Levin College of Law

Competition Policy Initiative


Affiliated Faculty

Heath Endowed Antitrust Lecture

  • 2016 Louis Kaplow (Harvard Law)
  • 2015 Harry First (NYU Law)
  • 2014 Dennis Carlton (University of Chicago Booth School of Business)
  • 2013 Howard Shelanski (Georgetown Law)
  • 2012 Joseph Harrington (Wharton)
  • 2011 William Kovacic (George Washington Law)
  • 2010 Herbert Hovenkamp (Iowa Law)

Photo, from left to right: William Page (UF Law), 2016 Heath Lecturer Louis Kaplow (Harvard Law), Kai-Uwe Kuhn (University of Michigan, Economics), Roger Blair (UF Economics), Abe Wickelgren (University of Texas Law), David Sappington (UF Economics), Robert Lanzillotti (UF Warrington College of Business, emeritus), Daniel Sokol (UF Law)

Photo from 2016 Heath Lecture

UF/GCR Live Miami Antitrust Leaders Conference


2016 Conference

gcr-2016

From left to right: Debbie Feinstein, Director of the Bureau of Competition of the Federal Trade Commission; David Gelfand, Deputy Assistant Attorney General for Litigation for the Department of Justice Antitrust Division; Carl Shapiro, Transamerica Professor of Business Strategy in the Haas School of Business at the University of California at Berkeley.

Thursday, 4 February

8:00pm: Welcome Reception – Sponsored by Blake, Cassels & Graydon LLP

Friday, 5 February

7:30am – 8:30am: Registration / Light Breakfast

8:30am – 9:15am: Chairpersons’ opening remarks

Jason Gudofsky, Blake, Cassels & Graydon LLP (Toronto)
Margaret Sanderson, Charles River Associates (Toronto)

Keynote address

Introduction: Daniel Sokol, Professor of Law, Levin College of Law, University of Florida (Gainesville)
Keynote speaker: Renata Hesse, Deputy Assistant Attorney General for Criminal and Civil Operations, US Department of Justice (Washington)

9:15am – 10:45am: Plenary: Five years with the US Merger Guidelines

Moderator:
Steven Salop, Professor of Economics and Law, Georgetown University (Washington)

Speakers:
David Gelfand, Deputy Assistant Attorney General for Litigation, US Department of Justice (Washington)
Deborah Feinstein, Director, Bureau of Competition, US Federal Trade Commission (Washington)
Carl Shapiro, Transamerica Professor of Business Strategy, Haas School of Business, University of California, Berkeley (Berkeley)

10:45am – 11:00am: Coffee break

Concurrent sessions:

11:00am – 12:30pm: Mergers: Mergers in local markets

From Dollar Tree/Family Dollar to Holcim/Lafarge to Poundland/99p, transactions affecting local geographic markets have been front page news on both sides of the Atlantic in recent years. This panel will look beyond the headlines to discuss how leading agencies have assessed competitive effects in both the retail and B2B spaces. The panelists will weigh in on whether geographic market definition is necessary in such cases, and how antitrust agencies examine system-wide effects on innovation, economies of scope and network effects in local market cases. They will also debate the best strategies for formulating remedies where the alleged anticompetitive effects are local and system-wide.

Moderator:
Bilal Sayyed, Kirkland & Ellis LLP (Washington)

Speakers:
Anna Lyle-Smythe, Slaughter and May (Brussels)
Deborah Feinstein, Director, Bureau of Competition, US Federal Trade Commission (Washington)
Matthew Bennett, Charles River Associates (London)
Brian Byrne, Cleary Gottlieb Steen & Hamilton LLP (Washington)

11:00am – 12:30pm: Antitrust: An emerging consensus in the FRAND wars

Is a consensus beginning to emerge in the FRAND wars in respect of injunctive relief, arbitration to set royalty rates, and the treatment of patent assertion entities? Or do we continue to have significant disagreements about the role of antitrust in respect of intellectual property rights? Are the antitrust agencies capable of individually regulating competition in respect of standard essential patents? How effective would the agencies be if they were to take the lead on this issue?

