Registration under the student category is subject to verification. Please send a copy of your student ID to Aman Mishra at Aman@circ.in within 2 days of making the registration fee payment.
Cheque/DD in favour of CUTS Institute for Regulation and Competition, payable at New Delhi.
Cheque/DD to be sent to CIRC through courier/speed post, addressed to:
CUTS Institute for Regulation and Competition (CIRC), Second Floor, Flat No. 5, House No. 658, Khasra No. 258, Lane No. 4, Westend Marg, Saidulajab, New Delhi 110 030.
NEFT details as follows:
Beneficiary: CUTS Institute for Regulation and Competition, Bank: IDFC First Bank, Barakhamba Road, Birla Towers, LGF, Central Delhi-110001
Account Number: 10048902410, MICR Code: 110751001, IFSC Code: IDFB0020101, Swift BIC Code: IDFBINBB, PAN: AAAAC5555B
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 8th edition of our Winter School on Economics of Competition Law scheduled from 5-16th of December 2022. It is a 20-hour training programme, spread over two weeks, with 2-hour sessions each weekday.
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 –
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.
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 is professor of Economics at ESSEC Business School in Paris. He is Chairman of the OECD Competition Committee (since 1994), and Co-Director of the European Center
for Law and Economics of ESSEC (since 2008). He was previously Non-Executive Director of the Office of Fair Trading in the United Kingdom (2007- 14), Judge on the French Supreme Court (Cour de cassation, Economic Commercial and Financial Chamber)
from 2004 to August 2012, Vice Chair of the French Competition Authority (1993-2004) and President of the WTO Working Group on Trade and Competition (1997-2004). Professor Jenny holds a Ph.D. in Economics from Harvard University (1975), a Doctorate
in Economics from the University of Paris (1977) and an MBA degree from ESSEC Business School (1966).
Rhonda Smith is a Senior Lecturer in the Economics Department at the University of Melbourne. From November 1995 to November 1998 she was a Commissioner with the Australian Competition
and Consumer Commission. She was also a member of the Federal Government's Copyright Law Reform Committee (1995 to 1998) and is currently a member of the Copyright Tribunal and a lay member of the High Court of New Zealand. Rhonda has acted as an expert
witness in a number of Trade Practices cases, has advised firms in relation to trade practices issues and provides training in relation to the economics of trade practices, including to the ACCC
Giacomo Calzolari (Ph.D. University of Toulouse, 2001) joined the Institute in September 2018 from the University of Bologna. He is Research Fellow at the Centre for Economic Policy Research (CEPR). He has published in top international journals such as
American Economic Review, Rand Journal of Economics, International Economic Review, Games and Economic Behavior, Journal of Financial Intermediation, Review of Financial Studies, and Journal of Economic Theory. He has been conferred the Young Economist
Award of the European Economic Association and the 2014-Best paper award by the Association of Competition Economics. He is co-editor of the International Journal of Industrial Organization, European Economy – Banks, regulation, and the real sector, and
Labour: Review of labour economics and industrial relations. He is a member of the steering committee of the European Association of Industrial Economics, the Association of Competition Economics and the Economic Advisory Group on Competition Policy of
the European Commission. His current research interests include competition policy, economics of regulation, industrial organization, banking regulation and supervision and the economics of incentives.
Anna Barker is a Competition Expert in the Competition Division of the Organisation for Economic Cooperation and Development (OECD). In this role she has focused on competition issues associated
with the use of consumer data and digital advertising. Before this, she worked for the OECD’s Committee for Consumer Policy on measuring consumer detriment, behavioural insights and online disclosures, consumer issues associated with online advertising, the digital
economy and the smart home, and consumer trust in the sharing economy. Prior to the OECD, Anna worked at the Australian Competition and Consumer Commission, where she held various roles over a period of nine years. She has also worked for the Office of Gas and Electricity
Markets in the UK, and the Productivity Commission and Queensland Treasury in Australia. Anna holds a First Class Honours degree in Economics, and a Master’s degree in Competition and Consumer Law
GMT Economics is led by Dr Claudio Calcagno. Claudio is a trained economist who specialises in applying microeconomics to competition cases.
He has advised clients on over 90 matters, including market studies and investigations, mergers, abuse of dominance, vertical and horizontal agreements, competition appeals, regulatory investigations, State aid, and private litigation.
Since starting to work as a professional economist in 2004, he has held senior roles at leading economic consultancies before founding GMT Economics in 2021.
Over the years, he has had the privilege to work with, and learn from, a large number of national and international law firms, as well as corporations ranging from relatively small family businesses, to FTSE 100 companies, to multi-billion dollar businesses, hailing from a vast array of sectors.
