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Tuesday, July 9, 2019

Is there room for reform in competition law?

Competition law is under scrutiny and policy makers are leading a lively social debate over the challenges raised by digital markets. Revisions to law and enforcement will likely focus on three goals: reducing risks of under-enforcement; reassessing the notion of harm; and targeting digital markets.

Key points

  • Key points:
  • Reforms can bring down old paradigms or follow a conventional approach. In any case, reform will probably affect the current approach to both merger control and antitrust cases.
  • Key questions to answer are how to presume market dominance and on whom rest the burden of proof, how to approach harm in the long term, and how data sharing impacts competition.

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