Tuesday, April 23, 2013
Posted by D. Daniel Sokol
UK State Aid Law Association invites you to: Economics in state aid – essential or nice-to-have? Wednesday 8 May 2013
Speakers – Vincent Verouden, CET, DG Comp; James Kavanagh, Oxera; and Carsten Grave, Linklaters
Chair – Luis Correia da Silva, Oxera
Registration and drinks: 6.00 pm
Start: 6.30 pm
Finish and drinks: 7.30 pm
"Most of the analysis in the practice of European state aid control is not firmly rooted in economic principles"
(The Handbook of Antitrust Economics, 2007).
At a time when state aid control is on the threshold of 'modernisation', this UK SALA seminar will explore the present and future role of economics in state aid. Why has economics in state aid been so far behind mergers and antitrust? What problems has this caused? Does economics have a growing role in state aid assessment, and what practical implications does this have for cases today and looking forward?
Eminent speakers from the Chief Economist Team and private practice will give their views, followed by an open discussion with the audience.
In this session we will examine:
Modernisation expand the role of economics? (Vincent Verouden)
What economic evidence is being submitted in state cases? How can state aid move in the direction of mergers/antitrust in terms of economic rigour? (James Kavanagh)
Is economics a “one trick pony” in state aid cases, only used for determining the existence of aid? Or is there more room for an effects-based approach? (Carsten Grave)
UKSALA is a new association of lawyers, academics, students, economists and others with an interest in State aid law. Its President is Judge Christopher Vajda, judge of the Court of Justice of the EU.
UKSALA promotes education and knowledge in State aid law, by organising speaker events, preparing papers on State aid topics, engaging with UK and EU institutions responsible for State aid issues as well as maintaining a website with materials useful to State aid practitioners. For details, and free membership, please visit www.uksala.org.
Please RSVP to the following email address: