Competitive Effects of Mergers

Course overview

In a moment in which all over the world there are concerns of growing industrial concentration and increasing market power by firms, some are calling for antitrust authorities to be stricter when they vet mergers, while others defend the current standards. The ensuing discussion touches upon issues which are often very technical and may not be easy to understand.

The BSE Intensive Course on the Competitive Effects of Mergers will provide participants (whether lawyers or economists, working for firms or in agencies) with a thorough understanding of the crucial role of competition enforcement in merger control, by looking at established and new economic theories on mergers, the relevant empirical methods, as well as providing insightful discussions on recent high-profile merger cases in Europe and the US.

The program's faculty includes leading academic and professional economists, with extensive experience in the application of economic analysis to the competition enforcement in merger cases.

The course will be structured in a series of intensive sessions over three days.


  • Giulio Federico (Head of Unit, Chief Economist Team, DG Competition, European Commission)
  • Massimo Motta (Professor of Economics, ICREA-UPF and BSE; former Chief Competition Economist, European Commission)
  • Natalia Fabra (Professor of Economics, Universidad Carlos III de Madrid)
  • Aviv Nevo (G. A. Weiss and L. Bravo Weiss Professor of Economics and Marketing, University of Pennsylvania; former Chief Economist, Antitrust Division, U.S. Department of Justice)
  • Elena Zoido (Senior Vice President, CompassLexecon)

Detailed instructor biographies and course plan are available below.

Key benefits

  • Understand the role of economics in the area of merger control
  • The importance of interaction among theory, empirical methods and practice
  • Insights on the main theories of harm applicable to merger control
  • Identification of the main empirical methods to be used in case work
  • The importance of efficiency defenses, and how to assess them
  • How to think of effective remedies to redress possible competitive harm
  • Exposure to world-renowned economic experts in the field of merger control