MaCCI Mannheim Centre for Competition and Innovation



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Annual Conference of the Leibniz ScienceCampus Mannheim Centre for Competition and Innovation February 15 th to 16 th 2013 Venue Center for European Economic Research ZEW L7,1 68161 Mannheim macciannual2013@zew.de Friday, February 15, 2013 1:00-2:00 p.m. Arrival and Registration Fingerfood, Coffee and Drinks 2:00 2:15 p.m. Welcome Martin Peitz, University of Mannheim, CERRE and Heike Schweitzer, University of Mannheim and 2:15 3:00 p.m. Chair: Martin Peitz, University of Mannheim, CERRE and Keynote speech: "The Economics of Vertical Restraints" Thibaud Vergé, Autorité de la Concurrence, Paris 3:05 4:30 p.m. Session 1: The Law and Economics of Selective Distribution Systems Moderator: Martin Peitz, University of Mannheim, CERRE and Selective Distribution in the Pierre Fabre Case Giorgio Monti, European University Institute Panel: Giorgio Monti, European University Institute, Florence Jorge Padilla, Compass Lexecon, Madrid Thibaud Vergé, Autorité de la Concurrence, Paris 4:30 5:00 p.m. Coffee Break 5:00 7:00 p.m. Session 2: The Law and Economics of Resale Price Maintenance Moderator: Heike Schweitzer, University of Mannheim and Resale Price Maintenance an Economic Perspective Roman Inderst, University of Frankfurt Resale Price Maintenance The Legal Framework Alison Jones, King s College, London Panel: Roman Inderst, University of Frankfurt Alison Jones, King s College, London Pierre Larouche, Tilburg University Laura Phaff, Office of Fair Trading, London Patrick Rey, University of Toulouse 8:00 p.m. Conference Dinner

Saturday, 16.02.2013 08:45-09:30 Invited Speech (Room Bruessels) Luis Cabral, New York University Contracts as a Barrier to Entry: Theory and Examples Chair: Konrad Stahl, University of Mannheim & Parallel sessions I 09:35-10:35 (A) Retail Markets (B) Industry Studies (C) Product Quality Chair: Jan-Peter Siedlarek, U. Mannheim & Chair: Isis Durrmeyer, U. Mannheim & Chair: Chengsi Wang, U. Mannheim & Tore NILSSEN (University of Oslo), Bjorn Johansen The Economics of Retailing Formats: Competition versus Bargaining Discussant: Gordon Klein, University of Düsseldorf, DICE Christian PEUKERT, Tobias Kretschmer (LMU Munich), Jörg Claussen Piracy and Movie Revenues: Evidence from Megaupload - A Tale of the Long Tail? Discussant: Alex Shcherbakov, U. of Mannheim & Benno BUEHLER (LMU Munich), Florian Schuett Certification and Minimum Quality Standards when some Consumers are uninformed Discussant: Malin Arve, U. of Mannheim & Gordon KLEIN, Ulrich Heimeshoff (University of Düsseldorf, DICE) Bargaining Power and Local Heroes Discussant: Tore Nilssen, U. of Oslo Subramaniam RAMANARAYANAN, Jason Snyder (Anderson School of Management, UCLA) Information Disclosure and Firm Performance: Evidence from the Dialysis Industry Discussant: Christian Peukert, LMU Munich Yaron YEHEZKEL (Tel Aviv University) Motivating a Supplier to Test Product Quality Discussant: Konrad Stahl, U. of Mannheim & 10:35-11:00 Coffee Break

Parallel sessions II 11:00-12:00 (A) Financial Markets Chair: Naoki Wakamori, U. Mannheim & (B) Media Markets Chair: Martin Peitz, U. of Mannheim, CERRE & (C) Rebates and Discounts Chair: Raphael Levy, U. of Mannheim & Bert WILLEMS (Tilburg University), Pär Holmberg Relaxing Competition through Speculation: Committing to a Negative Supply Slope Discussant: Johannes Muthers, U. of Würzburg Markus REISINGER (WHU Otto Beisheim School of Management), Attila Ambrus, Emilio Calvano Either or Both Competition: A "Two-sided" Theory of Advertising with Overlapping Viewerships Discussant: Doh-Shin Jeon, Toulouse School of Economics Antoine CHAPSAL (Universitat Pompeu Fabra) Repeated Purchases, Loyalty Rebates, and Demand Foreclosure Discussant: Matthias Hunold, ZEW and Lars HORNUF (LMU Munich), Andreas Engert Can Network Effects Impede Optimal Contracting In Debt Securities? Discussant: Jan-Peter Siedlarek, U. of Mannheim & Martin PEITZ (U. of Mannheim, CERRE & ), Simon Anderson Information Congestion in Media Markets Discussant: Markus Reisinger, WHU Otto Beisheim School of Management Yong CHAO (University of Louisville), Guofu Tan All-Units Discount, Quantity Forcing, and Capacity Constraint Discussant: Andreas Polk, HWR Berlin 12:05-12:50 12:50-13:45 Invited Speech (Room Bruessels) Volker Nocke, University of Mannheim & Horizontal Merger Policy: New Work on an Old Problem Chair: Heike Schweitzer, University of Mannheim & Lunch Break