Moderator:
Sven Völcker, Latham & Watkins LLP (Brussels)

Speakers:
Wolrad Prinz zu Waldeck und Pyrmont, Freshfields Bruckhaus Deringer LLP (Düsseldorf)
Logan Breed, Hogan Lovells LLP (Washington)
Joshua Wright, Professor of Law, George Mason University (Arlington)
Mathew Heim, Vice President and Counsel, Qualcomm (London)
Thomas Kramler, Digital Single Market, European Commission (Brussels)

12:30pm – 2:00pm: Networking lunch

Lunchtime keynote address:
Introduction: Christine Varney, Cravath, Swaine & Moore LLP (New York)
Keynote speaker: Terrell McSweeny, Commissioner, US Federal Trade Commission (Washington)

Concurrent sessions:

2:00pm – 3:30pm: Mergers: Litigation strategies for mergers

When faced with a merger challenge, how hard should the parties push to get the deal through? What are the best merger litigation strategies to pursue? Do these differ by industry or jurisdiction? What factors should be considered in developing a litigation strategy for mergers? How different are the economic analyses in litigation compared to agency review?

Moderator:
Lee Van Voorhis, Baker & McKenzie LLP (Washington)

Speakers:
Richard Cunningham, Gibson, Dunn & Crutcher LLP (Denver)
Sharis Pozen, Vice President, Global Competition and Antitrust, General Electric Company (Washington)
Stephen Weissman, Baker Botts (Washington)
Kevin Murphy, The George J. Stigler Distinguished Service Professor in Economics, Booth School of Business and the Law School, University of Chicago (Chicago)

2:00pm – 3:30pm: Antitrust: Emerging issues in online economies

Online economies have created a range of new businesses and business dynamics, which raise issues in respect of online peer-to-peer business platforms, the assembly and control of big data, cooperation among firms for the purpose of online data security, and the sharing economy. How should antitrust apply to these new businesses and business dynamics?

Moderator:
George Paul, White & Case LLP (Washington)

Speakers:
Adrien Giraud, Willkie Farr & Gallagher LLP (Paris)
Chul Pak, Wilson Sonsini Goodrich & Rosati (New York)
Hal Varian, Chief Economist, Google Inc. (San Francisco)
Youngjin Jung, Kim & Chang (Seoul)

3:30pm – 3:45pm: Coffee break

Concurrent sessions:

3:45pm – 5:15pm: Mergers: Who, What, Where, When, Why and How: A practical view on guiding a transaction through the remedy process

When a complex merger is proposed complicated issues proliferate quickly for internal and external counsel alike. This panel will review the “5Ws and 1H” that counsel should consider with respect to merger remedies at the beginning, middle, and end of a transaction. If a remedy is likely to be required, when is the best time to consider a package? Where should a remedy be offered? How and why should negotiations begin – should companies wait for the agency to request a remedy or prospectively seek a buyer and attempt to “fix it first”? What are the enforcing agencies’ expectations – are agencies more likely to require complex relief or relatively straightforward remedies? Who is an appropriate divestiture buyer and what factors should be considered?

Moderator:
Craig Waldman, Jones Day (San Francisco)

Speakers:
Jon Dubrow, McDermott Will & Emery LLP (Washington)
David Gelfand, Deputy Assistant Attorney General for Litigation, US Department of Justice (Washington)
Julie Soloway, Blake, Cassels & Graydon LLP (Toronto)
Juhani Kostka, Head of Competition Law, LafargeHolcim (Zürich)

3:45pm – 5:15pm: Antitrust: Global antitrust litigation – A brave new world

Private antitrust litigation is continuing to develop apace, with the European (public-focused) and US (private-focused) models increasingly converging. Legislative developments are changing legal frameworks to facilitate private class and damage claims, while recent court decisions have clarified some areas of uncertainty. Increasing exposure to antitrust litigation risk globally continues to be important to in-house and external counsel. What are the best litigation and economic strategies to pursue given these developments worldwide?

