This course pursues two content goals. First, to get students acquainted with the history, objectives, institutional set-up, and practice of (European) competition policy. Second, to equip students with some of the specific economic theories and tools needed to analyze competition policy cases.A key intermediate objective is for students to obtain hands-on experience with real competition policy cases.At the end of the course, students should be able to analyze a real or fictitious competition policy case, identify (potential) competition problems, and recommend an appropriate course of action based on economic evidence and the general structure of competition law, the way a case handler at a competition or regulatory authority would if asked to review the case|
- Language of instruction: English
- We will use Python and/or R for data analysis
- Type of instruction: interactive lectures
- Credits: 6 ECTS
- Course website: Blackboard
The course starts with 13 lectures about the background and set-up of competition policy and regulation. In the remaining sessions, students will have to prepare and present cases. Two cases will include data analysis with R and/or Python.
it covers a number of specific topics: for each of them, in addition to some general knowledge, an academic paper and a competition case are discussed in some detail. Topics include: standard cartels, bid rigging, cross-holdings, horizontal mergers, vertical mergers, exclusivity contracts, predatory pricing, regulation theory and benchmarking. Some of the lectures will be given by practioners from competition and regulatory agencies.
Especially in the second part of the course, active student participation is required. For each case that is discussed, one student presents the arguments (and if possible, the underlying economic theory) of the parties, while another takes a similar role for the authority, with the remaining students taking the role of a critical, examining court, that delivers the final verdict.
A detailed syllabus is available on blackboard.
Type of instructions
2 interactive lectures every week plus some tutorials
Type of exams
Case presentation (40%), final examination (60%)
- Massimo Motta, Competition Policy; Theory and Practice, Cambridge University Press, 2004. Chapters 1-7 including starred sections. Motta is the basic text but will also be complemented with additional, more advanced material.
- Additional readings will be taken from a variety of academic journals or books available.