Webinar

12th New Frontiers of Antitrust #3 Competition policy in the post-Covid 19 economy: What to do of Zombification risks?

3rd Webinar of the 12th « New Frontiers of Antitrust Conference » organised by Concurrences, in partnership with Cleary Gottlieb, Compass Lexecon and ELIG Gürkaynak Attorneys-at-Law, with Frédéric de Bure (Partner, Cleary Gottlieb), Isabelle de Silva (President, Autorité de la concurrence), Gönenç Gürkaynak (Partner, ELIG Gürkaynak Attorneys-at-Law), Jorge Padilla (Head of Compass Lexecon EMEA), Nicolas Petit (Professor, European University Institute) and Karl Soukup (Acting Deputy Director-General for State Aid, DG COMP).

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SYNTHESIS

Nicolas Petit introduced the discussion, mentioning that even though many in the antitrust community focus on digital threats and monopolies, there is another worry voiced by a large group outside this community. Central bankers and financial economists warn about the growing population of zombie firms in the economy. They are talking about a group of “living dead” firms that spread across industries and crowd out healthy firms and business opportunities, innovation, and entrepreneurship. What to do about this phenomenon, and whether it should be dealt with using antitrust policymaking shall be the point of the discussion.

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Speakers

  • Cleary Gottlieb Steen & Hamilton (Paris)
  • French Competition Authority (Paris)
  • Compass Lexecon (Brussels)
  • DG COMP (Brussels)
  • European University Institute (Florence)
  • ELIG Gürkaynak Attorneys-at-Law (Istanbul)

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