Moderator:
Karen Hoffman Lent, Skadden, Arps, Slate, Meagher & Flom LLP (New York)

Speakers:
Wolfgang Deselaers, Linklaters LLP (Brussels)
Michelle Burtis, Charles River Associates (Washington)
Brian Ratner, Hausfeld (Washington)
Amadeu Ribeiro, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados (New York)

5:15pm: Conclusion of day one

7:15pm onwards: Delegates are invited to attend an all-conference dinner at The Forge sponsored by Charles River Associates

Saturday, 6 February

7:30am – 8:30am: Registration / Light Breakfast

8:30am – 10:30am: Plenary: Different strokes for different folks: Regulating distribution practices in the US and EU

Enforcement of distributional practices – for resale price maintenance, territorial restrictions, most-favored nations clauses and other practices – has been disparate as between different jurisdictions. In the United States, there has been little enforcement of distributional practices in the past eight years, whereas European jurisdictions have focused heavily on these types of practices. What are the reasons for this divergence? Is there any possibility of future harmonization? What is the right economic approach to take? Are the different agencies using different economic frameworks when assessing distribution practices?

Moderator:
Robert Atkins, Paul, Weiss, Rifkind, Wharton & Garrison LLP (New York)

Speakers:
Moritz Holm-Hadulla, Gleiss Lutz (Stuttgart)
Eliana Garcés Tolón, DG Internal Market, Industry, Entrepreneurship and SMEs, European Commission (Brussels)
Susan Hinchliffe, Arnold & Porter LLP (London)
Francine Lafontaine, Senior Associate Dean, Faculty and Research and William Davidson Professor, Business Economics and Public Policy, Ross School of Business, University of Michigan and Former Director, Bureau of Economics, US Federal Trade Commission (Ann Arbor) 
Gregg Vicinanza, Chief Counsel, Corporate, BD (New Jersey)

10:30am – 10:45am: Coffee break

Concurrent sessions:

10:45am – 12:15pm: Mergers: Mergers in the communications sector – Experiences from the US and Europe

Are the US and European agencies taking different approaches to merger review in telecommunications and media transactions? Is it realistic to forecast (or prescribe) the conditions for entry in these capital intensive and fast evolving industries? Are rivals with different business models capable of preserving the extent of rivalry that would prevail if two incumbents merge? How should remedies be designed for mergers in the communications and media sectors?

Moderator:
Edurne Navarro, Uría Menéndez Abogados (Brussels)

Speakers:
Antonio Bavasso, Allen & Overy LLP (London)
Shawn Johnson, Crowell & Moring LLP (Washington)
Nick Woodrow, Head of Competition Law, Vodafone Group Services (Reading)
Jeffrey Prisbrey, Charles River Associates (Washington)

10:45am – 12:15pm: Antitrust: Compliance mission impossible

Do robust and effective compliance programs offer any protection to companies by way of leniency or fine reduction in cartel cases? Without such benefits, are companies being held strictly liable for cartel violations? Should enforcement agencies provide such credit to incentivize companies to adopt robust compliance programs? The panel will address these and other policy questions, as well as practical issues such as avenues for using a company’s compliance efforts when dealing with an antitrust enforcement agency, and how to incentivize companies and its employees to adopt and adhere to compliance programs.

Moderator:
Edward Schwartz, Steptoe & Johnson (Washington)

Speakers:
Miguel Del Pino, Marval O’Farrell & Mairal (Buenos Aires)
Shuli Rodal, Osler, Hoskin & Harcourt LLP (Toronto)
Beau Buffier, Shearman & Sterling LLP (New York)
Laurent Godfroid, Gide Loyrette Nouel (Brussels)
Carolyn Brue, Assistant General Counsel & Assistant Vice President, Ethics & Compliance Law, Cargill Inc. (Minneapolis)

12:15pm – 1:15pm: Chairpersons’ concluding remarks and lunch

Jason Gudofsky, Blake, Cassels & Graydon LLP (Toronto)
Margaret Sanderson, Charles River Associates (Toronto)

1:15pm: Close of conference


2015 Conference

Photo of Sokol at 2015 GCR

Sokol at the GCR Live Miami 2016 conference.

