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Editor: D. Daniel Sokol
University of Florida
Levin College of Law

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Wednesday, September 16, 2009

Second Annual Searle Center Research Symposium on Antitrust Economics and Competition Policy

Posted by D. Daniel Sokol

Second Annual Searle Center Research Symposium on Antitrust Economics and Competition Policy
Friday, September 25th - Saturday, September 26th

The Second Annual Searle Center Research Symposium on Antitrust Economics and Competition Policy will be held, September 25th-26th, 2009.

The goal of this Research Symposium is to provide a forum where leading scholars from across the country can gather together with Northwestern's own distinguished faculty to present and discuss high quality research relevant to antitrust economics and competition policy.

The Symposium is co-sponsored by the Searle Center on Law, Regulation, and Economic Growth and the Center for the Study of Industrial Organization at Northwestern University.

Attendance at the symposium is by invitation only. To request an invitation, please send an email to [email protected].

Preliminary Agenda (as of July, 15, 2009)

Friday, September 25th

7:45-8:15 Continental Breakfast (WB 112)

8:15-8:30 Welcome and Introduction (WB 147)
David E. Van Zandt, Dean and Professor of Law, Northwestern University School of Law
Henry N. Butler, Executive Director, Searle Center, Northwestern University School of Law
William Rogerson, Northwestern University

8:30-9:30 Session One
Competition Policy and Property Rights

John Vickers, Professor of Economics and Warden, All Souls College, Oxford University
Discussant: Scott Stern, Associate Professor of Management and Strategy, Kellogg School of Management, Northwestern University

9:30-10:00 Break

10:00-11:00 Session Two
Toward a Test for Price Fixing - Social Objective, Detection, and Sanctions
Louis Kaplow, Finn M. W. Caspersen and Household International Professor of Law and Economics, Harvard Law School
Discussant:  Timothy Bresnahan, Landau Professor in Technology and the Economy, Stanford University Department of Economics

11:00-11:30 Break

11:30-12:30 Session Three
Is Antitrust Too Complicated for Generalist Judges?  The Impact of Complexity & Judicial Training on Appeals
Michael R. Baye, Bert Elwert Professor of Business, Kelley School of Business, University of Indiana
Joshua D. Wright, Assistant Professor of Law, George Mason University School of Law
Discussant: Henry N. Butler, Searle Center, Northwestern Law

12:30-2:00 Lunch
Keynote Address: The Relationship Between Antitrust and Regulation in Light of Trinko              
Howard Shelanski, Deputy Director for Antitrust, Bureau of Economics, FTC, and UC Berkeley
 
2:00-3:00 Session Four
Dynamic Merger Review
Michael Whinston, Robert E. and Emily H. King Professor of Business Institutions Department of Economics, Northwestern University
Discussant: Michael Riordan, Laurans A. and Arlene Mendelson Professor of Economics, Columbia University

3:00- 3:30 Break

3:30-4:30 Session Five
Competition Policy and Financial Distress
Ezra Friedman, Professor of Law, Northwestern University School of Law
Marco Ottaviani, Professor of Management and Strategy, Kellogg School of Management, Northwestern University
Discussant: Jonathan Baker, Professor of Law, American University's Washington College of Law

4:30- 5:00 Break

5:00-6:00 Session Six
The CC’s margin-concentration analysis in the UK Groceries Inquiry

Jerry Hausman, John and Jennie S. MacDonald Professor, MIT, Department of Economics
Discussant: Aviv Nevo, Professor of Economics and Marketing, Northwestern University, Department of Economics

6:00-7:00 Cocktail Reception (WB 440)

7:00- 9:00 Dinner (WB 540)
Keynote Address: Microeconomic Policy and Competition Policy
Joseph Farrell, Director, Bureau of Economics, FTC and UC Berkeley


Saturday, September 26th

8:00-8:30 Continental Breakfast (WB 112)

8:30-9:30 Session Seven 
The Effect of Insurance Plans on Hospital Competition
Michael Katz, Harvey Golub Professor of Business Leadership and Professor of Management, New York University Stern School of Business and UC Berkeley
Discussant: David E.M. Sappington, Lanzillotti-McKethan Eminent Scholar, University of Florida, Department of Economics

9:30-10:00 Break

10:00-11:00 Session Eight
Not Good Enough for Government Work: Geographic Market Definition and The FTC’s Case Against Chicagoland Physician Associations

Fred S. McChesney, Class of 1967 James B. Haddad Professor of Law, Northwestern University School of Law
Discussant: John Simpson, FTC

11:00-11:30 Break

11:30-12:30 Session Nine
Industry Dynamics, Sunk Costs, and Spatial Demand Shifts
Thomas Hubbard, John L. and Helen Kellogg Professor of Management and Strategy, Kellogg School of Management, Northwestern University
Discussant: Steven T. Berry, James Burrows Moffatt Professor of Economics, Yale Department of Economics

12:30 Adjourn (Box Lunch Available)

Location
Northwestern University School of Law
Wieboldt Hall
340 E. Superior Street
Chicago, IL 60611

Contact
For more information regarding this conference or other initiatives of the Searle Center, please call (312) 503-1811 or send an email to [email protected] .

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