CONFERENCE - LISBON CONFERENCE - 14-15th JANUARY 2010 - PANEL V

Lisbon Conference - Panel V - Policing Unilateral Conduct (15th January 2010)

Unilateral action presents some of the most difficult challenges in the enforcement of the competition laws. Agencies, courts, and academic scholars have expended significant effort in recent years to provide greater clarity and guidance on competition law compliance in this area. These remarks review recent developments in the European Union and in the United States, concluding that the EU has made progress while uncertainty may have increased in the U.S. Finally, two hypothetical negotiations between a customer and a dominant supplier are presented to illustrate some of the difficulties inherent in characterizing conduct as lawful or unlawful and in crafting effective remedies.

Policing Unilateral Conduct Thomas BARNETT Co-Chair, Antitrust and Consumer Law Practice, Washington, DC 1. I appreciate the opportunity to address this audience — and an excuse to visit Lisbon is always welcome as well. It is a beautiful city, and this is a terrific conference. I will talk first about recent developments and then address from a bigger picture perspective some of the issues that I see in the unilateral conduct area. I am going focus in particular on how to characterize conduct as lawful or unlawful, good or bad, pro-competitive or anti-competitive and then offer some general observations. 2. This is a hard area. It is one of the least well defined areas of competition enforcement, but it is nonetheles an important area for enforcement. I previously have said that

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