American Competitiveness & the State Owned Enterprise Challenge

Posted by D. Daniel Sokol

I will be presenting in DC for a conference hosted by the US Chamber of Commerce on July 7.  It is on a topic of growing importance - state owned enterprises.  My talks will build off of my forthcoming article "Competition Policy and Corporate Governance of State Owned Enterprises" that will appear in the BYU Law Review.

American Competitiveness & the State Owned Enterprise Challenge Tuesday, July 07, 2009 8:30 am - 12:00 pm (Eastern Time) U.S. Chamber of Commerce 1615 H Street NW Washington, DC 20062 Map and Directions Keynote Remarks:           Ambassador Demetrios Marantis   Deputy U.S. Trade Representative                                            Panelists:    Jennifer Harris, National Intelligence Council  Dr. Paula Stern, The Stern Group, former ITC Chairwoman William Blumenthal, Partner, Clifford Chance     Shanker Singham, Partner, Squire Sanders                   D. Daniel Sokol, Professor, University of Florida, Levin College of Law Hans Christiansen, OECD Senior Economist, Secretary of the OECD Working Group on Privitisation and Corporate Governance of State-Owned Enterprises Program 8:30AM       Registration and Continental Breakfast 9:00 AM      Keynote Address, Ambassador Demetrios Marantis, Deputy USTR 9:30 AM      Panel One:  The SOE Challenge & America’s Competitiveness In its 2008 report Global Trends 2025: A Transformed World, the National Intelligence Council identified the growing role of the state in economies around the world as a chief national and economic security concern.  This panel will explore the challenges to America’s national economic competitiveness from the rise of state-led development models around the world, including in the United States, that focus on the use of industrial policy and state interference to discriminate against foreign competitors and advantage domestic enterprises, whether state owned or “state influenced".  Panelists will provide an overview of the policies that governments are employing to tilt the playing field in favor of domestic competitors, and will weigh American’s offensive and defensive interests in addressing state-initiated distortions to free market competition around the world. Panel Discussants:                                     Jennifer Harris, National Intelligence Council                                    Shanker Singham, Partner, Squire Sanders                                            Hans Christiansen, OECD Senior Economist    10:45 AM    BREAK 11:00 AM    Panel Two:  Policy Solutions to the SOE Challenge This panel will explore potential policy solutions to the SOE challenges and related market distortions discussed in the previous panel.  It will also address the increasing convergence of trade, investment, and competition/antitrust policies in the global economic and commercial arena.  Discussion will center on the policy tools that are currently available to U.S. trade and investment negotiators to address state-centric development models, the appropriate role of antitrust authorities, and new policy tools that may be needed in order to address challenges going forward.  Speakers will further provide their assessment of the current approach and readiness of U.S. government agencies—the Department of Justice, the Department of Commerce, the USTR, and the Federal Trade Commission—to tackle these growing challenges in a coordinated fashion and the costs to America’s competitiveness if they do not. Panel Discussants:                                  Dr. Paula Stern, The Stern Group, former ITC Chairwoman                                  William Blumenthal, Partner, Clifford Chance                                      D. Daniel Sokol, Professor, University of Florida, Levin                                                              College of Law

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