Thursday, 5th February

8:00pm: Welcome Reception – Sponsored by Blake, Cassels & Graydon LLP

Friday, 6th February

7:30am – 8:30am:

Registration/ Light Breakfast

8:30am – 9:30am: (Plenary)

Chairpersons’ Opening Remarks

  • Jason Gudofsky, Blake, Cassels & Graydon LLP (Toronto)
  • Margaret Sanderson, Charles River Associates (Toronto)

Keynote Address

Introduction: William Kolasky, Hughes Hubbard & Reed LLP (Washington)

Keynote speaker: William Baer, Assistant Attorney General, Antitrust Division, US Department of Justice (Washington)

9:30am – 10:45am: (Plenary)

Roundtable with Agency Heads of Economics

Moderator:

  • Margaret Sanderson, Charles River Associates (Toronto)

Speakers:

  • Tim Brennan, Chief Economist, US Federal Communications Commission 2014 (Washington)
  • Giulio Federico, Merger Coordinator, Chief Economist Team, DG Competition, European Commission (Brussels)
  • Mike Walker, Chief Economic Advisor, Competition and Markets Authority (London)
  • Nancy Rose, Deputy Assistant Attorney General for Economic Analysis, US Department of Justice (Washington)
  • Francine Lafontaine, Director, Bureau of Economics, US Federal Trade Commission (Washington)

10:45am – 11:00am:

Coffee Break

11:00am – 12:45pm: (Concurrent sessions)

Merger: Evidence in Merger Reviews – Handling Customer Views

This panel will discuss the relative and potentially changing importance of customer feedback and economic evidence to agencies conducting merger reviews in light of the court’s discounting of the views of customers in BazaarVoice.

  • Is it still an effective use of agency time to solicit the views of large numbers of customers, and if so, why?
  • What is the value and what are the limitations of commissioning a customer survey, and how should surveys be best used by merging parties?
  • How should agencies interpret economic evidence that is at odds with feedback from customers and other market participants?
  • Are theories of harm about the exercise of bargaining power – whether resulting in exclusion of upstream suppliers or horizontal competitors e.g., water-bedding – economically provable in the merger context?
  • If customer opinion is not capable of being determinative of a merger’s legality in some instances, does this diminish the probative value of customer opinion in other circumstances?

Moderator:

  • Olivier Antoine, Crowell & Moring LLP (New York)

Speakers:

  • Jordan Ellison, Slaughter and May (Brussels)
  • Scott Sher, Wilson Sonsini Goodrich & Rosati (Washington)
  • David Wales, Jones Day (Washington)
  • Carl Shapiro, University of California at Berkeley (Berkeley)

or

Antitrust: Sharing Technology and Facilitating Competitor Success as a Remedy in Innovation Markets

This panel will discuss the obligation to share technology with competitors and facilitate the success of competitors as a remedy in certain innovation markets, and the effectiveness of such remedies in restoring competitive market dynamics.

  • Is there good evidence of a causal relationship between a lack of sharing and the achievement of dominance or exclusion in certain industries? If not, why is sharing a potentially appropriate remedy?
  • In what circumstances is sharing with or facilitating a competitor likely to overcome tying and other exclusionary practices? In what circumstances is it likely to overcome entrenched business models that customers are accustomed to?
  • What are the economic circumstances in which mandated sharing or facilitation is most likely to succeed? Is sharing an appropriate remedy in regulated industries (when other regulators are capable of ordering sharing)?
  • Does the imposition of “net neutrality” regulations constitute a facilitation?
  • Is “Big Data” an industry where sharing should be required, given the high barriers to entry (both for data accumulation and server capacity)?
  • If sharing and facilitation is an effective and appropriate remedy, particularly in industries given to innovation, what does it mean if Aspen Ski is considered to be at the outer edge of monopolization/ abuse of dominance?

Moderator:

  • Ilene Knable Gotts, Wachtell, Lipton, Rosen & Katz (New York)

Speakers:

  • Sean Durkin, Charles River Associates (Chicago)
  • Timothy Cornell, Clifford Chance LLP (Washington)
  • Dina Kallay, Director, Intellectual Property and Competition, Ericsson, Inc. (Washington)
  • James Keyte, Skadden, Arps, Slate, Meagher & Flom LLP (New York)
  • Nikhil Shanbhag, Director, Competition, Google Inc. (California)

12:45pm – 1:45pm:

Lunch

2:00pm – 3:45pm: (Concurrent sessions)

Merger: Merger Review in Rapidly Evolving Industries

This panel will discuss how agencies should approach the task of merger review when industries go through rapid consolidation and successive transactions, including a discussion of how innovation competition and portfolio effects can be reliably assessed in such circumstances.

