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(How) should we regulate platforms and ecosystems? (by invitation only workshops)

27 February 2020鈥28 February 2020, 5:00 pm鈥6:00 pm

LBS, 香港六合彩中特网, World Forum

Organisers: 香港六合彩中特网 Centre for Law, Economics and Society in collaboration with London Business School and with the participation of the World Economic Forum - Project on Digital Platforms & Ecosystems

Event Information

Open to

Invitation Only

Organiser

香港六合彩中特网 Laws Events

Location

London Business School
Sussex Place
London
NW1 4SA

About this event

The aim of these two linked workshops (one, with key regulators and opinion leaders; and the other, also with the participation of the World Economic Forum鈥檚 Working Group on Digital Platforms & Ecosystems) is to discuss in an informal setting the issues raised by the development of digital economy and the rise of digital platforms and what would be the appropriate competition law and policy in this context. The goal is to bridge the work done in the regulatory community, and researchers interested in the role of law and regulation, with work done by those who study platforms, ecosystems and digital competition from the strategy side. The workshop also aims to link key regulators and representatives of the business community, in the inter-disciplinary spirit fostered by London Business School, 香港六合彩中特网鈥檚 Centre for Regulation, and the World Economic Forum, which brings select members of its working group on Digital Platforms and Ecosystems, part of the Digital Transformation Initiative. This event has been generously jointly funded by London Business School鈥檚 Knowledge Exchange initiative and 香港六合彩中特网鈥檚 Centre for Law, Economics and Society. The workshop will culminate in a White Paper, and this discussion will also inform seven invited papers, which will appear in a Special Issue on regulatory challenges for a digital world in Industrial & Corporate Change.

Organised by Michael G. Jacobides (London Business School), Ioannis Lianos (Hellenic Competition Commission/香港六合彩中特网),听 Despoina Mantzari (香港六合彩中特网).

The Programmes - 27 February 2020

Meeting for Regulators and Senior Academics -听 Strictly by invitation only

Organised by London Business School and 香港六合彩中特网

This meeting is reserved strictly for the senior regulators and academics as well as one or two representatives of the WEF鈥檚 Digital Platforms & Ecosystems鈥 Initiative Steering Committee members. This event, which is intentionally kept for a very small, select group is an opportunity to engage in a candid conversation on some of the key topics that regulators and opinion leaders have to address. There will be three short sessions, with brief presentations followed by moderated discussion, meant to continue over drinks and dinner. We will also have two brief dinner keynote speeches.

17.00 Registration and tea

听17.15 Welcome and introductions
Michael G Jacobides, LBS;听 Ioannis Lianos, 香港六合彩中特网 / President, Hellenic Competition Commission; and Deni Mantzari, 香港六合彩中特网

17.20 The end of markets and market definition? How should competition law deal with the assessment of anticompetitive effects in digital markets?
For this, and all subsequent sessions of the 27th, we will have a brief position from each speaker (6 minutes) followed by a discussion between the participants.

Chair: Alberto Heimer, Scuola Nazionale dell鈥橝mministrazione.
Presenters: Cristina Caffarra, CRA;听 Annabelle Gawer, U of Surrey; Damien Geradin, 香港六合彩中特网/Tilburg; Geoff Parker, Dartmouth; Martijn Snoep, Netherlands Authority Chairman; Henri Piffaut, Vice-President French Competition Authority; G枚nen莽 G眉rkaynak, 香港六合彩中特网/ELIG; Tembinkosi Bonakele, South African Competition Commission/香港六合彩中特网.

18.30 The nascent regulatory narrative(s). What should be next?
Chair: Frederic Jenny, Chair, OECD Competition Commission
Participants: Jacques Cremer, Toulouse; Yves-Alexandre de Montjoye, Department of Computing, Imperial College London; Ioannis Lianos, 香港六合彩中特网/ HCC President; Andrew McLean, 香港六合彩中特网; Wolfgang Kerber, Marburg U; Eliana Garces, Director for Policy, Facebook; Rahmyn Kress, Founder HenkelX Ventures; Steering Committee, WEF Digital Platforms & Ecosystems*; Mark Spelman, Head of Thought Leadership, WEF听

19.45 Dinner keynote address

Dinner Keynotes: Pierre Regibeau, Chief Economist, European Commission: keynote title tbc
Marco Iansiti, Harvard Business School: Regulatory challenges in a world of platforms & AI

In between courses, we will hear from two distinguished speakers on the opportunities and pitfalls of regulating digital endeavours, and in particular platforms & ecosystems and AI.

