IBA Annual Conference Miami 2022
30 Oct - 4 Nov 2022
Room 208, Level 2
Session information
Antitrust’s role in addressing inequality
Tuesday 1 November (1115 - 1230)
Committee(s)
Antitrust Section
(Lead)
Description
Is market power at the root of wealth inequality? Can and should antitrust make an active contribution to combatting this inequality? Is it a suitable tool for redistributing wealth? If so, how can it best be used do so? Is concern about inequality a basis for aggressive antitrust enforcement in labor markets designed to raise wages, as some have argued? Is there a risk that this weakens its ability to play its key role of delivering low prices and high quality to consumers? What have been the results when this has been tried? Are competitive markets the surest path to more equality? Are there lessons here from the debate about antitrust’s potential contribution to climate change goals? The panel will debate the latest thinking on this issue, and review examples from jurisdictions that are in the vanguard of tackling inequality through antitrust.
Session / Workshop Chair(s)
Heather Pamela Mary Irvine | Bowmans, Johannesburg, South Africa; Publications Officer, Antitrust Section |
Youngjin Jung | Kim & Chang, Seoul, South Korea; Asia Pacific Regional Forum Liaison Officer, Antitrust Section |
Speakers
Dennis Davis | Former Competition Appeal Court Judge President, Cape Town, South Africa |
Diana Moss | American Antitrust Institute , Washington, District of Columbia, USA |
Madoka Shimada | Nishimura & Asahi, Tokyo, Japan |