9th WINTER SCHOOL
ON ECONOMICS OF COMPETITION LAW

06-10 November 2024

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The Winter School represents the first comprehensive effort in India initiated by CUTS Institute for Regulation & Competition ("CIRC") to enhance the understanding of application of economics to competition law. In collaboration with globally renowned organisations, we have organised five offline editions of Winter School in 2013, 2014, 2016, 2018 and 2019 respectively with CRESSE (The Competition and Regulation European Summer School), RBB Economics, NERA Economic Consulting and Economics Partners. In 2020 & 2021, due to the outbreak of COVID-19 pandemic, the sixth & seventh edition of the programme were organised online, led by distinguished competition economists from different parts of the world. The past training programmes have been attended by legal practitioners, representatives from competition authorities, researchers, and academicians, in-house counsels from corporates, non-governmental organisations and students from several countries

We are delighted to announce the 9th edition of our Winter School on Economics of Competition Law scheduled from November 6th, 2024 to November 10th, 2024. It is a 20-hour training programme, spread over five days, with four-hour sessions each day. Led by globally renowned speakers, the sessions of the winter school have been carefully curated to forward discourse on the application of economic tools and analysis in competition law cases. It aims to provide the participants with an understanding of the increasingly important role that economics plays in understanding the markets and assessing the violation of competition law. It strongly focusses on practical examples and direct application of the underlying economic theories and techniques. The themes of the sessions are –

  • Importance of economic evidence in competition law- case studies
  • Cartels- Economic tools and analysis- Theory & Cases - 1
  • Cartels- Economic tools and analysis- Theory & Cases – 2
  • Vertical Agreements - Economic tools and analysis- Theory
  • Vertical Agreements- Economic tools and analysis- Case studies
  • Abuse of Dominance- Economic tools and analysis- Theory
  • Abuse of Dominance - Economic tools and analysis- Case studies
  • Mergers & Acquisitions- Economic tools and analysis- Theory
  • Mergers & Acquisitions - Economic tools and analysis- Case studies
  • The Interface of Intellectual Property and Competition Law

Economics actuates Competition Law and Regulatory Scenario

Markets are becoming increasingly global and the approaches to regulate them more economics based. Modern competition law differs from traditional competition law in that it now reflects the dominance of the economic model of analysing the market structures and behaviour. Competition economics assumes importance as regulatory and competition authorities have moved to adopt more economics based approaches in analysing business practices and determining anti-competitive behaviour. Even the current policy formulation and consultation takes into account market dynamics and thus critical to understand these nuances to help better understand the broader picture. Competition law and policy is sector neutral and thus a better understanding of competition economics equips participants with tools to analyse interplay between complex issues related to competition in all the sectors of economy.

Global Relevance with Local Application

The knowledge acquired through this Winter School will be relevant regardless of the jurisdiction in which you work. The themes of the sessions cover evolving jurisprudence. Case studies, decisions and approaches from the US, EU and other developed as well as developing countries will be discussed within a common analytical framework strongly based on economic theory. Contemporary issues related to importance of economic evidence in competition law, Economic tools and analysis in cartels, vertical agreements, abuse of dominance and Mergers & Acquisitions, and use of consumer surveys in competition case analysis, etc. will be analysed in an informed manner.

SPEAKERS LIST WILL BE ANNOUNCED SOON.

KEY DETAILS

Trainers have diverse experience working in academic, regulatory and consultancy setup to explain the underlying economic theories
and tools in lecture, case studies and simulation exercises format to bring the concepts to life.

Recording of all the sessions would be made available to the participants

Date and Time

Session no. and Title

Description

Speakers (will be announced soon..)

