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UCL CLP: Polycentric Competition Law

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UCL Sir Ambrose Fleming Lecture Theatre

Roberts Building

Torrington Place

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WC1E 7JE

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Current Legal Problems Lecture Series 2017-18

Speaker: Professor Ioannis Lianos (UCL Laws)
Chair: The Honourable Judge Dennis Davis (Judge of the High Court of South Africa and Judge President of the Competition Appeal Court of South Africa)

About this lecture:

In a world marked by financial instability, limited growth, rising inequality, deteriorating ecology, growing corporate consolidation, and political turmoil, a number of calls are made to shift the dominant competition law paradigm towards new directions. These may bring competition law beyond its usual comfort zone of assessing business, or government, practices from the point of view of their effect on prices, output and, more broadly, consumer welfare. Competition law is seen as a tool to be used in various circumstances in order to “correct” market, but also non-market (e.g. government) failures, that result from restrictions of competition, to the extent that these affect social welfare.

These failures may relate to the protection of personal data and privacy, the protection of the environment, the promotion of social mobility, the harnessing of disruptive innovation, or the mitigation of technology risks. Some go even further and argue that competition law may well be employed in order to preserve a number of other “values” of social justice, thought to be intrinsic in democratic capitalism and the liberal order, and to which competition law should be sensitive. These calls for an extension of the competition law field have been met with fierce resistance, some contending that the methods, the tools, the procedures and the main sources of wisdom of competition law are ill-suited for such an expansive role, and that other kinds of social rules and institutional arrangements may be better suited for taking into account these concerns. The lecture will assess these competing claims and their underlying presuppositions with the aim to unveil and portray the rites of passage in this transition, and to explore the liminal condition of modern competition law.


About the speaker:

Ioannis Lianos holds the chair of global competition law and policy at UCL Laws. He is also Director of the Centre for Law, Economics and Society and Executive Director of the Jevons Institute for Competition Law and Economics

He joined UCL in September 2005. He was awarded a Gutenberg Research chair at the Ecole Nationale d’Administration (ENA), the elite public administration school of the French republic in November 2011.

He is also a visiting professor at the Centre for International Industrial Property Studies (CEIPI) of the University of Strasbourg, since 2004, the Faculty of Law of the University of Chile in Santiago, since December 2011, a fellow at the Centre for Law and Economics at the Australian National University (ANU), since 2011, a visiting professor at the University of Hong Kong School of Law in March 2014. He was an Emile Noel Fellow at the Jean Monnet Centre at New York University School of Law in 2008-2009.

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UCL Sir Ambrose Fleming Lecture Theatre

Roberts Building

Torrington Place

London

WC1E 7JE

United Kingdom

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