  • Industry consolidation, especially in the technology sector, may be driven by product evolution or technology convergence. How should agencies address relevant product market definition in such cases?
  • Is rapid industry consolidation an appropriate time to apply theories of competitive harm that are more difficult to apply from an evidentiary perspective, including portfolio effects and innovation effects?
  • Where consolidation occurs rapidly (e.g., SeaGate/Samsung and Western Digital/Hitachi) how should agencies assess the likelihood of future coordinated effects? Will these circumstances bring about the first “tipping point” case?

Moderator:

  • Susanne Zuehlke, Latham & Watkins LLP (Brussels)

Speakers:

  • Deborah Feinstein, Director, Bureau of Competition, US Federal Trade Commission (Washington)
  • Antonio Bavasso, Allen & Overy LLP (London)
  • Ronan Harty, Davis Polk & Wardwell LLP (New York)
  • Aviv Nevo, Northwestern University (Evanston)
  • Scott Darling, Vice President, General Counsel, Trulia, Inc. (San Francisco)

or

Antitrust: Creating Transparency in Markets: Coordination and Information Exchange

This panel will discuss the recent antitrust scrutiny of coordination and information exchange practices used by market participants to create price discovery mechanisms and enhance price transparency as well as agency responses to information exchange and hub-and-spoke coordination.

  • Industries that do not operate in open markets have little price transparency. How can this information gap be remedied in a pro-competitive manner? Is a lack of transparency necessarily a bad thing?
  • In what cases can information exchanges be pro-competitive (e.g. Rx 360, Tristate Health Partners)? How can economic tools be used to make this determination?
  • What steps have European regulators taken recently to reduce the risk of horizontal coordination and hub-and-spoke coordination in particular (e.g. Tesco, Post Danmark)? How have these efforts affected particular sectors, especially the food and textile sectors?
  • What benefit do these antitrust cases have for consumers (e.g. Libor, Gold Investigation)? What are the economic benefits?
  • How has the US approach to coordination and information exchange to enhance price transparency differed from the European approach?

Co-Moderators:

  • Katrin Gaßner, Freshfields Bruckhaus Deringer LLP (Düsseldorf)
  • Kyriakos Fountoukakos, Herbert Smith Freehills LLP (Brussels)

Speakers:

  • Matthew Reilly, Simpson Thacher & Bartlett LLP (Washington)
  • Matthew Bennett, Charles River Associates (London)
  • James Mutchnik, Kirkland & Ellis LLP (Chicago)
  • Cecilio Madero Villarejo, Deputy Director-General for Antitrust, DG Competition, European Commission (Brussels)

3:45pm – 4:00pm:

Coffee Break

4:00pm – 5:30pm: (Concurrent sessions)

Merger: Clean Up in Aisle 3 – New Approaches to Merger Review in the Retail Sector

This panel will discuss competition and consolidation in the retail sector and how the rise of online sales platforms and other disruptive technologies have influenced the development of merger analysis.

  • In a world with Amazon, are mergers in the retail sector (outside of groceries) ever likely to be anti-competitive again?
  • How are agencies approaching the effects of retail mergers on upstream suppliers? How can economics be used to further our understanding of these effects?
  • How should merger analysis (both as presented by the parties and as performed by the agencies) reflect the rapid (and continuing) evolution of distribution structures?
  • How do antitrust agencies approach the general problem of disruptive new entrant retailers when performing merger review?

Moderator:

  • Rebecca Farrington, White & Case LLP (Washington)

Speakers:

  • George Cary, Cleary Gottlieb Steen & Hamilton LLP (Washington)
  • James Fishkin, Dechert LLP (Washington)
  • Paul Collins, Stikeman Elliott LLP (Toronto)
  • Michael Salinger, Charles River Associates (Boston)
  • Mike Walker, Chief Economic Advisor, Competition and Markets Authority (London)

or

Antitrust: “Sir, please step out of line” – Extraterritoriality and Extradition in the Antitrust Context

This panel will discuss the implications for clients of the US DOJ demonstrating its ability to extradite a foreign national for participation in a cartel and explore the limits of extraterritoriality in cartel enforcement today as well as the incentives of those subject to extradition.

