Emerging Trends in US Antitrust and EU Competition Law: a Comparative Perspective
Over the past few years important policy changes have taken place in the US antitrust and EU competition law regimes. Such emerging trends raise the question of the degree of convergence between the two main competition law jurisdictions in the world. In the field of vertical agreements, for instance, following the land-mark ruling of the US Supreme Court in Leegin in 2007, Resale Price Maintenance (RPM) has been subject to the rule of reason; since that time, US Federal Courts have generally rejected claims concerning the illegality of RPM clauses included in vertical agreements. On the contrary, in Europe RPM clauses remain restrictions by object, and in the last few years these types of clauses have been actively prosecuted and fined by a number of National Competition Authorities (e.g. German Bundeskartellamt). Secondly, the Damages Directive adopted in December 2014 represents an attempt to strengthen private enforcement of EU competition rules as well as an attempt to catch up with private enforcement of US antitrust law. Thirdly, during recent years both the US Federal Trade Commission (FTC) and the European Commission have investigated the abusive behavior of firms operating in innovation markets which own substantial market power and reviewed merger cases involving firms operating in these industries. While in some cases (e.g. Google case), the FTC and the EU Commission followed diverging approaches, in others the two antitrust authorities have achieved similar conclusions. For instance, the FTC and the European Commission have analyzed the behavior of firms owning Standard Essential Patents (SAPs) under Section 5 FTC Act and Article 102 TFEU. The FTC´s decisions in Bosch and Google-Motorola and the European Commission´s decisions in Samsung and Motorola are worth comparing, in order to assess the standard applied by two antitrust authorities in this field.
The first Annual Conference of the Florence Competition Programme in Law & Economics aims at gathering academics, practitioners, officials from NCAs and representatives of firms to discuss recent developments in US antitrust and EU competition law, in order to assess the degree of convergence and divergence between the two main antitrust jurisdictions.
The fee to attend: 250 Euros.
The fee is waived for FCP donors, Academics and officials from NCAs.
- Assessment of Horizontal and Vertical Agreements in Online Markets, Christian Ewald
- Antitrust Enforcement in Innovation Industries. SEP Cases, Mathew Heim
- Recent Developments in Relation to the Assessment of Horizontal and Vertical Agreements in Online Markets, Hein Hobbelen
- Recent Development in the Application of EU Competition law to Online Platforms, Hein Hobbelen, Nima Lorjé, Aylin Guenay
- Merger Trends in Innovation Markets, Pablo Ibanez-Colomo
- Merger Trends in Innovation Markets on the Two Sides of the Atlantic, Fredéric Jenny
- Emerging Trends in EU-US Competition Law, William E. Kovacic
- Does Google Content Degrade Google Search? Experimental Evidence, Michael Luca, Sebastian Couvidat, William Seltzer, Timothy Wu, Daniel Frank
- Antitrust Enforcement in Innovation Industries, James Mancini
- Horizontal and Vertical Restraints, Giorgio Monti
- The EU Damage Directive, Pier Luigi Parcu
- Private Enforcement in the EU in the Aftermath of EU Damages Directive, Till Schreiber
- Merger Trends in Innovation Markets. Emerging Trends in US and EU Competition Law, Vincent Verouden