Chillin'Competition

Relaxing whilst doing Competition Law is not an Oxymoron

Archive for the ‘Life at University’ Category

A stupid post

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You already know this trick: busy days= attempts at light funny or stupid posts. Today’s post isn’t particularly funny, but it sure is particularly stupid. Even though it’s not prima facie related to competition law, I’m sure that you’ll be able to find it of practical application to your law firm, competition authority, university or psychiatric institution (to name only the four organizations from which we get more readers):

A couple of Swedish professors (M. Alvesson and A. Spicer) have recently published an article titled A Stupidity-Based Theory of Organisations in which they develop the concept of “functional stupidity” and conclude that organizations with too many smart individuals risk being disfunctional.  Their article has been discussed in other places like Fortune or New Scientist, where it was originally published.

The authors posit that stupidity boosts productivity, streamlines things in an effective manner, facilitates consensus, conveys respect for hierarchy, fosters a culture of commitment and effort, and that it can even help you (no offence;  I didn’t mean you, I meant the stupid at issue..) get a promotion faster (the argument supporter the latter being that bosses would not promote their most useful assistants because they couldn’t do without them).

The theory also goes that people who try to make sure that everyone notices how smart they are are likely to do worse than those who hide their intelligence (a troubling thought for many of us show-off  lawyers). Likewise, places where people tend to believe they are clever are, according to this theory, quite inefficient (I wonder whether profit per partner ratios confirm this intuition)

Interestingly, the Fortune piece discussing this article and the benefits of stupidity concludes with a reference to Google’s simple and functional user interface (as already anticipated a few times, whether Google’s UI will be smartened up or made more complex thanks to DG Comp will be discussed in our upcoming comments on Google’s commitments; but don’t take my word for it, a couple of years ago we also committed to hold a Chillin’Competition conference and, well…).

For more on stupidity, check out Cipolla’s masterpice on The Basic Laws of Human Stupidity.

P.S. If you ask me, whereas there may be some logical basis and abundant practical evidence for some of this “functional stupitidy” theory, holding it as true would be a bit stupid, and, as most things stupid, quite dangerous.

Written by Alfonso Lamadrid

7 May 2013 at 5:25 pm

ECJ’s ruling on France Telecom’s State aid case (Joined Cases C-399/10 P and C-401/10 P)

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Note by Alfonso: As some you may have noticed, I’ve taken an unusually long blogging break from which I’m now back. As every time I’m out of combat, Pablo Ibañez Colomo (who, by the way, has recently been fast-track tenured -major review- at LSE and has just received a major review teaching prize; congrats!) comes up with a replacement post that’s better of what I would’ve written (we have a luxury bench at Chilin’Competition…). A few days ago Pablo sent us this post on France Telecom that we(I)’ve been slow to publish due to the easter holidaus and to to the frenchy’s posting frenzy 😉 We leave you with Pablo:

Some readers wll remember that during my short-lived tenure as a substitute blogger a few months ago, I wrote about a pending State aid case involving France Telecom. I guess that at least a fraction on those readers will be interested in knowing that the Court of Justice delivered its Judgment in the case on 19 March.

Unsurprisingly, the judgment is in line with AG Mengozzi’s (very sensible) opinion. The General court annuled the Commission’s decision on grounds that the Commission had not identified a clear link between the advantage deriving from  a shareholder loan offer in favour of France Telecom and the State resources allegedly involved by virtue of the measure. As I argued in my previous post, the Court of Justice takes the view that the General Court’s interpretation of Article 107(1) TFEU would leave outside the scope of the provision measures suh as guarantees departing from market conditions (see paras 107-111). Such measures do not immediately place a burden on the budget of the State, but a ‘sufficiently concrete risk of imposing an additional burden on the State in the future‘. According to the Court, it is sufficient to identfy such a ‘sufficiently concrete risk‘ for State aid rules to come into play.

The broader picture is aguably more interesting than the outcome of this case. As I mentioned in the previous post, the Court of Justice has sided with the Commmission (thereby departing from the analysis of the General Court and the theses advanced y Mmember States) in some key cases revolving around the notion of selectivity. France Telecom, arguably the single most important case of the past years on the notion of State resources, seems to confirm this trend. The old principles of Article 107(1) TFEU case law, if anything, seem more solid following these high-profile disputes

Open Academic Position in IP and Innovation Law – University of Liege School of Law

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Logo LLM

Come work with me :)!

The University of Liege School of Law and Political Science is opening a part time academic position – 65% of a FTE – in the field of Innovation and Intellectual Property Rights. Appointments will be effective as of 1st October 2013.

This position may be split into two academic positions, and give rise to two distinct appointments (respectively covering a 50% part time position and a 15% part time position).

This appointment is for an initial duration of 5 years (max), and may subsequently lead to a definitive appointment (at the earliest after 3 years).

The 65% part time academic position covers:

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Written by Nicolas Petit

18 March 2013 at 5:50 pm

Posted in Life at University

On the road again

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Yesterday again, I found myself pondering: how did I get so busy?

Sure, my lawyer friends would find my schedule laughable. And a bunch of them have actually told me they envy my freedom, and the time I spend abroad.

Yet, all the commuting my activities involve is beyond reason. Take a look:

  • Monday: Paris, Brussels, Liege, Brussels (roughly 600 kms)
  • Tuesday: Brussels, Lille, Brussels (approx. 300 kms)
  • Wednesday: Brussels, Liege, Brussels (approx. 220 kms)
  • Thursday: Brussels, Luxemburg, Brussels (approx. 420 kms)
  • Today: Brussels, Liege, Brussels (approx. 220 kms)

All this by car, of course, meaning that I have (i) spent a fortune in oil; (ii) significantly harmed the environment; and (iii) been away from my computer for long hours (this is the excuse for the low posting frequency lately).

