Dynamic Competition and Big Tech Mergers
Date: 20 July 2023
Time: 16.00 - 18.00 registration from 15.30 followed by a drinks reception
Venue: BIICL, Charles Clore House, 17 Russell Sq London WC1B 5JP
Media Partner
Event Details
Join us on Thursday 20 July at 4pm for a launch event of a new BIICL report, Dynamic Competition and Big Tech Mergers: Case studies of Meta/Giphy and Microsoft/Activision.
The report examines the intellectual development of the concept of dynamic competition and its applicability to merger analysis. In a market subject to dynamic competition, firms compete through product and process innovation with the aim of not just being more efficient than their rivals but to disrupt the entire value proposition for consumers. Markets are often constructed of ecosystems rather than linear relationships between customers and suppliers or between undifferentiated competitors. The report takes the recent decisions of the CMA on Microsoft/Activision and Meta/Giphy as case studies to explore how the CMA has used the concept of dynamic competition in these cases and how the concept can be rigorously applied in future cases where markets are dynamic.
Following a presentation on the findings by report author Dr Richard Cadman, a panel will discuss the themes and implications of the research.
Chair
Dr Liza Lovdahl Gormsen, BIICL
Speakers
- Dr Richard Cadman, SPC Network
- Dr Adrian Majumdar, RBB Economics
- Dr Cristina Caffarra, Keystone
- Tim McIver, Debevoise & Plimpton
Read the news release from this event
Registration
This event is open to members of the Competition Law Forum at BIICL and invited guests only.
Members of the forum may reserve a place by contacting the Event Team.
Find out more about the Competition Law Forum
Join the conversation @BIICL #dynamiccompetition
