See version in english Dinner in honor of Howard Shelanski

New-York

Dîner en l’honneur d’Howard Shelanski

This private dinner was organized in honor of Howard Shelanski, Administrator of the Office of Information and Regulatory Affairs (OIRA) - with Ilene Gotts (Wachtell, Lipton, Rosen & Katz), Michael Whinston (Bates White), Pierre Cremieux (Analysis Group).

KEYNOTE SPEECH

HOWARD SHELANSKI

THE TREATMENT OF UNILATERAL CONDUCT AND LOYALTY DISCOUNTS : TOWARDS A MORE MEANINGFUL RULE-OF-REASON ANALYSIS FOR THE US ?

Hward Shelanski started explaining that Antitrust and competition policy, both in the US and globally, are at an important juncture with respect to single firm conduct. At stake is the degree to which meaningful case-by-case analysis as opposed to a priori doctrine—doctrine that may contain presumptions either for or against enforcement governs the treatment of unilateral conduct. At issue may be whether or not global antitrust enforcement on the whole tilts more in the direction of tolerating errors of over enforcement and away from the greater preference in the US for errors of under-enforcement. I will argue that, somewhat counterintuitively, a greater willingness to accept risks of over-enforcement in the US could help to reduce the willingness to accept the risks of over-enforcement in other jurisdictions, thus leading to less doctrinal, more analytical, and better case-by-case enforcement globally.

Photos © Vincent Soyez

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Speakers