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The MSBA's Antitrust Section Presents

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Direct Evidence of Anti-Competitive Harm:
The Expanding Role of Economics

Antitrust liability in the US and Europe is increasingly based on direct evidence of harm to consumers rather than on indirect evidence of market shares that are likely to harm consumers. In merger cases, for example, courts and regulators are increasingly relying on direct evidence that post-merger prices will increase. Professor Froeb will illustrate the two main methodologies used to provide evidence of anticompetitive effects, “natural experiments” vs. “structural modeling,” using examples from recent cases. He will focus on how economists use data to prove causality in legal proceedings and offer advice on how lawyers can better “manage” economic experts. Professor Froeb will also discuss the application of similar economic principles and methods to other areas of the law, like intellectual property and commercial litigation.

Speaker:

Professor Luke M. Froeb 
Professor Froeb served as Director of the Bureau of Economics at the Federal Trade Commission for two years where he managed over a hundred civil servants dedicated to tearing down barriers to competition (often erected by well-meaning bureaucrats), in addition to enforcing the antitrust and consumer protection laws of the United States. In July 2005, Professor Froeb returned to Vanderbilt University where he holds the William Oehmig Chair of Entrepreneurship and Free Enterprise. Professor Froeb now divides his time between teaching, writing, and consulting on management and antitrust issues. He was voted outstanding professor of the 2005-2008 of the executive MBA program by his students, and the third edition of his textbook, Managerial Economics: A Problem-Solving Approach will be published in 2013 by Cengage.

Lunch will be provided. Teleconferencing and webcasting is available.

1 hour of Standard CLE credit approved.
The event code is 176060.

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Details:

Date:   Thursday, February 21, 2013

Time:   Noon to 1:30 p.m.

Lunch will begin at Noon, followed by the CLE program at 12:15 p.m.

Location: MSBA Offices, 600 Nicollet Mall #380, Minneapolis, MN 55402 

Cost:

Antitrust Law Section Member:  $25.00

MSBA Member but not an Antitrust Law Section Member: $30.00

Join the Antitrust Law Section and attend this meeting for FREE (You must be a current MSBA member but not a section member. Pay the 12-month dues and your section membership will be valid thru June 30, 2014.): $27.00

Non-MSBA Members:  $35.00

Law Students:  Free

Teleconferencing and webcasting is available. Instructions will be sent by e-mail on Wednesday, February 20. Due to Presidents' Day, registrations must be received no later than Friday, February 15 in order to receive the instructions.

Cancellation Policy:
Refunds will be processed for cancellation requests received in writing on or before noon on the registration deadline. Requests should be directed to the event contact person listed at the bottom of this notice. Cancellation requests received after this time are not eligible for refunds. You may send a colleague in your place if you are unable to join us and the registration deadline has passed.