The Programme - 28 February 2020

(How) should we regulate Platforms & Ecosystems? Competition Law and Policy in Digital Economy
Organized by London Business School and 香港六合彩中特网; Supported by the World Economic Forum

This meeting, co-sponsored by the London Business School and 香港六合彩中特网 and supported by the World Economic Forum (and its Digital Transformation Programme, initiative for Digital Platforms & Ecosystems) is strictly by invitation. It brings together senior regulators and policy makers, academics and thought leaders, and practitioners, who meet under Chatham House rules to discuss key topics and help shape a White Paper that provides a conceptual roadmap and suggestions on ways forward. It will combine cutting-edge presentations with group discussion and interaction.

Workshop Schedule

8.00 鈥 8.30听 Registration and coffee

8.30 Welcome and introduction for the day
Cristian Citu, WEF, Michael G Jacobides, LBS, Ioannis Lianos, 香港六合彩中特网/HCC

8.45 What are the challenges of competing in platforms and ecosystems? Implications for Competition Law & Policy This session will consist of brief presentations from some of the key contributors in this debate, who, drawing from their research and engagement with firms, will provide a summary of the main changes to the economy and the challenges in maintaining a level playing field. Their presentations (summarized in a few brief slides) will be no more than 8 minutes, with two 4 minute commentaries from practitioners, leaving over 25 minutes for open Q&A.听听

  • Michael G Jacobides, LBS (co-author, w A Sundararajan and M van Alstyne, of the WEF White Paper on Digital Platforms & Ecosystems, 2019).听
  • Geoff Parker, Dartmouth & Marshall van Alstyne, BU/MIT (co-authors, with S. Choudary, of 鈥淧latform Revolution鈥 Norton Press, 2016.)听
  • Marco Iansiti, Harvard Business School (co-author, with K. Lakhani, of 鈥淐ompeting in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World鈥, HBS Press, 2020)
  • Annabelle Gawer, U of Surrey (co-author, with M. Cusumano & D. Yoffie, of 鈥淭he Business of Platforms: Strategy in the Age of Digital Competition, Innovation, and Power鈥, MIT Press, 2019)

Commentary from practice: Martin Reeves, Chairman of BCG Henderson Institute, Benedict Evans, and Cristina Caffara, President, CRA

Moderated by Frederic Jenny, Chairman of the OECD Competition Commission

10.05 Coffee Break

10.20 Are the regulatory tools and frameworks fit for digital purpose? Tackling platform & ecosystem players and power-- and the validity of our approach

This session will also consist of brief presentations, no more than 7 to 8 minutes, and even briefer commentaries, to enable significant time for conversation with workshop participants- of over 20 minutes, to ensure a good level of interaction. Presenters include:

Amelia Fletcher, Non-Executive Director of the Competition and Markets Authority听and Non-Executive Director of the Financial Conduct Authority and Payment Systems Regulator (co-author of the Furman Report 鈥楿nlocking Digital Competition鈥, 2019)

  • Jacques Cremer, Professor of Economics, Toulouse School of Economics (co-author of the 鈥楥ompetition Policy for the Digital Era鈥 Report for the European Commission, 2019)
  • Oliver Bethell, Director, EMEA Competition, Google
  • Ariel Ezrachi, Oxford U (author of 鈥淰irtual Competition鈥) (co-author of the Stigler Centre Report, 2019)
  • Tommaso Valletti, Imperial Business School (former Chief Economist, EU DG Competition)

Commentator: Vanessa Turner (Senior Advisor, BEUC), Martin Schmalz, (Sa茂d听Business School, Oxford and co-author of 鈥淭he Business of Big Data: How to Create Lasting Value in the Age of AI鈥)

Moderated by Cristina Caffara, President, CRA

11.45 Break-out groups: What are the key issues with digital competition and regulation of platforms & ecosystems in our sectors?

