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Seminar series

Situating dynamic competition

Neither chicagoan, nor heterodox

Add to calendar 2023-11-21 16:00 2023-11-21 17:30 Europe/Rome Situating dynamic competition Sala Triaria Villa Schifanoia YYYY-MM-DD
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When

21 November 2023

16:00 - 17:30 CET

Where

Sala Triaria

Villa Schifanoia

Join Nicholas Petit, Joint Chair in Competition Law at both the Department of Law and Robert Schuman Centre for Advanced Studies as he presents his recent research

Dynamic competition is gaining traction as a leading intellectual approach susceptible to effectively improving antitrust law. This growing influence of dynamic competition in policy-making does not leave everyone indifferent. Other antitrust schools of thought that compete in the marketplace for ideas have leveled two types of critiques at dynamic competition. First, dynamic competition would be no more than a 21st century actualization of the Chicago school of antitrust. Second, dynamic competition would represent a dangerous foray into economic heterodoxy. This paper shows that these two criticisms do not withstand scrutiny. Dynamic competition is neither Chicagoan, nor heterodox. In the context of the digital economy, dynamic competition is the natural progression for all systems of antitrust law that reassess doctrine in light of the evolution of economic and technical understanding.

This seminar is now cancelled due to unforeseen circumstances.

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