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Vertical Restraints in EC Competition Law: New Dynamics

13 October 2009–14 October 2009, 9:45 am–5:45 pm

Event Information

Open to

All

Organiser

Centre for Law, Economics & Society

Location

Bentham House, Bloomsbury, London

The reform of EC competition law on vertical restraints has marked the beginning of the process of transformation of EC competition law in the late 1990s, in particular because of the adoption of a more compatible to neoclassical economic theory approach. Almost ten years since the adoption of Regulation 2790/99 and the vertical restraints guidelines, the European Commission has initiated a revision process and has published some proposals at this respect.

The aim of this conference would be (a) to understand the process of the reform of EC competition law on verticals, (b) to provide some useful comparative insights, by looking to the most recent developments in US antitrust law on verticals as well as the most recent competition law practice in some Member States� and selected jurisdictions and (c) to critically assess the proposals of the European Commission, by confronting them to recent economic theory and to legal practice.

The conference was of particular importance to the ¹û¶³Ó°Ôº community as it honours Valentine Korah, emeritus professor of competition law at ¹û¶³Ó°Ôº and visiting professor to a number of leading academic institutions around the world. Professor Korah is an authority in EC competition law on vertical restraints and has published the leading monographs and commentaries on this topic.
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Conference programme

SESSION I: ARTICLE 81 AND GENERAL ASPECTS OF THE REFORM
°ä³ó²¹¾±°ù:Ìý
Philip CollinsÌý(°¿¹ó°Õ)

ÌýThe Scope of Article 81(1)
Ioannis LianosÌý(¹û¶³Ó°Ôº)
Ìý
ÌýThe Scope of Article 81(3)
Giorgio MontiÌý(LSE)
Ìý
ÌýThe other verticals: relation with Article 82 jurisprudence
John KallaugherÌý(Latham & Watkins, ¹û¶³Ó°Ôº)
Ìý
ÌýThe other verticals: motor vehicle regulationÌý
ÌýÌý

SESSION II: ROUNDTABLE
A RETROSPECTIVE AND PROSPECTIVE OF THE VERTICAL RESTRAINTS REFORMÌý

°ä³ó²¹¾±°ù:Ìý
Sir Christopher BellamyÌý(Linklaters LLP)

Participants:

ÌýValentine KorahÌý(¹û¶³Ó°Ôº)Ìý
ÌýLucas PeeperkornÌý(European Commission, DG Competition)Ìý
ÌýIan Forrester QCÌý(White & Case)Ìý
ÌýBill KovacicÌý(US Federal Trade Commission)Ìý
ÌýRichard WhishÌý(King’s College London)Ìý
ÌýÌý

SESSION III: INTERNET DISTRIBUTION AND VERTICAL RESTRAINTS

°ä³ó²¹¾±°ù:Ìý
Richard WhishÌý(King�s College London)

ÌýSpeakers:
Denis WaelbroeckÌý(Ashurst, Free University of Brussels)

Ìý
ÌýStephen KinsellaÌý(Sidley Austin)Ìý
ÌýDiscussant:Ìý
Andrea AppellaÌý(News Corp.)
Ìý
ÌýAntonio BavassoÌý(Allen & Overy, ¹û¶³Ó°Ôº)Ìý
Ìý

SESSION IV: TYING / BUNDLING

°ä³ó²¹¾±°ù:Ìý
Judge Nicholas ForwoodÌý(European Court of First Instance)Ìý

ÌýSpeakers:
Tying, Bundled Discounts, and the death fo the single monopoly profit theory
Einer Elhauge
Ìý(Harvard University)


Ìý
ÌýTying Revisited
Jorge PadillaÌý(LECG)
Ìý
ÌýMatthew BennetÌý(OFT)Ìý
ÌýDiscussants:
Cristina CaffarraÌý(CRA International)
Ìý
ÌýCan Bundled Discounting Increase Consumer Prices Without Excluding Rivals?
Daniel Crane
Ìý(University of Michigan School of Law, Ann Arbor)
Ìý
Ìý

Ìý

SESSION V: ROUNDTABLE:
RESALE PRICE MAINTENANCE
Ìý

°ä³ó²¹¾±°ù:Ìý
Valentine KorahÌý(¹û¶³Ó°Ôº)

ÌýParticipants:
RPM: An EU Perspective
Lucas PeeperkornÌý(European Commission, DG Comp.)


Ìý
ÌýResale Price Maintenance
Warren Grimes
Ìý(Southwestern University)

Ìý
ÌýResale Price Maintenance: Analysis of Agreements
Alison JonesÌý
(Kings College London)

Ìý
ÌýDiscussants:
Aidan Robertson QCÌý(Brick Court Chambers)
Ìý
ÌýThibaud VergéÌý(CREST-LEI (Paris))ÌýÌý
ÌýÌý

SESSION VI: ROUNDTABLE
EXCLUSIVE TERRITORIES AND PARALLEL TRADEÌý


Chair:
Professor Brenda SufrinÌý(University of Bristol)

ÌýSpeakers:
Eric Gippini FournierÌý(European Commission, Legal Service)
Ìý
ÌýAssimakis KomninosÌý(Hellenic Competition Commission / ¹û¶³Ó°Ôº)Ìý
ÌýJose Luis BuendiaÌý(Garrigues LLP)Ìý
ÌýDiscussants:
Christopher StothersÌý(Milbank, Tweed, Hadley and McCloy LLP & ¹û¶³Ó°Ôº)
Ìý
Ìý

Okeoghene OduduÌý(University of Cambridge)

Ìý
Ìý

SESSION VII: ROUNDTABLE
VERTICAL RESTRAINTS AND THE RISE OF RETAILER POWER: COMPETITION LAW AND ALTERNATIVESÌý


Chair:
Peter FreemanÌý(UK Competition Commission)

ÌýParticipants:
Some economics of vertical restraints in a world of retailer power
Michael WatersonÌý
(Warwick University)


Ìý
ÌýUnchallenged Market Power?
The Tale of Supermarkets, Private labels and Competition LawÌý
Ariel Ezrachi
Ìý(Oxford)


Ìý
ÌýPower Buyers AndThe U.S. Antitrust Laws
Irving ScherÌý
(Greenberg Traurig, LLP)

Ìý
ÌýDiscussant:
Ioannis LianosÌý(¹û¶³Ó°Ôº)
Ìý

Ìý

SESSION VIII:
VERTICAL RESTRAINTS IN COMPARATIVE COMPETITION LAW AND INTERNATIONAL CONVERGENCE


Chair:
Dr Philip MarsdenÌý(BIICL, OFT)

ÌýParticipants:
UK experience on verticals
Mark Clough QCÌý(Addleshaw Goddard)


Ìý
ÌýVertical restraints in France
Laurence IdotÌý(University of Paris II Panthéon Assas)

Ìý
ÌýVertical restraints in Germany
Florian Wagner von PappÌý(¹û¶³Ó°Ôº)Ìý

Ìý
ÌýVertical restraints around the world: A comparative perspective
Daniel SokolÌý(University of Florida Levin College of Law)
Ìý
ÌýInternational aspects on vertical restraints
Maher DabbahÌý(Queen Mary, University of London)
Ìý