Competition and Consumer Protection in the 21st Century -- Hearing #5

9:00-9:15 am Welcome and Introductory Remarks

• Noah Joshua Phillips Federal Trade Commission

9:15-9:45 am Presentation: Vertical Mergers

• Steven Salop Georgetown University Law Center

9:45-11:00 am Vertical Mergers (Session 1)

Discussants:

• Francine Lafontaine University of Michigan Ross School of Business
• Daniel O’Brien Compass Lexecon
• Carl Shapiro University of California at Berkeley
• Margaret Slade University of British Columbia Vancouver School of Economics

Moderator: Bruce Kobayashi Federal Trade Commission, Bureau of Economics

11:00-11:15 am Break

11:15-12:30 pm Vertical Mergers (Session 2)

Discussants:

• Gene Kimmelman Public Knowledge
• Sharis Pozen General Electric
• Jonathan Sallet Benton Foundation
• Laura Wilkinson Weil, Gotshal & Manges LLP
• Paul Yde Freshfields Bruckhaus Deringer LLP

Moderator: Bruce Hoffman Federal Trade Commission, Bureau of Competition

12:30-1:15 pm Lunch Break

1:15-1:55 pm Presentations: Alternatives to the Consumer Welfare Standard

• Barry Lynn Open Markets Institute
• Jonathan Sallet Benton Foundation
• Maurice Stucke University of Tennessee College of Law
• Timothy Wu Columbia University Law School

1:55-3:10 pm The Consumer Welfare Standard in Antitrust Law (Session 1)

Discussants:

• Timothy Brennan University of Maryland, Baltimore County School of Public Policy Resources for the Future
• Deborah Garza Covington & Burling LLP
• Gene Kimmelman Public Knowledge
• Sharis Pozen General Electric
• Fiona Scott Morton Yale University School of Management

Moderator: TBA

3:10-3:25 pm Break

3:25-3:55 pm Presentations: Consumer Welfare Standard

• Jonathan Nuechterlein Sidley Austin LLP
• Carl Shapiro University of California at Berkeley

3:55-5:30 pm The Consumer Welfare Standard in Antitrust Law (Session 2)

Discussants:

• Barry Lynn Open Markets Institute
• Geoffrey Manne International Center for Law and Economics
• Fiona Scott Morton Yale University School of Management Maurice Stucke University of Tennessee College of Law

Moderator: TBA

5:30-5:45 pm Closing Remarks