Past event

Conference

Competition Policy 2009

Competition Policy after the Credit Crunch

Chatham House, London

This international conference will examine the development of competition law in response to the global financial crisis and its role in restoring economic stability. 


Will Coherent Competition Policies Survive the Credit Crunch?


Competition law has been relaxed recently in response to the urgent economic crisis, but an efficient competition regime remains a critical requirement for the restoration and maintenance of future economic stability.

Issues to be addressed include:

  • Has the need for a vigorous competition policy been undermined by the crisis or is it an essential tool to recovery from the recession?
  • How should competition policy be developed to turn it into an effective tool to help regain stability and facilitate recovery?
  • Balancing the need to enhance competitiveness against the danger of creating systemic risk in the financial sector: will the regulators get it right?
  • Will national champions rise to prominence?
  • How will regulators deal with anti-competitive behaviour during hard times?

This conference will be held under the Chatham House Rule. Information for journalists >>

Press can request a press pass using the form below.

Friday 26 June 2009
09.30 - 17.30

Opening Keynote Session
Priorities and Policies for Competition Law

Chair Peter Sutherland
Chairman, Goldman Sachs International and BP plc
Former Irish Attorney General, EU Commissioner and Director General, GATT/WTO

09.30 Opening Remarks from the Chair

09.40 Opening Address
The Rt Hon Lord Mandelson (on the record)
First Secretary of State, Secretary of State for Business, Innovation and Skills
and Lord President of the Council

10.05 Can the EU help to pave the way for a more prosperous future?
Neelie Kroes (on the record)
Member of the European Commission

10.30 The view from a UK competition authority
Peter Freeman (on the record)
Chairman, UK Competition Commission

10.55 The way ahead for US policy: how adroit is the new regime?
William E Kovacic (on the record)
Commissioner, US Federal Trade Commission

11.20 Refreshments

Session One
The 'Liberalization' of the State Aid Regime

  • Has the need for a vigorous competition policy been undermined by the crisis or is it an essential tool for recovery from the recession?
  • How should competition policy be developed to turn it into an effective tool to help regain stability and to facilitate recovery?
  • What does the future hold for national competition policies in both developed and emerging markets?
  • Balancing the need to enhance competitiveness against the danger of creating systemic risk in the financial sector: will the regulators get it right?
  • What further changes are needed and what is the likelihood of diverging national regimes as a result?
  • When can national policy and state intervention justify overriding competition concerns?
  • How far can a state aid regime contribute to protecting the Single Market and the level playing field required by the Lisbon Treaty while maintaining the competitiveness of European industry?

11.50 Moderated Panel Discussion

Moderator Debra Valentine
Group Executive, Legal and External Affairs
Rio Tinto

Panellists

Nicholas Forwood
Judge
European Court of First Instance, Luxembourg

David Evans
Head, Global Antitrust Policy Practice, LECG and Executive Director, Jevons Institute for Competition Law and Economics University College London

Peter Morrison
Senior Legal Counsellor, Trade in Services Division
World Trade Organization

Andreas Klasen
Director ExInFinance
PricewaterhouseCoopers AG WPG

13.00 Lunch

Session Two
Competition Enforcement

Chair Thomas Hoehn
Economics Partner, PricewaterhouseCoopers and Visiting Professor, Tanaka Business School, Imperial College, London

14.00
Building legitimacy for competition enforcement
Ali Nikpay
Senior Director,
Office of Fair Trading

14.15

Moderated Panel Discussion: The heightened role of merger control

  • Merger control: how far will governments need to diverge from their usual merger control rules?
  • How will the failing firm company defence be applied?
  • Dominant firms: is Article 82 (and equivalent national rules) sufficiently well developed to deal with the new merged entities, especially those with a government shareholder?
  • Anticompetitive behaviour during tough times: will Article 81 (and its national antitrust law counterparts) be up to dealing effectively with infringements?
  • Will 'national champions' rise to prominence?
  • Is an EU market investigation power needed?

Moderator Thomas Hoehn

Panellists

Guillaume Loriot
Head of Unit, Antitrust and Merger Case Support, DG Competition, European Commission

Oliver Bretz
Partner, Clifford Chance LLP

Sam Small
Managing Director, Mergers and Acquisitions
Citigroup

Maria da Cunha
General Counsel
British Airways plc

Ali Nikpay

15.30 Refreshments

16.20

Antitrust: Dealing with anti-competitive behaviour during hard times

Moderator William Blumenthal
Partner, Clifford Chance LLP

Panellists

Anne Perrot
Vice-Chair
Conseil de la Concurrence, France

Kathryn Fenton
Partner
Jones Day

Alexandra Kamerling
Partner,
DLA Piper, London and Brussels

17.15 End of conference and drinks reception hosted by Chatham House

© The Royal Institute of International Affairs 2009

This conference will offer a unique opportunity to network with senior officials from businesses, government and academic institutions.

Our previous conference Competition 2008 saw delegates from the following companies and institutions:

Addleshaw Goddard
Aviva Plc
Barclays Bank PLC
Berwin Leighton Paisner
British American Tobacco plc
City of London
Clifford Chance LLP
Cohen Milstein Hausfeld & Toll LLP
Competition Commission
Competition Commission of Pakistan
Croatian Competition Agency
De Beers Group
Deloitte & Touch LLP
Department for Business, Enterprise & Regulatory Reform (BERR)
DLA Piper UK LLP
Embassy of Finland
Embassy of the Republic of Serbia
Embassy of the United States of America
Energy Watch
Finsbury
Gas Infrastructure Europe (GIE)
HM Treasury
Hong Kong Polytechnic University
HSBC Bank Plc
Hungarian Competition Authority
Hutchison 3G UK Limited
Hutchison Whampoa Europe
KPMG
London Stock Exchange
Macfarlanes
Merck & Co, Inc
Merck Sharp & Dohme (MSD) Europe
Netherlands Competition Authority (NMa)
Norton Rose
Office of Communications (Ofcom)
Peters & Peters
Pinsent Masons LLP
PricewaterhouseCoopers LLP
Reuters
Rio Tinto plc
Shell International Limited
Simmons & Simmons
Stewart White Consulting
Sullivan & Cromwell LLP
Thales UK
The Competition Authority Ireland
Unilever
University of Cambridge
University of International Business & Economics
White & Case