Friday, April 20, 2018
CCP 14th Annual Conference 2018 Competition Policy & Industrial Policy: Is there a need for a new balance? 7-8 June 2018
CCP 14th Annual Conference 2018
Competition Policy & Industrial Policy: Is there a need for a new balance?
7-8 June 2018
The Enterprise Centre, University of East Anglia, Norwich NR4 7TJ
Keynote speaker Gert Jan Koopman, European Commission
Lord Andrew Adonis, House of Lords; Kate Collyer & Tony Curzon-Price, Department of Business, Energy and Industrial Strategy; Eugenio Miravete, University of Texas at Austin; School of Economics & Centre for Competition Policy, UEA; Justus Haucap, DICE, Heinrich-Heine-Universitaet Duesseldorf; Sabine Jacques, UEA Law School & Centre for Competition Policy; Ralf Martin, Imperial College London; Karen Mc Cullagh, UEA Law School; Carlo Scarpa, University of Brescia; Howard Shelanski, Georgetown University; Tuomas Takalo, Bank of Finland;
For many years there has been a wide consensus that competition policy should not be used as an instrument to achieve industrial policy goals. In fact, state aid policy was primarily seen as a competition policy instrument to assure that industrial policy intervention did not distort competition in markets, and thus focused on market failures.
This consensus has been increasingly challenged since the financial crisis. It has been criticized that merger policy has not allowed the emergence of national or European champions. In antitrust policy, part of the benefit of intervening against the large US-based internet companies is sometimes seen as protecting the future interests of European industries. The restrictions arising from state aid policy are increasingly seen as obstacles to nurturing industry and protecting jobs instead of creating an industry dynamic that fosters growth.
- Is competition policy too focused on prices instead of broader economic and social outcomes?
- Does the focus on competitive markets impede the competitiveness of UK and European industries?
- Is the strong position of US Internet companies creating bottlenecks that bias the playing fields of the future industrial landscape?
To help delve deeper into these issues, this conference will explore and debate a broad range of topics concerning the tensions between competition policy practice and new goals for industrial policy. It will bring together insights from legal, political science and economic perspectives on how to rebalance policy goals and how to design the competition regime of the future in light of these challenges.