Dynamic competition defines an improvement path for public policy, including competition, innovation, and industrial policy. For example, the recent Draghi report, connects the existential risk faced by the European Union ( EU ) to an innovation gap caused by its static industrial structure, stating clearly that this lack of dynamism is self-fulfilling. Promoting dynamic competition is therefore a natural ambition for any public policy interested in raising social welfare and economic prosperity.
In the specific context of competition policy, the dynamic competition approach has been gaining ground. Antitrust and merger cases increasingly refer to dynamic competition as the protected value. Admittedly, in some cases, the attention is mostly nominal. Yet, the increasing reference to dynamic competition in enforcement activities exerts a strong motivational effect on policymakers, lawyers, economists, and scholars. A growing literature is emerging on the development of practical tools such as capabilities assessments, potential competition indicators, or ecosystems theories of harms and efficiencies.
Against this backdrop, the purpose of this conference is to assist policymaking by further exploring the potential for implementation of applied versions of theories of dynamic competition. In particular, the conference will address the next step required to better define and operationalize dynamic competition into antitrust and merger policy. While it has become clear that a more dynamic competition approach is needed, this conference will focus on the how from an interdisciplinary perspective. This is what we call Dynamic Competition Operationalized .
This is a closed-door event which takes place in Refectory, Badia Fiesolana. To follow the livestream, register through the link below.