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Rationale and Objectives
 

Competition Policy and Sectoral (Network Industry) Regulation have undergone dramatic changes in the past two decades. This has been accompanied by an intellectually vibrant economic literature.

Economists have developed new theories to characterize firm behavior and to assess which market contexts warrant government intervention – see for example Prof. D. Whinston (2011 CRESSE Keynote Speaker) “Lectures on Antitrust Economics”, MIT Press (2007) and Prof. M. Motta (CRESSE Lecturer and Member of the Scientific Committee, 2006-2010) “Competition Policy: Theory and Practice”, Cambridge University Press, 2004.

Traditional views of which situations warrant intervention have changed substantially.

The economic approach has gained ground both in policy making and in case law, sometimes challenging conventional views. Also, following the liberalization of many network industries, Sectoral Regulation has been increasingly adopting Competition Policy approaches to assess market power.

The aim of the Summer School and the Lawyers Course is to familiarize participants with the new economic literature and with recent legal developments and to establish a clear link between the new theories and the day to day work of practitioners. It enables participants to face and answer difficult questions about the practical matters they come across in their work in an economically and legally informed manner. They are designed for Professionals (Public Officers, Managers, Policy Makers, Law and Economic Consultants or Analysts), working in the wider areas of Competition Policy and Network Industry Regulation, in: 

 Competition Authorities and in Regulatory Bodies.
 Ministries or International Organizations (like the European Commission).
 Economic or Law Consultancies.
 Private and Public firms and organizations affected by interference in the form of sectoral regulation or antitrust and merger policies.

Postgraduate (and Doctoral) students specialising in Competition, Regulation and Privatisation are also encouraged to apply (at significantly reduced special rates).

A number of teaching methods are used that have been selected to meet the aims of the course and intended learning outcomes, exploiting the organisers' long experience in designing and delivering Executive training.

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