Jurjen Kamphorst, Senior Economist at the Chief Economist’s Office of The Netherlands Authority for Consumers and Markets (ACM), recently gave a guest lecture on competition policy and merger control to master students of Erasmus School of Economics.
Kamphorst was invited by Associate Professor Dana Sisak, who teaches the course Industrial Organisation to students in the Master specialisation programmes Economics of Markets & Organisations, Policy Economics and International Economics.
Key components of economic regulation
In his lecture, Jurjen Kamphorst explained when and why market power is problematic and thus competition policy is needed. Competition policy and merger control are key components of economic regulation, designed to ensure that markets remain competitive and efficient. Kamphorst then went into details by explaining using economic intuitions why horizontal mergers are typically more problematic than vertical mergers. Overall, he nicely illustrated how economic thinking and modeling is usefully applied in practice.
Before joining the ACM two years ago, Jurjen Kamphorst was employed by Erasmus School of Economics for almost 14 years. His research has covered a wide range of applied micro topics, covering social networks, law and economics, competition policy, industrial organisation, personnel economics, crime economics.
About ACM
The Netherlands Authority for Consumers and Markets (ACM) is an independent regulator that champions the rights of consumers and businesses. ACM is charged with competition oversight, sector-specific regulation of several sectors, and enforcement of consumer protection laws. The ultimate goal is to create a level playing field, where all businesses play by the rules, and where well-informed consumers exercise their rights.
- More information
For more information, please contact Ronald de Groot, Media and Public Relations Officer at Erasmus School of Economics, rdegroot@ese.eur.nl, or +31 6 53 641 846.