He has worked on matters before the UK Competition and Markets Authority (and its predecessors), several UK sector regulators, the UK Competition Appeal Tribunal, the High Court of England and Wales, the European Commission, as well as many national competition authorities and courts across the European Union, the Middle East, Africa, Australasia and the Americas.
Claudio has published in international peer-reviewed academic journals, and is a co-author of a leading textbook in competition economics – Exclusionary Practices: The Economics of Monopolisation and Abuse of Dominance. He has presented at major academic conferences and frequently speaks at professional competition policy events. He is also a guest lecturer on
competition economics and competition policy topics on several academic and executive education programmes. He has been included in Who’s Who Legal’s list of recommended European competition economists for several years.
He holds a PhD Economics from the European University Institute, an MSc Economics from the London School of Economics and Political Science, a BSc Economics from University College London and a PG Dip in EC Competition Law from King’s College London.
Dr. Giovanna Massarotto is Academic Fellow at the Center for Technology Innovation and Competition (CTIC) at University of Pennsylvania. Her research focuses on antitrust issues as they are related to technologies, with a concentration on blockchain and AI. She is an active scholar who has published a book with Wolters Kluwer and papers
in many prestigious journals including the Journal of Competition Law &
Economics and the Stanford Computational Antitrust. She has been speaker at the OECD Blockchain Policy Forum and invited to present by several institutions internationally, including the Competition and Markets Authority (CMA) the University of Oxford, The Stanford Center for Legal Informatics-Codex and the Global Antitrust Institute (GAI) in Washington D.C.. Prior to Penn, she taught for Bocconi University and The University of Iowa as an Adjunct Professor. She was also Academic Visitor at the University of Oxford; and ran and taught a program on blockchain for the UCL Center for Blockchain Technology (UCL CBT).
James is a competition expert in the OECD’s Directorate for Financial and Enterprise Affairs. He conducts research to support the work of the OECD Competition Committee with a particular emphasis on digital competition issues, and contributes to capacity-building efforts for competition authorities. Before joining the OECD, James held consulting roles at PricewaterhouseCoopers as well as NERA Economic Consulting. In these positions, he prepared economic expert reports for antitrust and securities litigation, including damage quantification and class certification matters, as well as policy impact assessments for several governments. Prior to these roles, James was an economist in the Government of Canada’s Department of Finance, where he provided advice on securities regulation in the wake of the financial crisis. James has also worked in the office of a Minister in the Canadian federal government and a utilities regulator. James obtained a Master’s degree in Economics from the London School of Economics.
Aline Blankertz is an applied economist with ample experience in analysing and developing policies for digital markets. She has worked for the economics consultancy Oxera and the digital policy think tank Stiftung Neue Verantwortung, where she has focused on the intersection of data privacy and competition, data trusts, impacts of the platform economy, algorithms and fairness in e-commerce. She has served as an expert in parliaments and taught courses for EU judges on competition in digital markets. Besides, she is co-founder and co-chairwoman of SINE Foundation that promotes confidential data sharing.
Dr. Joseph Wilson is a former Chairman and founding Commissioner of the Competition Commission of Pakistan, where he served from November 2007 to November 2016. Dr. Wilson is an adjunct Professor at McGill University’s Faculty of Law,
where he teaches International Competition Law, among other courses, and is an independent consultant in competition matters. Earlier, Dr. Wilson served as an Associate Professor of Law at the Lahore University of Management Sciences
(LUMS), Pakistan, where he helped set up its law school. He earned Doctor of Civil Law (D.C.L.) with Dean’s Honour List and Master of Laws (LL.M.) degrees from McGill University, and another LL.M. from the University of Georgia, USA. He
is a member of the State Bar of New York, USA and Lahore High Court Bar. He serves on the International Advisory Board of the Loyola University Chicago’s Institute for Consumer Antitrust Studies. He has authored a number law journal
articles, book chapters, judicial opinions and a book titled “Globalization and the Limits of National Merger Control Laws. view profile
Ujjwal Kumar is a law graduate from University of Delhi and has been trained on law/policy issues related with multilateral trading system, intellectual property and competition, among other things. His first exposure on these issues
came at CUTS International, Jaipur, where he joined as a researcher in 1999. He developed basic understanding of the multilateral trading system under and also got exposure in competition law/policy issues. In 2001, Ujjwal joined Gene
Campaign, New Delhi as Policy Analyst, where he developed understanding on law and politics vis-à-vis IP & bio-resources, agriculture, traditional knowledge, and regulation of Genetically Modified Organisms
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
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.
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:
Course Coordinator- Garima Sodhi, Aman Mishra
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
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