14333 Business Strategy and Competion Policy
The purpose of the course is to provide an interactive learning experience that highlights the economic, legal and policy foundations of competition law, especially focusing on monopolization and merger policies. The course consists of both lectures and student participation. Through this experience a number of specific benefits result. First, at a very general level, students gain an enhanced understanding of when markets work and when markets fail. This deeper understanding of markets, in turn, provides the relevant benchmark against which to judge appropriate and inappropriate government policies toward business. Second, a more specific set of benefits flow from a detailed study of antitrust and regulatory policies. These policies shape industry structure and, therefore, strategy in many industries. Specific examples include recent and lively debates in the United States and around the world regarding mergers, monopolization, competition policy in high-tech industries as well as new debates and tensions in competition policy in the U.S and Europe. Finally, the specific cases discussed focus on active and visible "new economy" industries. An improved exposure to these industries enriches and broadens business knowledge.
Prof. John Mayo
Professor of Economics, Business and Public Policy
McDonough School of Business, Georgetown University
Duration: 5 until 15 August 2019
Place: Faculty of Business and Economics, Peter Merian-Weg 6
Monday, 5 August 2019, 14.00-16.30
Tuesday, 6 August 2019, 14.00-16.30
Wednesday, 7 August 2019, 14.00-16.30
Thursday, 8 August 2019, 14.00-16.30
Monday, 12 August 2019, 14.00-16.30
Tuesday, 13 August 2019, 14.00-16.30
Wednesday, 14 August 2019, 14.00-16.30
Thursday, 15 August 2019, 12.30-15.00
Grades for the course will be determined as follows:
- individual in-class participation (20%)
- group assignment (30%)
- final exam (50%)
date of final exam: 19 August 2019, 16:15.
Solid understanding of business and economics on the BA level.
In addition, the following courses on the Master level will prove complementary to (but are not required) for this course:
Industrial Organization, 41904
Advanced Industrial Organization (Fortgeschrittene Industrieökonomie, 10623)
Economic Theory of Policy (Ökonomische Theorie der Politik, 15965)
For further information please contact the Summer School office.