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On June 21, 2017, the American Antitrust Institute hosted its 18th Annual Conference. This year’s event took up the important topic: The Value of Antitrust. The change in administration is an opportune time to take stock of why and how antitrust remains a central policy tool for promoting a market economy, competition, innovation, and consumer benefits. Growing concerns over declining competition, slowing rates of market entry, and inequality gaps have put antitrust into the spotlight. Mounting economic evidence on the effects of past mergers, efficiencies, and remedies has given competition enforcers and proponents of fair competition reasons to be more vigilant in scrutinizing further consolidation and potentially anticompetitive behavior.
AAI’s 18th Annual Conference assessed the value of antitrust in a number of ways, across four panels:
- What’s Past is Prologue: How Yesterday’s Mergers Shape Today’s Merger Enforcement
- The Public/Private Partnership in Antitrust Enforcement
- Greatest Hits in Antitrust – Mergers, Monopoly, and More
- Competition and Innovation – Theory, Practice, and Current Controversies
The conference included a gala luncheon featuring the presentation of the 2017 AAI Antitrust Achievement Award and the Jerry S. Cohen Award for Antitrust Scholarship.
4.5 CLE credits were available.
Welcome and Overview
Diana Moss, President, American Antitrust Institute
Session I: What’s Past is Prologue: How Yesterday’s Mergers Shape Today’s Merger Enforcement
Moderator:
Diana L. Moss, President, American Antitrust Institute
Speakers:
Dennis W. Carlton, David McDaniel Keller Professor of Economics, Booth School of Business, University of Chicago
John E. Kwoka, Neal F. Finnegan Distinguished Professor, Department of Economics, Northeastern University
Nancy Rose, Charles P. Kindleberger Professor of Applied Economics, Department of Economics, Massachusetts Institute of Technology
Jonathan B. Sallet, Partner, Steptoe & Johnson LLP
Session II: The Public/Private Partnership in Antitrust Enforcement
Moderator:
Robert H. Lande, Venable Professor of Law, University of Baltimore School of Law
Speakers:
Andrew I. Gavil, Professor of Law, Howard University School of Law; Senior Of Counsel, Crowell & Moring LLP
Eric Mahr, Director of Litigation, Antitrust Division, U.S. Department of Justice
Ellen Meriwether, Partner, Cafferty, Clobes, Meriwether & Sprengel LLP
Bonny E. Sweeney, Partner, Hausfeld
Luncheon and Awards Presentation
AAI’s Alfred Kahn Award for Antitrust Achievement
Presentation:
Presented by Renata B. Hesse, former Acting Assistant Attorney General, Antitrust Division, U.S. Department of Justice; Partner, Sullivan & Cromwell LLP
Acceptance:
William J. Baer, Partner, Arnold & Porter Kaye Scholer LLP
Jerry S. Cohen Award for Antitrust Scholarship
Presentation:
Daniel A. Small, Partner, Cohen Milstein Sellers & Toll PLLC
Acceptance:
Einer Elhauge, Carroll and Milton Petrie Professor of Law, Harvard Law School
Session III: Greatest Hits in Antitrust - Mergers, Monopoly, and More
Moderator:
Pamela Gilbert, Partner, Cuneo Gilbert & LaDuca LLP
Speakers:
Stephen Calkins, Professor of Law, Wayne State University Law School
Harry First, Charles L. Denison Professor of Law, Co-Director, Competition, Innovation, and Information Law Program, New York University School of Law
Joseph Goldberg, Partner, Freedman Boyd Hollander Goldberg and Urias, P.A.
Terrell McSweeny, Commissioner, Federal Trade Commission
Session IV: Competition and Innovation – Theory, Practice, and Current Controversies
Moderator:
Richard Brunell, Vice President and General Counsel, American Antitrust Institute
Speakers:
Jonathan B. Baker, Professor of Law, American University Washington College of Law
Alan Devlin, Acting Deputy Director, Federal Trade Commission, Bureau of Competition
Scott Hemphill, Professor of Law, New York University School of Law
Caroline Holland, Tech Policy Fellow, Mozilla Foundation