We Are Competition is happy to announce its first conference on competition law and sustainability
In the context of a global system of production that is increasingly interconnected and exponentially exercising pressure on the planet and people’s lives, this conference is brought about by the desire to imagine a system of competition law (or beyond competition law) that is fully embedded in the double limit of the planetary boundaries and of social considerations, inspired by Kate Raworth’s “Doughnut Economics” and elaborated by Tomaso Ferrando & Claudio Lombardi in “EU Competition Law and Sustainability in Food Systems: Addressing the Broken Links”.
If you are an early-career academic (master & PhD student or up to 4 years into tenure track) in social sciences and you care about sustainability, send us your abstract! The deadline is May 15th.
On April 4th, We Are Competition hosted Muhammad Rifky Wicaksono, competition law lecturer at Universitas Gadjah Mada in Indonesia. He obtained the Magister Juris degree with Distinction from the University of Oxford as a Jardine-Oxford Scholar and he has recently been admitted to the LL.M. program at Harvard Law School.
Like many other developing countries, public enforcement through Indonesia’s Competition Authority (KPPU) has been the fulcrum of Indonesia’s competition law enforcement. However, they fail to provide effective judicial redress to victims of competition law infringement. Based on the foregoing, the presentation explored the normative justifications for including private enforcement to strengthen Indonesia’s antitrust enforcement efforts. Subsequently, Rifky made a comparative legal analysis between Indonesian and EU law to provide policy recommendations on how private enforcement can be regulated in Indonesia.
This presentation was based on an article that Rifky co-authored, which was recently published in a leading comparative law journal in Asia. The paper can be accessed here.
On April 2nd, We Are Competition hosted Professor Ioannis Lianos (Chair of Global Competition Law and Public Policy at University College London Faculty of Laws) for a lecture, and Professor Frédéric Jenny (Chairman of the OECD Competition Committee) as the discussant on competition law for a complex economy.
The lecture explored the most significant changes brought about by the emergence of digitalisation from the perspective of competition law enforcement. These structural changes, some of which pre-date, to a certain extent, the beginning of the ‘digital revolution’, can be summarised as relating to three broader trends: futurity, personalisation and cybernetics. The speaker discussed the practical implications of these changes for competition law enforcement before making suggestions as to the direction of the development of competition law and policy in the era of ‘informational’ capitalism.
Key topics were tech platforms, agents’ changing role within platform-based ecosystems, prediction platforms and personalisation markets, winner-takes-most dynamics, vertical competition and value capture. Both panelists agreed in the end that the current competition law framework is not fit for the purpose.