Sandwiched into those insane hours on the road, I have had to teach for 15 hours,  to deal with a raft of organisational issues (we have a conference on antitrust fines on Monday), and to prepare a talk on the June Microsoft compliance case (I attach the presentation at the end of this post).

The bottom-line: some days I happen to dream about a teaching position in Brussels.

Présentation – Microsoft Compliance Case – EIPA Annual Conference

Written by Nicolas Petit

30 November 2012 at 8:08 am

Posted in Life at University

Some very personal views on the College of Europe

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Every time we meet for the first time a reader of this blog, we get the question of how Nicolas and I met. Most people guess we studied together at the College of Europe, but that’s not the case. In fact, next weekend Nicolas will be celebrating the 10th anniversary of his promotion, whereas  last weekend I celebrated the 5th anniversary of mine (I´m not used to telling the truth here; people often assume that I was there much longer ago –which doesn’t say much about my juvenile looks..- and I always fail to tell them wrong).

With all these current commemorations it seems like an appropriate moment to share some of our views on the College, an institution which elicits all kinds of reactions from different people [an illustration of those reactions: a recent book titled “Intimate Brussels” characterizes alumni of the College of Europe as the evil characters in Brussels and profiles them/us as a much hated secret society (!)]

This post is not entirely competition law-related and we don´t want to bore you, so click here if you’re interested on this long story:

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Written by Alfonso Lamadrid

18 June 2012 at 7:30 pm

And the winners are….

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Concurrences and George Washinton Law School presented their Antitrust Writing Awards on Tuesday night in D.C.

The list of winners is available here.

Bill Kovacic was in charge of announcing the winners. We weren’t there, but we can imagine him saying something like: “And the  award to the best academic paper on unilateral conduct goes to…….. Nicolas Petit, for “Credit Rating Agencies, the Sovereign Debt Crisis and Competition Law!l

Yep, Nicolas is the proud winner of the award to the best academic article on unilateral conduct. His piece was also the most publicly voted one (the readers of this blog probably have something to do with that, so thanks on his behalf).

I want to congratulate not only Nicolas, but also all other winners as well as all the authors of all the other articles that had been selected for the competition.

Moreover, we want to congratulate the organisers: Concurrences (in the person of Nicolas Charbit) and George Washinton Law School. The creation of these awards is a fantastic initiative; we hope that they’re here to stay.

A few non-politically correct comments now:

1: To a certain extent Nicolas deserves credit for this prize. Nonetheless, any impartial observer should rapidly realize that I -in my capacity as the manager of Nico’s brilliantly conceived campaign– am the one responsible for his victory.. 😉 We’ll ask a credit rating agency who deserves more credit  (wow, this is incredibly bad even for my standards…).

2: The picture illustrating one of our “campaign” posts was premonitory.

3: This must be the first time in a decade or so that a Frenchman wins any competition (except, certainly, for this one) 😉  In fair reciprocity (some background here), I -as a Spaniard- should write a piece hinting that Nicolas owes his victory to doping (which, by the way, was definetely the case since he finished it during a trip to Scotland; this is how his desk must have looked like).

4: How much sense does it make for a paper on “collective” dominance to be awarded the prize to the best article on “unilateral” conduct??   Just kiddin’ here: the core of the paper apparently deals with individual abuses of collective dominance, so it makes perfect sense.

5: You caught me: I just wrote “apparently”. I guess I’ll now have to read  Nicolas’ paper.

P.S. One suggestion for the organizers of the Writing Awards: since client alerts and articles published in newsletters are elegible for the prizes in the “Business” category, why not extend it to blog posts? We also need incentives to compete!

Written by Alfonso Lamadrid

29 March 2012 at 9:43 am

The vertical expression of a horizontal desire

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A few days ago someone sent us a very interesting piece published by Okeoghene Odudu (who is also the author of a great book on Art. 101) in European Competition Journal (August 2011) under the title: “Indirect Information Exchange and the Constituen Elements of Hub and Spoke Collusion“.

Although we have enjoyed the substance of this article, the reason why it was sent to us in the first place was not its content but rather a particular footnote at the very end of it. It reads as follows:

“187.  In his blog posting of 21 February 2011, Nicolas Petit expressed the view that there was nothing worthy of analysis in the hub-and-spoke phenomenon and concluded by writing, “The bottom-line: I will fight any proposal to organise an event on hub-and-spoke agreements. See https://chillingcompetition.com/2011/02/21/much-ado-about-nothing/.”

[*Note by Alfonso: The original post features a smiley face like this :) right after this quoted statement. The face is nevertheless missing in the quote that appeared in the article. It’s a pity, because it would have been funny to see the smiley appear in European Competition Journal!].

However, by 24 May 2011 he seems to have had a conversion, announcing that, through the Brussels School of Competition Law, he had co-organised a seminar on information exchange, to deal in part with “Sharing Information through Intermediaries (supply-purchase relationships, distribution agreements, meet and release clauses, hub-and-spokes, etc)”. See https://chillingcompetition.com/2011/05/24/information-exchange-in-eu-competition-law-conference-22-june/

We were surprised at this footnote (since we don’t always take what we write seriously, it’s curious to find out that people do), which nonetheless expresses a very legitimate opinion.

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Written by Alfonso Lamadrid

28 March 2012 at 5:02 pm