Mateus, Abel M. --- "Introduction" [2010] ELECD 348; in Mateus, M. Abel; Moreira, Teresa (eds), "Competition Law and Economics" (Edward Elgar Publishing, 2010)

Book Title: Competition Law and Economics

Editor(s): Mateus, M. Abel; Moreira, Teresa

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781848449992

Section Title: Introduction

Author(s): Mateus, Abel M.

Number of pages: 14

Extract:

Introduction
Abel M. Mateus

The Second Lisbon Conference on Competition and Economics, held in
Lisbon on 15 and 16 November 2007, was intended as a forum to debate
current issues related to Competition Law and Economics, where leading
experts from Europe and North America were invited to address the fol-
lowing current issues: (i) the role of public versus private enforcement of
competition and its benefits and costs in the US and EU. How to make
more effective the control of administrative decisions by competition
authorities? (ii) The specific economic problems posed by merger control
in regulated sectors, and in particular in energy and telecommunications.
(iii) The results of the modernization package in the US. (iv) The outcome
of the extensive discussions about Section 2 in the US and Article 82 in the
EU. What are the intrinsic differences in the law on monopolization and
attempts to monopolize and dominant position, and what does the case-
law teach us? Contrasting US and EU views. (v) The doctrine of national
champions and competition policy. What role has industrial policy played
on both sides of the Atlantic? and (vi) the EU's new approach to state aid:
a report card.
President Cavaco Silva, after recognizing the importance of competi-
tion policy in a modern economy and its increasing role in building the
single market, stresses the need for independent and competent competi-
tion authorities. Pointing out the need for clear rules and strong institu-
tions that apply the laws in a credible ...