37th Annual Competition Conference

On Wednesday, 18 November AmCham EU hosted the 37th Annual Competition Policy Conference sponsored by Baker Botts and Brunswick together with media partners MLex and PaRR. The conference was titled ‘A new world: The EU’s refit of competition policy and its impact on the economy and politics’ reflecting upon the impact of a number of initiatives in the area. View the conference here.

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22 Nov 2020
Competition
37th Annual Competition Conference

On Wednesday, 18 November AmCham EU hosted the 37th Annual Competition Policy Conference sponsored by Baker Botts and Brunswick together with media partners MLex and PaRR. The conference was titled ‘A new world: The EU’s refit of competition policy and its impact on the economy and politics’ reflecting upon the impact of a number of initiatives in the area. View the conference here.

Introductory remarks were provided by Zeger Vercouteren, Chair, AmCham EU (J&J) following which a keynote speech was offered by Olivier Guersent, Director-General for DG Competition. Referring to COVID-19 and the ongoing pandemic, Mr Guersent spoke about the opportunity to implement a new economic model as we rebuild from the crisis. Thus Europe – and the world – must now reflect on three challenges which also impact on competition policy: the need for a more resilient economy and the twin transition to a greener and more digitalised economy.

Professor Anu Bradford, Columbia Law School, provided questions to complement the keynote address. Her questions focused on the Digital Markets and Foreign Subsidies Acts. On foreign subsidies, Mr Guersent suggested that the goal is to create a network among Member States to facilitate good practice and assess acquisition of strategic assets by publicly funded companies. On the Digital Markets Act, he explained that a partial goal of the act is to equip the EU to deal with dominant market powers.

Two panels were hosted on the day.

The first panel, titled ‘Antitrust in the global context: Geopolitics, Digital Regulation, Trade Reform and the Green Deal’ was moderated by Dr. Salomé Cisnal de Ugarte, Vice-Chair, Competition Policy Committee, AmCham EU (Hogan Lovells). Panellists included John Davies, Senior Advisor Regulatory and Public Affairs (Brunswick), Per Hellstrom, Senior Legal Director, EMA and India (Apple) and Damien Levie, Head of Unit, Technology and Security, FDI Screening (DG Trade, European Commission). Panellists discussed the impact of FDI screening and the implications of these new tools for clients and institutional actors and the responsibility of digital platform providers and impact of competition policy reform.

Moderated by Jay Modrall, Co-Chair, Competition Policy Committee, AmCham EU (Norton Rose Fulbright) the second panel focused on ‘EU Antitrust Reform: What to Expect in Merger Control and Antitrust Enforcement?’. Panellists included Inge Bernaerts, Director of Policy and Strategy, COMP.A, European Commission, David Cardwell, Counsel, Baker Botts and Dr. Carel Maske, Senior Attorney Antitrust, Microsoft. The panel discussed the implications of antitrust and merger reviews and tools from a client perspective, highlighting the need for simplicity and clarity. 

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42nd Annual Competition Policy Conference: in review

This year’s Annual Competition Policy Conference, Cutting through the noise to shape effective competition policy, took place on Thursday, 17 October. The event examined how competition policy can contribute to economic resilience and strategic influence amidst growing global uncertainty. Maggy Peeters, Director of Communications and Outreach, and Angélique de Brousse (Johnson & Johnson), Chair, Competition Policy Committee, AmCham EU opened the conference by underscoring the role of competition policy in shaping Europe’s industrial and geopolitical future. 

The first panel explored how geopolitical developments are influencing industrial strategies and the evolving role of competition tools. Astrid Cousin, Head of Unit, Commission Priorities and Strategic Coordination, Directorate-General for Competition, European Commission, discussed how competition policy is adapting to meet the EU’s broader strategic and industrial objectives. Miriam Lexmann, MEP (EPP, SK) emphasised the need for measured policy tools rooted in both security and shared democratic values. Representing the technology sector, Alexandre Roure, Head of Policy, Computer & Communications Industry Association (CCIA), highlighted the importance of fair, transparent and predictable policy frameworks for competitiveness and growth. With the guidance of Zach Meyers, Research Director, Centre on Regulation in Europe (CERRE), the discussion addressed the future of competition policy. 

