Competition law and economics

A.Y. 2019/2020
Overall hours
Learning objectives
Expected learning outcomes
By the end of this course, students should be able to:
1. (Knowledge and understanding) Understand the fundamental principles of Antitrust Law and the connected economic tools and methods.
2. (Application capacity) Select, interpret and apply argumentatively the relevant bodies of laws and the relevant precedents to specific cases, in a problem-solving perspective.
3. (Making judgments) Understand the scope and role of rules, enforcement mechanisms, institutions, making autonomous judgements. Draw conclusions on the issues raised on the basis of a reasoned analysis.
4. (Skills in communication) Use their communication skills (written and oral) to argue convincingly, expressing their knowledge with propriety of language within logical, legal and (basic) economic reasoning.
5. (Ability to learn) Deploy learning skills suitable to continue their education with a high degree of autonomy.
Course syllabus and organization

Unique edition

Lesson period
First semester
Course syllabus
Subject matter and program of the course
The course offers an introduction to EU antitrust law, covering the substantive aspects, the enforcement mechanisms and the institutional interplay between EU and national jurisdictions. It includes an overview of the basic notions and tools of economic analysis that are essential to understand the grounds and reasons of the rules and their application. The course also aims at providing students with knowledge of rules and case law within the context of the broader policy issues at stake.

The substantive contents will cover the three main areas of restrictive agreements, abuses of dominant position and merger control, and will be illustrated and discussed through the analysis of cases. Specific attention will be devoted to certain business conducts (such as cartels, predatory practices, access to essential facilities) and to emerging phenomena such as big data (algorithms and tacit collusion; price discrimination; abuses in data collection), e-commerce and platforms (market power and market definition in two- sided markets).

Class attendance is mandatory. Suggested readings and didactic materials for each class will be made available in advance, on the web page of the course (ARIEL). Students are advised to read the assigned materials before classes, and will be required to actively participate in the discussion and illustration of rules, decisions, and case studies. A moot court exercise will be carried out during the course.

Learning assessment procedures
Moot courts and case studies will constitute part of the final assessment. The final mark consists of an overall assessment of all the activities carried out by each student throughout the course: active participation (20%), case studies and presentations (20%), moot court (25%), final written test (35%). The final exam will be a written (open book) test, that will consist in providing a reasoned position within a case situation. It will be held at the end of the course. Students who do not accept the assessment can register for an oral examination on all the contents of the course. With a view to familiarize students with the written test methodology, in the final weeks a mock written test will be conducted: students shall be required to draft at home the assigned paper, that will be then reviewed and returned individually (results will not be part of the final assessment); a discussion on methodology and content referred to the provided case situation will be conducted in class.

Suggested readings
Lectures will be based on specific reading materials indicated prior to each class.
IUS/04 - BUSINESS LAW - University credits: 6
Lessons: 42 hours
Professor: Toffoletti Luca
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