The Federal Trade Commission held the eighth session of its Hearings Initiative with a one-day hearing at the New York University School of Law in New York City on December 6, 2018.
This is a video recording of:
- Remarks by FTC Commissioner Rohit Chopra
- Presentations on Common Ownership: Daniel P. O’Brien, Compass Lexecon; and Martin Schmalz, University of Michigan Ross School of Business
- Panel discussion: Theories of Competitive Harm from Common Ownership
- Einer R. Elhauge, Harvard University Law School
- Scott Hemphill, New York University School of Law
- Menesh S. Patel, University of California, Davis, School of Law
- William H. Rooney, Willkie Farr & Gallagher LLP
- Fiona M. Scott Morton, Yale University School of Management
- Panel discussion: Econometric Evidence of Competitive Harm from Common Ownership
- Christopher Conlon, New York University Stern School of Business
- Serafin J. Grundl, Federal Reserve Board
- Daniel P. O’Brien, Compass Lexecon
- Nancy L. Rose, Massachusetts Institute of Technology Department of Economics
- Martin Schmalz, University of Michigan Ross School of Business
The day’s panels examined concerns that acquisitions and holdings of non-controlling ownership interests in competing companies, for example by institutional investors, may have anticompetitive effects.