Competition Conference 2018 Program and Papers
Breakfast | 8:30 |
Introduction, Dean Angela Onwuachi-Willig | 9:00 |
1. Firm markups and industry concentration are rising; what’s the cause and is this trend a problem? [video] | |
· “How EU Markets Became More Competitive Than US Markets” Germán Gutiérrez and Thomas Philippon [slides] | 9:15 |
· “Intangibles, Investment, and Efficiency,” Nicolas Crouzet and Janice Eberly [slides] | 9:35 |
· “Information Technology and Industry Concentration,” James Bessen [slides] | 9:55 |
· “Markups in the Digital Era,” Sara Calligaris, Chiara Criscuolo, Luca Marcolin [slides] | 10:15 |
Commentary: Nancy Rose [slides], Hal Varian [slides] | 10:35 |
Q&A | 11:05 |
Break | 11:15 |
2. Challenges to Antitrust Enforcement | |
· “Serial Collusion by Multi-product Firms,” William Kovacic, Robert Marshall, Michael Meurer [slides] | 11:30 |
· “New Evidence, Proofs, And Legal Theories on Horizontal Shareholding,” Einer Elhauge [slides] | 11:50 |
Commentary: Erik Hovenkamp [slides] | 12:10 |
Q&A | 12:20 |
Lunch | 12:30 |
Keynote Speaker: Fiona Scott Morton [video] Yale University, former Deputy Assistant Attorney General for Economics, Antitrust Division “Is lack of competition enforcement a cause of rising markups?” |
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Q&A | |
3. Do platform/Big Data companies diminish competition and innovation? [video] | |
· “Network Effects and Market Power: What Have We Learned in the Last Decade?” Catherine Tucker [slides] | 13:30 |
· “Threat of Platform-Owner Entry and Complementor Responses: Evidence from the Mobile App Market,” Wen Wen and Feng Zhu [slides] | 13:50 |
· “Data as Labor” Glen Weyl [slides] | 14:10 |
Commentary: Marc Rysman [slides], Michael Salinger | 14:30 |
Q&A | 15:00 |
Break | 15:10 |
4. Is labor market concentration a significant threat to wages? | |
· “Labor Market Concentration,” José Azar, Ioana Marinescu, and Marshall I. Steinbaum [slides] | 15:25 |
· “Strong Employers and Weak Employees: How Does Employer Concentration Affect Wages?” Efraim Benmelech, Nittai Bergman, and Hyunseob Kim [slides] | 15:45 |
· “It’s not Just Monopoly and Monopsony,” Josh Bivens, Lawrence Mishel, and John Schmitt [slides] | 16:05 |
Commentary: Ioana Marinescu [slides], Keith Hylton | 16:25 |
Q&A | 16:55 |
Closing | 17:05 |