  • Is the risk of extradition to the United States more significant than previously?  Is this a general risk, or specific to the country in which individuals reside?
  • What influences the incentives of individuals who are potentially subject to extradition?
  • Do antitrust laws properly capture the risk profiles of individuals who engage in cartel behaviour that could potentially subject them to extradition?
  • What is an appropriate threshold for “dual criminality” under antitrust law?
  • In trans-national cartels, in which jurisdiction should individuals plead guilty, and where should they serve their sentences?
  • How can corporate counsel best handle potential extradition proceedings against one of its employees? Should those employees be carved out of plea agreements? Should they be advised to retain separate counsel? Should they enter cooperation agreements?
  • What are the limits on extraterritoriality in US law and what are the implications for individuals and companies likely to arise out of Motorola Mobility LLC v. AU Optronics Corp.?

Moderator:

  • Peter Niggemann, Freshfields Bruckhaus Deringer LLP (Düsseldorf)

Speakers:

  • José Carlos da Matta Berardo, Barbosa, Müssnich & Aragão Advogados (São Paulo)
  • Kenneth O’Rourke, O’Melveny & Myers LLP (Los Angeles)
  • Kathryn Hellings, Hogan Lovells US LLP (Washington)
  • Yusuke Nakano, Anderson Mori & Tomotsune (Tokyo)
  • Matthew Boswell, Senior Deputy Commissioner of Competition, Criminal Matters, Competition Bureau (Ottawa)

7:30pm: Conference Dinner – Sponsored by Charles River Associates

Saturday, 7th February

8:15am – 8.45am:

Welcome Coffee

8:45am – 10:30am: (Plenary)

A Retrospective on the Term of Commissioner Joaquín Almunia, and a Look Ahead

GCR Miami 2015 will be one of the first opportunities to reflect on the accomplishments of Joaquín Almunia’s term as EU Commissioner of Competition, and to look ahead at the challenges facing the new Commission.

  • What are the key accomplishments of the European Commission under Joaquín Almunia?
  • In what areas has the European Commission under Joaquín Almunia failed to advance enforcement? How should the next Commissioner address enforcement?
  • How do these accomplishments and failures match against those of US agencies during the same time period? What are the lessons that other agencies can take from Joaquín Almunia’s term?
  • What ought to be the priorities of the next Commissioner? How do these proposed priorities compare to trends in other jurisdictions?

Moderator:

  • Paula Riedel, Linklaters LLP (London)

Speakers:

  • Rachel Brandenburger, Senior Advisor to Hogan Lovells US LLP (New York)
  • William Blumenthal, Sidley Austin LLP (Washington)
  • Frédéric Jenny, Chairman, OECD Competition Law and Policy Committee (Cergy-Pontoise)
  • Kai-Uwe Kühn, University of Michigan (Michigan)

10:30am – 10:45am:

Coffee Break

10:45am – 12:15pm: (Concurrent sessions)

Merger: A Vertical Tide in Merger Review

This panel will discuss recent trends in vertical theories of harm in merger review.

  • Are vertical concerns the new horizontal?
  • Are questions of vertical effects more important to the exercise of market power in certain industries?
  • What strategies should merging parties consider in the context of a vertical merger?
  • How does the analysis of vertical mergers differ across jurisdictions?

Moderator:

  • Navin Joneja, Blake, Cassels & Graydon LLP (Toronto)

Speakers:

  • Ian John, Kirkland & Ellis LLP (New York)
  • Joshua Soven, Gibson, Dunn & Crutcher LLP (Washington)
  • Ulrich Denzel, Gleiss Lutz (Stuttgart)
  • Steven Salop, Georgetown University (Washington)
  • Sophie Moonen, Head of Unit, European Commission (Brussels)

or

Antitrust: Compliance and Crisis Management: A Global Perspective

This panel will discuss the qualities that make up effective antitrust and anti-corruption compliance programs and their growing importance, and consider how those policies help (or hinder) in a crisis situation.

