On 9 October, Senior Managing Director Grant Saggers will give a lecture titled “Market Definition and Market Power” as part of the Competition Policy for Economists 2025 course offered by the Centre for Competition Policy. The session will explore:

• What market power is and why we care about it;  

• The theory and practice of market definition;  

• Pros, cons, and difficult issues surrounding market definition;  

• The role of market shares and concentration; and  

• Barriers to entry and expansion and buyer power.

The course is aimed at those who are relatively new to competition policy. Delivered by experienced practitioners, students are given an in-depth introduction to the economic analysis involved in competition law and how it fits into the legal framework.