28 April – Bidding analysis in mergers

april-seminar-2Dear Friends,

antitrustitalia’s 37th lunch talk is scheduled on Friday, 28 April 2017 at Confindustria Bruxelles (Av. de la Joyeuse Entrée 1 – 1040 Bruxelles – Metro Schuman).

Giulio Federico and Daniel Coublucq – Chief Economist Team, DG Competition (European Commission) – will give a presentation in English on:

Bidding analysis in merger

In recent years, bidding analysis has been increasingly used in merger assessment and it has been instrumental in a number of high-profile merger decisions (e.g. GE/Alstom). What analysis is the most appropriate in the presence of bidding markets? How can bidding data shed light on the likely effects of mergers?  What type of data is required to perform a bidding analysis? Daniel and Giulio will discuss these and other issues related to the analysis of bidding data, with particular focus on the Commission’s recent experience in this area.

Giulio Federico is Head of Unit responsible for mergers at the Chief Economist Team – DG Competition (European Commission). Prior to joining the Commission, he worked for over 10 years as an economic consultant, and he was Vice-President at Charles River Associates. Giulio led the Commission’s economic analysis in several of the recent Phase II investigations. Giulio has also been a Guest Professor at the Barcelona Graduate School of Economics since 2007 and he holds a PhD in Economics from the University of Oxford.

Daniel Coublucq is an economist at the Chief Economist Team – DG Competition (European Commission). Previously, he held an academic position at the Düsseldorf Institute for Competition Economics. In his time at the Commission, Daniel has worked on many prominent merger cases, including Telefonica/E-Plus, GE/Alstom and Dow/DuPont. He also taught training seminars to the Czech, Slovenian and South African competition authorities. Daniel holds a PhD in Economics from the Toulouse School of Economics and from the Ecole des Hautes Etudes en Sciences Sociales.

Refreshments will be provided at 12.30, the presentation will begin at 13.00 and will finish at 14:30.

Entrance is free for antitrustitalia members. For non-members, there will be a fee of €20 to cover the cost of the lunch. Please register via Eventbrite. Receipts can be printed from the link directly.

As space is limited, please let us know if you are unable to attend, so that we can offer your place to other colleagues. For the non-members who will notify the cancellation by 26 April, the fee will be refunded directly from the link above.

antitrustitalia counts on your support!


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