exposed to the basic economics of competition will find this expert instruction entirely illuminating."
"It's a high-quality course. The teachers are very, very good," said María de la Luz Domper, economist and judge at the Chilean Competition Tribunal. "The course gives you a deep and wide notion of the latest economic theories and cases in abuse of dominance that have been analized by the European Commission and the United States Department of Justice. It is great, and I recommend it."
Two graduates of the Barcelona GSE master program in Competition and Market Regulation were among this year's course participants. For them, the course was an opportunity to return to campus and get back in the classroom with some of the professors they already know well from the master program. One of them was Morten Eskild Friehlin '10, who is now an economic consultant at Danish law firm Bech-Bruun in Copenhagen.
"I work with competition cases and saw the course on Abuse of Dominance as a brilliant way to catch up with the latest developments in the field of competition policy," Mr. Friehling said. "All the lectures gave me useful insights to apply in my work. The sessions regarding recent cases were particularly valuable."
Employers and Institutions of 2013 Abuse of Dominance Participants
- Chilean Competition Tribunal
- Competition Commission of Singapore
- Costa Rican Telecommunications Authority
- Czech Office for the Protection of Competition
- Dutch Competition Authority (NMa)
- Dutch Healthcare Authority
- Dutch Telecommunications Authority (OPTA)
- European Commission
- Icelandic Competition Authority
- Italian Competition Authority
- Norwegian Competition Authority
- Portuguese Civil Aviation Authority
- Portuguese Competition Authority
- Spanish Competition Commission
- Swedish Competition Authority
Economic consulting firms
- Copenhaguen Economics (Denmark)
- KPMG (UK)
- Oxera Consulting (UK)
- Allen & Overy (Germany)
- Bech-Bruun (Denmark)
- Cuatrecasas Gonçalves Pereira, SLP
- DLA Piper Spain, SLU
- Freshfields Brackhaus Deringer (Brazil)
Other private companies
- Cargill de Honduras
- Cosmote Romanian Mobile Telecommunications, SA
- Endesa, SA
- ESB International (UK)
- PKN Orlen (Poland)
- European University Institute (Italy)
- Masaryk University (Czech Republic)
- Nihon University (Japan)
- University of Copenhagen (Denmark)
- Massimo Motta (director), ICREA-UPF and Barcelona GSE
- Giulio Federico, Chief Economist Team, DG-Competition, European Commission; Barcelona GSE guest professor
- Chiara Fumagalli, Bocconi University
- Jorge Padilla, Compass Lexecon; Barcelona GSE guest professor