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unisa.edu.au/cLE 1 13th ANNUAL COMPETITION LAW AND ECONOMICS WORKSHOP 23–24 October 2015 Crowne Plaza, Adelaide unisa.edu.au/CLE accc.gov.au/conferences

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13th ANNUAL COMPETITION LAW AND ECONOMICS WORKSHOP

23–24 October 2015Crowne Plaza, Adelaide

unisa.edu.au/CLEaccc.gov.au/conferences

unisa.edu.au/cLE

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InvitationOn behalf of the School of Law at the University of South Australia Business School and the Australian Competition and Consumer Commission we would like to extend an invitation to you to participate in the 13th Annual Competition Law and Economics Workshop, to be held at the Crowne Plaza Adelaide from Friday 23 to Saturday 24 October this year.

The Workshop provides a unique opportunity to bring together competition law and the economic principles underlying competition policy. It connects key influencers and stakeholders both nationally and internationally.

The Workshop acts as a forum for discussion and networking, and this year the intersection of competition law and economics will be at the forefront of the Workshop’s agenda with a focus on international experiences and practical application to the ‘real world’.

We look forward to seeing you in Adelaide in October.

Professor Marie Wilson Rod Sims Pro Vice-Chancellor (Business and Law) Chairman University of South Australia Business School Australian Competition and Consumer Commission

The 13th Annual Competition Law and Economics Workshop is supported by

Business School

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Title Name Position Organisation

The Hon. Justice Andrew Greenwood Federal Court of Australia

The Hon. Justice Lyn Stevens Court of Appeal, New Zealand

The Hon. Justice David Yates Federal Court of Australia

Elizabeth Avery Partner Gilbert & Tobin Lawyers

The Hon. Bruce Billson MP Minister for Small Business

Andrew Clarke Group General Counsel Origin Energy

Sarah Court Commissioner Australian Competition and Consumer Commission

Dr Lilla Csorgo Chief Economist, Competition Commerce Commission, New Zealand

Professor Kevin Davis Professor of Finance The University of Melbourne

Dr Geoff Edwards Vice President Charles River Associates, Sydney

Dr John Fingleton Chief Executive Officer Fingleton Associates

Gabrielle Ford Director, Merger Investigations Australian Competition and Consumer Commission

Professor George Hay Charles F. Reavis, Senior Professor of Law and Professor of Economics Cornell University Law School

Anne Mustow Legal Manager Bunnings Group Limited

Rod Sims Chairman Australian Competition and Consumer Commission

Professor Xiaoye Wang Distinguished Professor Hunan University

Dr Philip Williams AM Chairman Frontier Economics

Professor Marie Wilson Pro Vice Chancellor: Business and Law

University of South Australia Business School

Natalie Yeung Partner Slaughter and May, Hong Kong

Speakers and panellists

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Program of eventsApplying competition law and economics to the ‘real world’

Friday 23 October

9.00 am Registration and morning tea

9.30 –

9.40 am

Introduction: Competition Law and Economics WorkshopProfessor Marie Wilson, Pro Vice Chancellor: Business and Law, UniSA Business SchoolSarah Court, Commissioner, Australian Competition and Consumer Commission

9.40 –

10.30 am

Opening: The direction of competition policy in Australia The Hon. Bruce Billson MP, Minister for Small BusinessRod Sims, Chairman, Australian Competition and Consumer Commission

10.30 –

11.00 am

Session 1 International perspectives The issues dominating overseas debates on competition law, economics and policy.

Keynote Address by Professor Xiaoye Wang, Hunan UniversitySeven years of implementation of China’s Anti-Monopoly Law: achievements and challenges.

11.00 am Morning tea

11.30 –

1.00 pm

Session 1 International perspectives continued

Dr Lilla Csorgo, New Zealand Commerce CommissionDr Geoff Edwards, Charles River AssociatesDr John Fingleton, Fingleton AssociatesProfessor George Hay, Cornell University Law SchoolProfessor Xiaoye Wang, Hunan University

1.00 pm Lunch

2.00 –

3.30 pm

Session 2 Mergers International mergers in practice, a case study: the 2013 acquisition by Thermo Fisher of Life Technologies.

Elizabeth Avery, Gilbert & Tobin LawyersDr Lilla Csorgo, New Zealand Commerce CommissionGabrielle Ford, Australian Competition and Consumer CommissionNatalie Yeung, Slaughter and May

3.30 pm Afternoon tea

4.00 –

5.30 pm

Session 3 Business The experience of being regulated and investigated.

Andrew Clarke, Origin Energy Anne Mustow, Bunnings Group Limited

6.30 –

10.30 pm

Dinner at the Adelaide Festival Centre, King William Street

After-dinner speaker TBA

Thursday 22 October

5.30 –

7.00 pm

Welcome Evening at the UniSA School of Law, Law Building, Hindley Street

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Saturday 24 October

9.00 –

10.30 am

Session 4 Economics Using economic expert and empirical evidence in competition cases, Australia and abroad.

Dr John Fingleton, Fingleton AssociatesProfessor George Hay, Cornell University Law SchoolDr Philip Williams AM, Frontier Economics

10.30 am Morning tea

11.00 –

11.30 am

Session 5 Competition in the banking sector Perspectives from the Financial System Inquiry.

Professor Kevin Davis, The University of Melbourne

11.30 –

12.30 pm

Session 6 Judicial perspective

The Hon. Justice Andrew Greenwood, Federal Court of AustraliaThe Hon. Justice Lyn Stevens, New Zealand Court of AppealThe Hon. Justice David Yates, Federal Court of Australia

12.30 pm Lunch

1.00 –

2.30 pm

Session 7 Emerging Issues for 2016 The emerging competition law and economic issues for 2016;• Concerted practices: how should Australia apply any new law• Application of competition law to government bodies• Failing firms and the exit counterfactual: how the Australlian Competition and Consumer

Commission should respond to mergers involving exiting firms• Misuse of market power and the effects test

International and domestic speakers from program.

2.30 pm Close

Program of eventsApplying competition law and economics to the ‘real world’