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New Horizons for Competition Law: CBDC, and Merger Issues

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This panel will discuss issues emerging from these two cutting edge areas of competition law and policy.

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Digital developments necessitate rethinking traditional tests and concepts in competition law. Much has been written about how the best outcomes can be achieved in the digital environment.

This session focuses on two important areas. Merger analysis depends on a difficult forward-looking test which is complicated by the nature of dynamic digital markets and Dr Rhonda Smith will address this issue. Globally, nations are exploring the potential of central bank digital currency (CBDC) which will revolutionise banking and commerce. Competition issues are inextricably linked to CBDCs at local and international level. Professor Liyang Hou, Dr Rhonda Smith and Professor Deborah Healey will discuss different aspects of competition and CBDCs.

This panel will discuss issues emerging from these two cutting edge areas of competition law and policy.

Moderator:

Professor Deborah Healey

Deborah Healey is a Professor at UNSW Law and a Director ot the Herbert Smith Freehills China International Business and Economic Law Centre. She is also a member of the Centre for Law, Markets and Regulation. Her research and teaching focus on competition law and policy in Australia, China, Hong Kong and the ASEAN nations and she has written widely in them over a long period of time. She is a regular visitor to those jurisdictions to research and teach. Within the area of competition law, she is particularly interested in the role of government in the market, both in Australia and internationally; merger regulation; competition in banking and finance; and the digital economy. Deborah has undertaken substantial research in the development of the Anti-Monopoly Law of China against the background of its political economy and has written widely alone and with Chinese co-authors and in material translated into Chinese. She has consulted with, and completed research projects for, UNCTAD, OECD and ASEAN, She is a Non-Government Adviser to the International Competition Network and a member of the Law Council of Australia Competition Law Committee.

Speakers:

Dr Rhonda Smith

Rhonda Smith is a Senior Lecturer in the Economics Department at the University of Melbourne. From November 1995 to November 1998 she was a Commissioner with the Australian Competition and Consumer Commission. She was also a member of the Federal Government's Copyright Law Reform Committee (1995 to 1998) and is currently a member of the Copyright Tribunal and a lay member of the High Court of New Zealand. Rhonda has acted as an expert witness in a number of Trade Practices cases, has advised firms in relation to trade practices issues and provides training in relation to the economics of trade practices, including to the ACCC.

Professor Liyang Hou

Liyang Hou is Professor of Competition Law at KoGuan Law School, Shanghai Jiao Tong University (Shanghai). He obtained his PhD of law from Katholieke Universiteit Leuven. Liyang’s research interest covers a variety of legal domains, such as competition law, Internet regulation, telecom regulation and economic analysis of law. He has published about 10 books and more than 60 academic articles in academic journals.

Professor Deborah Healey

The agenda will be released soon. If you have any questions, please contact us at  cibel@unsw.edu.au or vist our website.

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Organiser of New Horizons for Competition Law: CBDC, and Merger Issues

UNSW Law & Justice’s Herbert Smith Freehills China International Business and Economic Law (CIBEL) Centre is the largest centre in this field outside China. It is a long term strategic initiative to further develop research strength in international business and economic law of relevance to China, and UNSW Law & Justice was ranked the 14th best law school globally in the QS World University Rankings by Subject 2019. With a core group of international economic law scholars, each among the top in their fields, the Herbert Smith Freehills CIBEL Centre is the world’s leading centre outside China for the study and teaching of CIBEL matters. The Herbert Smith Freehills CIBEL Centre also researches and teaches about CIBEL matters directly relevant to the Australia-China international economic law relationship.

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