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Home / Events / 15th Annual Conference: The Inefficiencies of Efficiency
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AAI Events

15th Annual Conference: The Inefficiencies of Efficiency

June 19, 2014

National Press Club

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  • Overview
  • Agenda
  • Resources

The conference examined the concept of efficiency within antitrust analysis. Panelists considered the nature of this concept, its influence and its limits, including critiques and whether certain inefficiencies currently excluded from consideration should be netted out.

9:00 am

WELCOME AND OVERVIEW

Robert Skitol, Chairman of the Board of Directors of the American Antitrust Institute

9:15 am

OPENING PLENARY: EFFICIENCY AND ITS CRITICS

Moderator:
Irwin Stelzer, Senior Fellow and Director, Hudson Institute’s Economic Policy Studies Group

Overview
Bert Foer, President, American Antitrust Institute

View from the Middle of the Road
Philip Nelson, Principal, Economists Incorporated

Dynamic and Static Efficiencies
Jonathan Baker, Professor of Law, American University

Efficiencies and Burdens of Proof
Joshua Wright, Commissioner, Federal Trade Commission

11:00 am

MORNING BREAKOUT SESSIONS

I. Are Mergers Inefficient? 
Moderator:
Richard Brunell, General Counsel, American Antitrust Institute

John Kwoka, Professor of Economics, Northeastern University

Diana Moss, Vice President, American Antitrust Institute

II. The Economic Theory of Efficiency and How Efficiency is Used in Fact
Moderator:
Eugene Spector, Founding Partner, Spector, Roseman Kodroff & Willis, P.C.

Russell W. Mangum, Senior Vice President, Nathan Associates Inc.

Richard Zerbe, Professor of Public Affairs, University of Washington

III. Systems and Innovation Concerns of Management 

Moderator:
F.M. Scherer, Professor of Public Policy Emeritus, Harvard University

Norman Hawker, Professor, Western Michigan University Haworth College of Business

Melissa A. Schilling, Professor of Management and Organizations, New York University – Stern School of Business

12:15 pm

LUNCHEON

Presentation of Jerry S. Cohen Award for Antitrust Scholarship
Presentation by Dan Small, Partner, Cohen Milstein Sellers & Toll PLLC

Presentation of AAI Alfred Kahn Award for Antitrust Achievement to John M. Connor
Introduction by Robert Lande, Director of the American Antitrust Institute Acceptance by John M. Connor, Professor Emeritus, Purdue University

Keynote Address
Martin Gaynor, Director, Federal Trade Commission

2:00 pm

AFTERNOON BREAKOUT SESSIONS

I. Excluded Concerns: Evolutionary Economics and Behavioral Economics 
Moderator: Randy Stutz, Senior Counsel and Director of Special Projects, American Antitrust Institute

Thomas Horton, Associate Professor of Law, University of South Dakota School of Law

Maurice Stucke, Associate Professor of Law, University of Tennessee College of Law

II. Supply Chain Inefficiencies 
Moderator:
David Lawsky, FIPRA International

Gregory T. Gundlach, Professor, University of North Florida

Diana Moss, Vice President, American Antitrust Institute

III. Efficiency Concerns in Practice: Theory Meets the Real World
Moderator:
Michal Gal, Professor of Law, University of Haifa Law School

Roger S. Frantz, Professor of Economic, San Diego State University

Gary L. Reback, Of Counsel, Carr & Ferrell LLP

3:00 pm

CLOSING PLENARY: THE U.S. AND THE REST OF THE WORLD

Moderator:
Bert Foer, President, American Antitrust Institute

CB Bhattacharya, E.ON Chair Professor in Corporate Responsibility, ESMT European School of Management and Technology

Eleanor Fox, Professor of Law, New York University School of Law Michal Gal, Professor of Law, University of Haifa Law School

Paul Nihoul Professor of Law, Studies University of Louvain (Belgium)

Ben Van Rompuy, Professor of Competition Policy and Media Regulation, T.M.C. Asser Institute

4:30 pm

Closing

Bert Foer, President, American Antitrust Institute

Supporting Materials

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