Lawyers' Course

CRESSE Lawyers' Course on
"The Role of Economics in Competition Law and Practice"

Who is the course for?

The course is targeted to lawyers practicing in competition law as counsels, enforcers or judges or lawyers practicing in another field of law in which knowledge of economics is helpful. As such, the course does not require students to have any prior knowledge of economics or quantitative techniques. Lectures rely on verbal descriptions and graphs to convey key concepts. Special emphasis is given in drawing on case examples in order to review and apply the economic principles and methods.

There are no formal entry requirements but the course is designed for legal practitioners looking to gain a rigorous introduction to the increasingly important role that economics plays in competition law. Applicants will be asked to fill in an Application Form demonstrating their suitability for the course, including a short personal statement that indicates what they hope to achieve from attending it.

Objective of the course

The objective of the course is to introduce the economic theories that underlie competition law, the methods and tools that are used to assess whether business practices are socially harmful or benign and the economic issues related to the enforcement of the law. The philosophy of the course is to enable participating lawyers to communicate effectively with economists when they have to cooperate with them in cases and to read their Opinions in an informed manner. It is designed to provide students with a comprehensive understanding of economic concepts and theories and of how they are applied to competition policy and a solid grounding in the tools and methods used in the examination of specific cases. Detailed Course Content.

The course is taught by some of the foremost competition economists in the world. It covers both an introduction to microeconomics, game theory and industrial organisation theory, as well as, all the areas in the application of economics to competition policy. The latter includes the analysis of market power, market definition, cartels and other coordinated behaviour, abusive unilateral conduct by dominant firms (all exclusionary practices), vertical restraints, horizontal and vertical mergers, antitrust and intellectual property, issues related to the evaluation of damages in competition cases and the assessment of fines and issues related to the assessment of economic evidence in courts.

The course is provided concurrently with the acclaimed CRESSE Summer School that will be given for the 18th year in 2024 the participants of which are also practicing professionals and PhD students, but mostly with some economics or technical background. The CRESSE Summer School runs over two weeks and includes modules on advanced quantitative techniques and on sectoral regulation.

Key Benefits

  • Gives an extensive in-depth insight into the economics needed for competition law cases.
  • Programme material is written by experts – some of the foremost experts in the world in competition economics.
  • Each participant will receive a signed Certificate of Attendance, which includes details for the Sessions attended, their duration and the instructors that were involved in the teaching of each Session. The Certificate of Attendance is sent to each participant at about the end of November provided that they have completed the online evaluation form for each session they attended (the evaluation form does not take more than 3 mins to complete and will be sent to you in due course)
  • The course gives the opportunity to participants to obtain within just four days an extensive introduction to the economics that underlie the assessment of competition law cases, in beautiful surroundings. For more information see link Venue and Accommodation.

CRESSE Schools’ Past Participants

CRESSE throughout the years has welcomed to the CRESSE School Programs, several participants from a large number of Competition Authorities, Regulatory Institutions and International Organisations from all over the world. Since the inception of CRESSE we have had participants from over 85 Authorities and other Regulatory Bodies. See list here.