Parallel sessions III 13:45-15:15 (A) Cartels and leniency I (B) Competition Issues (C) Vertical relations Chair: Kai Hüschelrath, ZEW, WHU & Chair: Georg Licht, ZEW & Chair: Malin Arve, U. of Mannheim & Lilian PETIT (Netherlands Competition Authority, Erasmus University Rotterdam) Cartels versus Productivity: An empirical Investigation of the Impact of Cartels on Productivity growth Discussant: Johannes Paha, University of Giessen Doh-Shin JEON (U. of Toulouse), Sjaak Hurkens, Domenico Menicucci Leveraging Dominance with Credible Bundling Discussant: Andras Niedermayer, U. of Mannheim & Stephen HANSEN, Massimo Motta (Universitat Pompeu Fabra) Vertical Exclusion with Endogenous Competition Externalities Discussant: Tommy Staahl Gabrielsen, U. of Bergen & BECCLE Lily SAMKHARADZE (U. of Mannheim & ), Robert C. Marshall, Leslie M. Marx Monopolization Conduct by Cartels Discussant: Tim Reuter, U. of Bonn Gerard LLOBET (CEMFI), Anne Layne-Farrar Moving Beyond Simple Examples: Assessing the Incremental Value Rule within Standards Discussant: Bert Willems, Tilburg University Tommy Staahl GABRIELSEN, Bjørn Olav Johansen (U. of Bergen & BECCLE) Resale Price Maintenance and Up-Front Payments: Achieving Horizontal Control under Seller and Buyer Power Discussant: Massimo Motta, ICREA-UPF and Barcelona GSE Leslie M. MARX (Fuqua School of Business, Duke University), Robert C. Marshall, Claudio Mezzetti Antitrust Leniency with Multi-Market Colluders Discussant: Susanne Goldlücke, U. of Mannheim & MACCI Jean-Philippe TROPEANO (Université de Paris), Andreea Cosnita-Langlais Ex post or ex ante? On the optimal Timing of Merger Control Discussant: Isis Durrmeyer, U. of Mannheim & MACCI João MONTEZ (London Business School) How Buybacks eliminate Opportunism in Vertical Contracting Discussant: Yaron Yehezkel, Tel Aviv University 15:15-15:30 Coffee Break

Parallel sessions IV 15:30-17:00 (A) Cartels and leniency II (B) Predation and Exclusion (C) Mergers Chair: Jochen Streb, U. of Mannheim & Chair: Thomas Tröger, U. of Mannheim & Chair: Volker Nocke, U. of Mannheim & Alexander GAIGL (Oxera) No Smoke without Fire? The Tobacco appeals Discussant: Jochen Streb, U. of Mannheim & Andras NIEDERMAYER (U. of Mannheim and ) Predatory Fee-Setting Discussant: João Montez, London Business School Florian GÖSSL, Achim Wambach (U. of Cologne) Mergers in Bidding Markets Discussant: Takakazu Honryo, U. of Mannheim & Carlo REGGIANI (U. of Manchester), Emilie Dargaud, Andrea Mantovani The Fight against Cartels: A Transatlantic Perspective Discussant: Antoine Chapsal, Universitat Pompeu Fabra Yossi SPIEGEL (Tel Aviv University), Konrad Stahl, Roy Shalem A Dynamic Model of Predation Discussant: Liliane Giardino-Karlinger, Università LUISS Guido Carli Nicolas SCHUTZ, Volker Nocke (U. of Mannheim and ), Holger Breinlich Cross-Border Price Effects of Mergers and Acquisitions - A Quantitative Framework for Competition Policy Discussant: Luis Cabral, New York University Tim REUTER (U. of Bonn) Why only some Firms apply for Leniency Discussant: Lily Samkharadze, U. of Mannheim & Liliane GIARDINO-KARLINGER (Università LUISS Guido Carli), Claudio A. Calcagno Collective Exclusion Discussant: Yossi Spiegel, Tel Aviv University José L. MORAGA-GONZÁLEZ (VU University Amsterdam & University of Groningen), Vaiva Petrikaite Search Costs, Demand-Side Economies and the Incentives to Merge under Bertrand Competition Discussant: Chengsi Wang, U. of Mannheim &

17:00-17:30 Closing Speech (Room Bruessels) William E. Kovacic, George Washington University, Washington D.C Multi-Function Competition Agencies Chair: Martin Peitz, University of Mannheim, CERRE & 17:30 Farewell Drinks and Pretzels The conference dinner is sponsored by Deutsche Telekom.