Description
Fide holds this session via the ONLINE platform Microsoft Teams. In order to attend it is essential to request your assistance through the AreaFide platform*.

Some sessions of this serie of sessions will be held in English and others in Spanish.

IMPORTANT
The session will be held in English.

Panellist:

  •  Michal GAL, Professor and Director for the Center for Law and Technology, University of Haifa, Israel.

Moderator:

  •  Jorge PADILLA, EMEA Chair, Compass Lexecon. Member of Fide’s Board of Trustees and Chair of Fide’s International Academic Council.

Objectives of the serie of session:

Our world is digital, our economy is digital, our children live immersed in a digital world, and this digital world has so far functioned with little or no regulation, despite the risk of cyber-attacks, the proliferation of false information and conspiracy theories, the constant violations of privacy, the exposure of children to violent and pornographic content, etc.

How do we respond to all these challenges without negatively affecting innovation or excessively restricting freedom of expression? In this series we have invited some of the people who have spent the most time and effort thinking about these issues.

We want to listen to them, ask them questions and reflect with them with the ultimate aim of contributing to making the digital world a more welcoming, more habitable world, where the law of the strongest or the most rogue does not prevail. A world that reflects and respects the values of the physical world that we have been building since the dawn of the Enlightenment.

Objectives:
Algorithms, especially those based on artificial intelligence, play an increasingly important role in our economy. They are used by market participants to make pricing, output, quality, and inventory decisions; to predict market entry, expansion, and exit; and to predict regulatory moves. This game-changing switch to (semi-)automated decision-making has the potential to reshape market dynamics.

The talk demonstrates how such algorithms can exacerbate anti-competitive conduct with respect to both unilateral and coordinated effects. Towards this end, seven scenarios are explored: collusion, oligopolistic coordination, high unilateral prices, price discrimination, predation, selective pricing (in which a buyer offers a higher price to some suppliers in an aggressive bid for an input), and reducing the interoperability of datasets.

For each scenario, we analyze how the market conditions necessary for such conduct are affected by algorithms.
The ability of competition law to deal with such effects is then explored…

Click here to read Michal Gal’s most recent papel.

Methodology: The dynamic of the session will respect the usual rules of Fide and the participation and interaction of the speakers and attendees as well, making only the changes required for its celebration on line. All sessions organized at Fide are convened under the Chatham House Rule, participants have the right to use the information they receive, but neither the identity nor the affiliation of any other participant may be revealed.

Schedule: The session will be held from 4.00 to 5.30 pm
The time shown is adjusted to the time zone of Peninsular Spain (Balearic Islands included). To check your time zone difference, please visit this link: www.timeanddate.com.

Location: Plataform Microsoft Teams.

* Check registration conditions.

Direction of Foro Odisea siglo XXI

  •  Mariano BACIGALUPO SAGGESE, Professor of Administrative Law (UNED) and Director of the CNMV. Fide Academic Advisor
  •  Álvaro LOBATO LAVÍN, Lawyer. Magistrate (On leave). Co-founder and Board member of the Fide Foundation.
  •  Jorge PADILLA, EMEA Chair, Compass Lexecon. Member of Fide’s Board of Trustees and Chair of Fide’s International Academic Council.

Do you have any questions?

Contact the academic coordinators of the session directly with your doubts.

We will reply to you as soon as possible.

Imagen Coordinadora
Lucía Hernández Sánchez
Imagen Coordinadora
Victoria Dal Lago Demmi

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