This session will allow participants to sit in non-designated tables, roughly along industry lines, to help provide a bottom-up view of what are the main issues that participants identify, to be debriefed after the networking lunch. Groups will follow sectoral lines.听

Discussion leaders:听

  • Mark Cliffe, Chief Economist, ING (Group focus: Financial Services);听
  • Kunal Sachdeva, Executive Director, Microsoft (Group focus: Tech);听
  • Carsten Linz, CDO, BASF (Group focus: Industrials);听
  • Evangelos Avramakis, Head of Ecosystem Research, SwissRe (Group focus: Healthcare);听
  • Nicolas Verschelden, Head of Digital Innovation, AB-InBev (Group focus: B2C/FMCG);听
  • Niama El Bassunie, CEO, WaystoCap (Group focus: others, focus on developing world)

12.30 鈥 13.30 Networking Lunch (Garden Room)

13.30 Group debrief: Issues with regulating the digital economy- bottom-up
Presentation by the discussion leaders with a 4 minute recap of discussions in their groups 鈥 and areas of focus听

14.00 Deep-dive: Rethinking the future of mobile, platforms and data

This session will provide a specific illustration which is both very important, and at the foundation of further potential changes, looking at the challenges in a specific sector which will continue to be at the focus of policy and strategy interest. Participants will give a brief set of thoughts (of no more than 5-6 minutes) to allow for an interactive discussion. Participants:

  • Wolfgang Kerber, Marburg U
  • Yves-Alexandre de Montjoye, Department of Computing, Imperial College London
  • Damien Geradin, Tilburg University听& 香港六合彩中特网, Geradin & Partners
  • Eliana Garces, Policy Director, Facebook听
  • Fabian Biegel, SAP/GaiaX
  • Martin Creaner, former CEO TM Forum

Moderated by Michael G. Jacobides, LBS

14.50 Coffee break

15.10 The perspective from the Regulators/Judges: Challenges in re-shaping the field
This panel will leverage the presence of senior representatives of the European regulatory establishment (but also of representatives, in the room, of other jurisdictions such as the USA), and they will each provide their sense of challenges before engaging in a discussion both among the panel and with the audience (for a minimum of 15 minutes).

  • Jacques Steenbergen, President of the Belgium Competition Authority
  • Martijn Snoep, Chairman of the Netherlands Authority for Consumers and Markets
  • Henri Piffaut, Vice-President French Competition Authority
  • Simeon Thornton, Director, Competition and Markets Authority (CMA)
  • Frederic Jenny, Chairman of the OECD Competition Commission
  • Simon Holmes, Competition Appeal Tribunal

Moderated by Ioannis Lianos, President, Hellenic Competition Commission

16.20 Stretch break

16.30 Reshaping the competitive field for the digital era: Key questions for the future - and the White Paper on managing competition given platforms & ecosystems

This session will include three parallel discussions, where participants, who will self-select their group, will consider three different sets of topics:听

Group 1: What are the new principles to consider for the Digital Economy? How can we enshrine the role of Neutrality, Interoperability, Portability and beyond?
Discussion starter: Michael G. Jacobides, LBS vs Eliana Garces, Policy Director, Facebook (corporate voice). Discussion leader Cristian Citu, WEF; Rapporteur: Mark Spelman, Head of Thought Leadership, WEF听听

Group 2 : How should we revisit M&A activity and the role of 鈥渒iller acquisitions鈥, or acquisitions that reshape platform power?
Discussion starters: Tommaso Valletti (regulator voice); Felix Staeritz, FoundersLane (corporate voice). Discussion leader: David Lancefield, PwC; Rapporteur: Annabelle Gawer, Surrey

Group 3: Should we break them up? Institutions and remedies for the digital economy
Discussion starters: Ioannis Lianos, Chairman, Hellenic Competition Commission/香港六合彩中特网 (regulator voice); Lenny Stein, Splunk (corporate voice). Discussion leader: Martin Bruncko, Stream Capital (former Alternate Finance Minister and Research & Innovation Minister, Slovakia; former WEF Head for Europe); Rapporteur: Simon Torrance, Platform Economy Summit.

17.20 鈥 17.50 听 Synthesis of breakout groups and concluding comments

17.50 鈥 18.00 听 Next priorities for World Economic Forum, Mark Spelman, WEF

18.00 鈥 19.00 听 Reception