Wednesday, 6th November 2024

2.00 – 4.00 P.M (IST)

8:30- 10:30 A.M (GMT)

Session 1: Inaugural

Fundamentals of economics of competition law

  

4.30 PM-6.30 PM (IST)

11 A.M-1 P.M

Session 2: Competition law and economics

Importance of economic evidence in competition law- case studies

 

 

Thursday, 7th November 2024

2.00 – 3.30 PM IST

8.30 – 10 AM GMT

Session 3: Cartels: Theory

Cartels- Economic tools and analysis- Theory & Cases – 1

  

3.45 – 4.45 PM

10.14 AM – 11.15 AM

Activity

    

5 -6.30 PM

11:30 AM – 1 PM

Session 4: Cartels Case study

Cartels- Economic tools and analysis- Theory & Cases – 2

 

Friday, 8th November 2024

2.00 – 3.30 PM IST

8.30 – 10 AM GMT

Session 5: Vertical Restraints: Theory

Vertical Agreements - Economic tools and analysis- Theory

  

3.45 – 4.45 PM

10.14 AM – 11.15 AM

Activity

 

 

5 - 6.30 PM

11:30 AM – 1 PM

Session 6: Vertical restraints: case study

Vertical Agreements- Economic tools and analysis- Case studies

 

Saturday, 9th November 2024

2.00 – 3.30 PM

8.30 – 10 AM GMT

Session 7: Abuse of Dominance: theory

Abuse of Dominance- Economic tools and analysis- Theory

  

3.45 – 4.45 PM

10.14 AM – 11.15 AM

Activity

    

5 - 6.30 PM

11:30 AM – 1 PM

Session 8: Abuse of Dominance: case study

Abuse of Dominance- Economic tools and analysis- Case Study

  

Sunday, 10th November 2024

2.00 – 3.30 PM

8.30 – 10 AM GMT

Session 9: Mergers & Acquisitions-Theory

Mergers & Acquisitions- Economic tools and analysis- Theory

Cross border mergers

  

3.45 – 4.45 PM

10.14 AM – 11.15 AM

Activity

    

5 - 6.30 PM

11:30 AM – 1 PM

Session 10: Interface of Competition and IP law/

Interface of Competition and IP law – Theory and Case study/

  

a. Legal Practitioners, Competition Lawyers and Law Firms

Designed especially for lawyers, the course tends to explain the economics in a language the lawyers can understand. From a legal practitioner’s perspective, it is vital to understand and assess the relevance and rigour of the economic analysis so as formulate a strategy regarding specific case. This could include identifying whether the data employed and empirical approach in economic analysis is appropriate, and ascertaining the consistency of assumptions used in economic models with characteristics of industry/sector. The economic concepts and methodical techniques that lawyers working in mergers and competition cases need to know will also be discussed.

b. In-house Counsels at Corporate Entity

This course will help the corporates to understand the economics of competition law in a better way, which will help them to device policies to better their services and products in order to have a better footing in the market while in compliance with law.

c. Competition Authorities and Regulatory Affairs Officials

They will be able to better understand the competition economics and will be well equipped to deal with the competition cases. The applied concepts to be discussed during Winter School will help regulatory officials devise better regulatory approaches in their respective sectors so as to develop a competitive framework.

d. Economic Consultancies

Practitioners working with economic consultancies and economists will get a chance to learn the contemporary literature and will also learn from the top practitioner’s ways to identify and apply best economic model suited to a specific industry.

e. Representatives from Government and International Organisations

The course can prove beneficial for them and help them in understanding the issues related to competition law and policy in India and best international approaches to effectively deal with such situations.

f. Researchers in area of Law, Economics, and Management

The course will teach them the economics behind various tenets of competition law and provide them opportunities to interact with the pioneers in this field. This will equip them with better legal and economic tools to analyse contemporary debates in an informed manner.

S.No. Category of participant Fee for Online Participation Fee for In-person Participation
Indian Participants (INR) Other Country Participants (USD) Indian Participants Other Country Participants
1. Student 5000 (GST inclusive) 236 (GST inclusive) Charges towards stay and food will be communicated later. Expenses towards travel will be borne by participants or their sponsoring organization.
2. Working Professionals and faculty members 23600 (GST inclusive) 472 (GST inclusive)

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TRAINING METHODOLOGY

Training methodology would include stimulating sessions with the participants, ensuring that the learning begins with a modest introduction ensuring conceptual clarity on employing economic analysis in competition law cases. Lectures, case studies, interaction with experts will be used as tools to provide strategic understanding, develop core skills and encourage in-depth knowledge of the dynamics involved. The course material including case studies and readings will be provided to the participants.