Following a coffee break, the audience heard a fireside chat between Natalie Harsdorf, Director-General, Federal Austrian Competition Authority and Martijn Snoep, Chairman, Netherlands Authority for Consumers and Markets. The discussions looked at Austria and The Netherlands’ approaches to anti-competitive subthreshold transactions and reflected on how regulators are adapting their approaches to meet emerging industrial challenges while retaining certainty for investors. Moderated by Nicholas Hirst, Chief Correspondent, EU Competition, MLex, the conversation explored the interplay between certainty and adaptability in merger control. 

Offering an industry perspective, Sharon Marshall, Director, Europe, the Middle East and Africa Partnerships, Google, stressed that effective competition policy should drive innovation and facilitate collaborative partnerships. The conversation, moderated by Thibaut L'Ortye, Senior Director of Public Affairs, AmCham EU, highlighted the significant influence competition rules have on shaping markets. 

The final panel focused on reinforcing EU-US cooperation in competition enforcement. Inge Bernaerts, Director, Policy and Strategy, Directorate-General for Competition, European Commission, emphasised the continued importance of collaboration around shared visions and values between regulators on both sides of the Atlantic. Kevin Buckley, Vice-President, Global Government Affairs, Johnson & Johnson, highlighted the private sector’s need for predictability and standards to support innovation. Philip Lowe, Senior Advisor, Kekst CNC, reflected on mutual lessons to be drawn from the European and US approaches to enforcement, including the value of the Single Market as a driver of growth and prosperity. Moderated by Natalie McNelis, Bureau Chief, Mergermarket/PaRR, the panel reaffirmed the continued importance of transatlantic alignment and the Single Market to foster economic resilience and competitiveness. 

Thank you to everyone who attended, as well as our Premium sponsor Google and our Media Partner MLex. 

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This year’s Annual Competition Policy Conference ‘Competition policy and economic security’, took place on Thursday, 14 November. The conference focused on how to balance a rules-based approach to competition policy with a more geopolitically-driven model. Malte Lohan, CEO and Elsa Sependa (AT&T), Chair, Competition Policy Committee, AmCham EU kicked off the event by underling the need for effective and fair competition rules to ensure that Europe remains attractive and competitive on the global stage. During the event, we heard from Damien Gérard, Prosecutor General, Belgian Competition Authority who presented the Belgian Competition Authority’s approach of using competition policy to speed up the development of digital infrastructure. 

The first panel was an examination of how geopolitical trends shape regulation. Our panelists explored the numerous geoeconomic challenges facing the EU and how competition policy can be employed alongside other policy tools to address these challenges. During the panel we heard from Maria Demertzis, Director, Economic Strategy and Finance Program, The Conference Board Europe; Aura Salla, MEP (EPP, FI); Koen Van de Casteele, Director, State aid: General Scrutiny and Enforcement, Directorate-General for Competition, European Commission and Astri Van Dyke, Director, Global Competition Policy, Google. Ioannis Lianos, Professor, Competition Law and Policy, University College London moderated the discussion while also setting the scene by giving a historical view of competition policy developments from around the world. 

The second panel of the day looked at economic security, where our speakers considered the role national security plays in transaction screening. Moderated by Natalie McNelis, Senior Correspondent, MLex, the panel discussed the complexities around merger control rules and how a coordinated approach between Member States will make it easier for investment to make its way into the EU. Attendees heard from Ief Daems, Legal Director of Antitrust, Cisco; Chair, In-House Competition Lawyers Association (ICLA); Steffen Hindelang, Director and Co-Founder, CELIS Institute and Professor, International Investment and Trade Law, Uppsala University; Francesco Macchiaroli, General Counsel, Avio Aero and Aiste Slezeviciute, incoming Head of Sector, Foreign Direct Investment Screening, Directorate-General for Trade, European Commission 

Thank you to Elsa Sependa (AT&T) Chair, Competition Policy Committee, AmCham EU for moderating the event, as well as our sponsor Baker Botts and our media partner MLex. 

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