"On the Economics of Competition Policy: Opportunities and Challenges"
Institution(s): Hong Kong Institute of Economics and Business Strategy, The Hong Kong Centre for Economic Research, Faculty of Business and Economics
Date: Mar 06, 2012 (Tuesday)
Time: 12:00 noon - 02:00 pm
Venue: Conrad Hotel (Kennedy Room, Level 7), 88 Queensway, Hong Kong
Cost: HK$800 per person
To view Prof. Thomas Ross's presentation slides, please click here.
Competition policy has clearly gone global. Well over 100 countries -- in every corner of the world -- now have competition laws, most with specialized agencies charged with enforcement. While there are a number of reasons for a country to have a competition law, increasingly support has come from economists and others who see competition as a major driver of economic efficiency. This includes efficiency in production, in distribution and in innovative activity. This talk will review some of the arguments for the key elements that make up a modern competition law. It will also consider some of the important challenges facing those charged with designing and administering these laws.
Thomas Wayne Ross is Senior Associate Dean (Faculty and Research), the UPS Foundation Professor of Regulation and Competition Policy and the Director of the Phelps Centre for the Study of Government and Business in the Sauder School of Business at the University of British Columbia. His research in the areas of competition policy, regulation, industrial organization and experimental economics has been published in a number of scholarly journals. Through the Phelps Centre, Professor Ross is director or co-director of a number of important research and teaching initiatives, including the UBC Public-Private Partnerships Project, the UBC Election Stock Market, the Vancouver Competition Policy Roundtable and the Canadian Competition Policy Page web page project. For over twenty years he has been the director of the successful UBC Summer Conference on Industrial Organization. Professor Ross has also served as a consultant to a number of public and private sector organizations.
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