  • What are the key substantive and procedural aspects of an effective compliance program?
  • How can economics help clients in determining their damage exposure and be used effectively in settlement discussions with the agency or private parties?
  • In what circumstances is compliance risk estimable for reserve purposes?
  • In what circumstances can compliance programs aggravate corporate liability? How can such circumstances be prevented?
  • How can compliance programs help/ hinder after an investigation has been commenced? What economics tools can be used to gauge the scale of damages?

Moderator:

  • Daniel Sokol, Levin College of Law, University of Florida (Gainesville)

Speakers:

  • Alfredo O’Farrell, Marval, O’Farrell & Mairal (Buenos Aires)
  • Fiona Schaeffer, Milbank, Tweed, Hadley & McCloy LLP (New York)
  • Helen Bardell, Director, Competition Team, Barclays Bank (London)
  • Claire Debney, Vice President & General Counsel, Group Legal Affairs & Compliance, Reckitt Benckiser Group plc (Slough)
  • Robert Topel, University of Chicago (Chicago)

12:15pm – 1:00pm: Chairpersons’ Concluding Remarks and Lunch

  • Jason Gudofsky, Blake, Cassels & Graydon LLP (Toronto)
  • Margaret Sanderson, Charles River Associates (Toronto)

May Academic Conference


The Economics of Innovation

Friday May 20, 2016
120A Hough Hall

8:30 – 9:00 am— Breakfast

9:00 – 10:30 am — Specializing in Generality: Firm Strategies in Markets for Technology (Raffaele Conti, Alfonso Gambardella & Elena Novelli)

Presenter: Brent Goldfarb, University of Maryland (20 minutes)

Author Response: Alfonso Gambardella, Bocconi (Visiting MIT) (15 minutes)

10:30 – 10:45 am— Break

10:45 – 12:15 pm— Patent Trolls: Evidence from Targeted Firms (Lauren Cohen, Umit G. Gurun &

Scott Duke Kominers)

Presenter: Michael Meurer, BU (20 minutes)

Author Response: Lauren Cohen, Harvard (15 minutes)

12:15 – 1:15 pm— Lunch

1:15 – 2:45 pm— Bundling of RAND-committed Patents (Anne Layne-Farrar & Michael A. Salinger)

Presenter: Huseyin Yildirim, Duke (20 minutes)

Author Response: Michael Salinger, BU (15 minutes)

2:45 – 3:00 pm— Break

3:00 – 4:30 pm— Medical Device Recalls and Innovation (Vivek Ghosal & D. Daniel Sokol)

Presenter: Jeff Macher, Georgetown (20 minutes)

Author Response: Vivek Ghosal, Georgia Tech (15 minutes)


2015 Conference: Healthcare Competition

Presentation 1

Thomas McGuire, Harvard Medical School

Resolving Reverse Payment Settlements with the Smoking Gun of Stock Price Movements

 

Discussant: Kate Ho, Columbia University

 

Break

 

Presentation 2

Caroline Carlin, Medica Research Institute and Roger Feldman, University of Minnesota

  1. The Impact of Hospital Acquisition of Physicians Practices on Referral Patterns

 

  1. Changes in Quality of Health Care Delivery after Vertical Integration

 

  1. The Impact of Provider Consolidation on Price:  Horizontal Integration and Tied Purchasing

 

Discussant: Christine Durrance, University of North Carolina at Chapel Hill

 

Lunch

 

Presentation 3

Robert Town, University of Pennsylvania (Wharton) and Matthew Grennan, University of Pennsylvania (Wharton)

Regulating Innovation with Uncertain Quality: Information, Risk, and Access in Medical Devices

 

Discussant: Christina DePasquale, Emory University

 

Break

 

Presentation 4

Cory Capps, Bates White and David Dranove, Northwestern

The Effect of Hospital Acquisitions of Physician Practices on Prices and Spending

 

Discussant: Vivek Ghosal, Georgia Institute of Technology

Antitrust Moot Court Team