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Event

Market power and its implications to competition policy

What are the reasons behind the global trends in corporate margins and market concentration?

Speakers

Adina Claici

Director and head of the Brussels office at Copenhagen Economics,

Arno Rasek

Chief Economist, German Competition Authority (Bundeskartellamt),

Video and Audio recordings

Event materials

Presentation by Fiona Scott Morton

Presentation by Nicolas Petit

Presentation by Arno Rasek

American tech giants are fiercely competitive monopolies by Nicolas Petit

Rising markups, market power and market concentration are considered primary concerns that require an immediate policy response. At this event we will analyse the reasons behind the global trends in corporate margins and market concentration. Do they signal a lack of market competition or are they linked to new technology efficiencies and the organic growth of industrial players?

We will also discuss whether current competition policy tools are adequate to address related concerns. Do we need a new approach, and if yes, what should its basic ingredients and characteristics be?