Competition Policy in the New Decade
London, England
18 June 2010
Hosted By: the Royal Institute of International Affairs, Chatham House
NERA Director Dr. Mark Williams spoke at the international competition policy conference hosted by Chatham House on 18 June 2010 in London.
The conference explored the relevance and the political, economic, and practical role of competition policy in the era immediately following the recent global financial upheaval, in both the developed world and in the emerging economies. An effective competition policy and antitrust regime can play a key role in restoring economic prosperity, but uncoordinated regulatory action, national champion protectionism, and ill-informed intervention are likely to place an inappropriate burden on the economy and indirectly also on consumers.
The Chatham House conference is one of the highlights of the European competition policy calendar. This year's keynote speakers included Damien Neven (Chief Economist at the European Commission), John Fingleton (Chief Executive of the UK Office of Fair Trading), Peter Freeman (Chairman of the UK Competition Commission), Bill Kovacic (US Federal Trade Commissioner), and Bruno Lasserre (President of the French Autorité de la Concurrence).
Specific topics at the conference included the role of the International Competition Network (ICN), the effectiveness of state aid measures, the relationship between market studies and behavioral antitrust enforcement, the design of different remedies, and the challenges for merger control in the international geopolitical context.
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