The previous winter schools have seen an influx of participation from foreign competition authorities, tier-1 law firms, corporate sector, academicians, economists and legal practitioners. Following is the list of entities, from where the participants have taken benefit of this course:

Amarchand Mangaldas & Co., New Delhi

AZB & Partners, New Delhi

Amity University, Noida

Ansal University, Gurugram

Competition Commission of India

Cyril Amarchand Mangaldas

Christ University, Bangalore

CUTS International, Jaipur

Econ One Research, New Delhi

Fair Competition Commission, Tanzania

Gono Bishwabidyalay, Bangladesh

J.Sagar Associates, New Delhi

Malaysian Competition Commission, Malaysia

Nathan Economic Consulting, New Delhi

Nishith Desai Associates, New Delhi

Legal Practitioners

Saint Gobain, New Delhi

SEBI, Mumbai

TMT Law Practice, New Delhi

Trilegal, New Delhi

Jubilant Life Sciences Ltd, New Delhi

Jubilant generics limited, Noida

Veritas Legal, Mumbai

L & L Patners, New Delhi

ITC

DLF

Competition Commission of Mauritius

General Authority for Competition, Saudi Arabia

MEET THE PAST SPEAKERS

Trainers have diverse experience working in academic, regulatory and consultancy setup to explain the underlying economic theories
and tools in lecture, case studies and simulation exercises format to bring the concepts to life.

Frederic Jenny

Chairman, OECD Competition Committee

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Rhonda Smith

Senior Fellow, Faculty of Business and Economics, University of Melbourne

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Avantika Chowdhury

Partner
Oxera

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Anastasia Shchepetova

Senior Consulant
Oxera

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Tamrat Shone

Senior Consulant
Oxera

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Marek Martyniszyn

Professor of Competition Law & Policy
Queen’s University Belfast

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Claudio Calcagno

Director, GMT Economics

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Richard York

Executive Director, Digital Platforms Branch
Australian Competition and Consumer Commission (ACCC)

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Shubha Ghosh

Crandall Melvin Professor of Law and Director, Technology Commercialization Law Program, Syracuse University

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Arvind Mayaram

Former Finance Secretary Government of India

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Pradeep S Mehta

Secretary General, Consumer Unity & Trust Society (CUTS)

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Yannis Katsoulacos

Emeritus Professor, Athens University of Economics and Business

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Payal Malik

Professor (Visiting) ICRIER

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Yugank Goyal

Associate Professor - Public Policy (FLAME University)

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Joseph Harrington

Professor of Business Economics and Public Policy Department Chair, Business Economics and Public Policy

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M.P. (Maarten Pieter) Schinkel

Competition economics and regulation Faculty of Law Faculty of Economics and Business

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Shruti Gupta

Director | Deloitte

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Vipul Puri

Joint Director at Competition Commission Of India

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CIRC 8th Winter School on Economics of Competition Law-2022(THE VIRTUAL EDITION)

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CIRC 7th Winter School on Economics of Competition Law-2021(THE VIRTUAL EDITION)

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CIRC 6th Winter School on Economics of Competition Law-2020(THE VIRTUAL EDITION)

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CIRC-ECONOMICS PARTNERS Economic Consulting- Winter School on Economics of Competition Law-2019

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CIRC-ECONOMICS PARTNERS Economic Consulting- Winter School on Economics of Competition Law-2018

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CIRC-ECONOMICS PARTNERS Economic Consulting- Winter School on Role of Economics in Competition Law-2016

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CIRC 2nd Winter School On Role of Economics In Competition Law-2014

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CIRC-CRESSE Winter School on Role of Economics in Competition Law-2013

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CONTACT US

Course Coordinator- Dr Shweta Sharma

CUTS Institute for Regulation & Competition (CIRC)

Second Floor, Flat No. 5, House No. 658, Khasra No. 258, Lane No. 4, Westend Marg, Saidulajab,
New Delhi-110 030, India
Contact No - 011-46170236
Email: winterschool@circ.in
Web: www.circ.in

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