NERA has one of the largest in-house teams of economists in the economic consulting world. Our Global Antitrust and Competition Practice employs more than 100 professional economists in offices in North America, Europe, Asia, and Australasia. Clients value our reputation for objectivity, which is based on our expertise and insights from backgrounds in academia, business, and enforcement agencies, and our decades of experience working closely with antitrust and competition authorities around the world.NERA’s antitrust experts employ a combination of economic theory and the latest quantitative techniques, grounded in a thorough understanding of market facts, to provide theoretical and empirical economic analysis and testimony in matters involving mergers and acquisitions, antitrust litigation, and competition policy. We analyze the entire range of economic issues that arise in antitrust cases, including market definition and market power, market structure and entry conditions, and pricing and other conduct affecting competition, profitability, and damages.

The Winter School will help practitioners address questions such as: what is meant by dominance? What economic benefits is competition supposed to produce? How does one define the relevant product and geographical market? Some of the topics include:

Regulating Markets through Competition Law & Policy.
Oligopoly & Game Theory.
Economics of Exclusionary Behavior.
Collusive Behavior & Cartels Detection.
The Economics of Unilateral Effects.
Economics of Exploitative Practices.
Economics of Network Industries & Platform Markets.
Economics of Mergers & Merger Simulation.
Quantitative techniques in Competition Analysis.
Monopoly, Leveraging, and Predatory Pricing.

Specially designed course material will provided which will be include detailed presentations, explanatory readings and latest case studies.

a. Legal Practitioners, Competition Lawyers and Law Firms
Designed especially for lawyers, the course tends to explain the economics in a language the lawyers can understand. From a legal practitioner’s perspective, it is vital to understand and assess the relevance and rigour of the economic analysis so as formulate a strategy regarding specific case. This could include identifying whether the data employed and empirical approach in economic analysis is appropriate, and ascertaining the consistency of assumptions used in economic models with characteristics of industry/sector. The economic concepts and methodical techniques that lawyers working in mergers and competition cases need to know will also be discussed.

b. In-house Counsels at Corporate Entity
This course will help the corporates to understand the economics of competition law in a better way, which will help them to device policies to better their services and products in order to have a better footing in the market while in compliance with law.

c. Competition Authorities and Regulatory Affairs Officials
They will be able to better understand the competition economics and will be well equipped to deal with the competition cases. The applied concepts to be discussed during Winter School will help regulatory officials devise better regulatory approaches in their respective sectors so as to develop a competitive framework.

d. Economic Consultancies
Practitioners working with economic consultancies and economists will get a chance to learn the contemporary literature and will also learn from the top practitioner’s ways to identify and apply best economic model suited to a specific industry.

e. Representatives from Government and International Organisations
The course can prove beneficial for them and help them in understanding the issues related to competition law and policy in India and best international approaches to effectively deal with such situations.

f. Researchers in area of Law, Economics, and Management
The course will teach them the economics behind various tenets of competition law and provide them opportunities to interact with the pioneers in this field. This will equip them with better legal and economic tools to analyse contemporary debates in an informed manner.