October 20, 2021, 09:00
Firms competing in product or services markets often cooperate on adjacent markets. They may cooperate forming R&D JVs or purchasing alliances. They may pool their patents to license them together, reach interoperability agreements, share their networks, invest in infrastructure together, etc. They may cooperate to respond to environmental challenges. What do these situations have in common? When is cooperation among competitors welfare enhancing? When should we worry about the potentially adverse impact of such cooperation on price and quality competition? Is collusion the main or only concern? Is there a way to promote useful cooperation while moderating the potentially anticompetitive effects of such deals?
This course features a number of presentations by leading TSE scholars discussing these and related questions, and a policy panel in which a few practitioners will discuss how their proposals may fare in practice.
Learn about the economics of coopetition and, in particular, the scope for collusion in two-sided markets and against environmental regulation, and about the use of price caps as a mechanism to attain the benefits of cooperation while addressing its potential risks for competition.
Discuss with academics and practitioners about the ways in which firms may breach the competition rules when engaging in cooperative deals with their competitors.
- Exchange views about how to improve the current regulation of cooperative agreements between firms given the need to incentivize investment to fight climate change and digitize our economies