{"id":8781,"date":"2023-07-13T18:04:58","date_gmt":"2023-07-13T16:04:58","guid":{"rendered":"https:\/\/www.d-kart.de\/?p=8781"},"modified":"2023-07-18T10:07:47","modified_gmt":"2023-07-18T08:07:47","slug":"conference-debriefing-36-ascola-2023","status":"publish","type":"post","link":"https:\/\/www.d-kart.de\/en\/blog\/2023\/07\/13\/conference-debriefing-36-ascola-2023\/","title":{"rendered":"Conference Debriefing (36): ASCOLA 2023"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>PDF version: <a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/BostoenKargThepot-DKartJ-2023-61-66.pdf\">Click here<\/a><\/p>\n\n\n\n<p>Suggested Citation: Bostoen\/Karg\/Thepot, DKartJ 2023, 61<\/p>\n<\/blockquote>\n\n\n\n<p><em>ASCOLA is the Academic Society for Competition Law, the global organization that brings together scholars from all over the world once a year. This year, antitrust professors and their future successors met in Athens (Greece) for the three days Olympics of Competition Law Scholarship. Herbert Hovenkamp was there \u2013 and so were\u00a0<strong>Friso Bostoen<\/strong> (Tilburg),\u00a0<strong>Madlen Karg<\/strong>\u00a0(TU Munich) and\u00a0<strong>Florence Thepot<\/strong>\u00a0(Strasbourg). The three youngish scholars share their insights and photos here in this Conference Debriefing!<\/em><\/p>\n\n\n\n<p><strong>Name of event:&nbsp;<\/strong>18<sup>th&nbsp;<\/sup>Annual Conference of ASCOLA (Academic Society for Competition Law) \u2013 full programme&nbsp;<a href=\"https:\/\/ascola2023uoa.epant.gr\/\">can be seen here<\/a>.<\/p>\n\n\n\n<p><strong>Topic:&nbsp;<\/strong>Competition as an Institution and Economic<strong>&nbsp;<\/strong>Transformations: A Change of Paradigm?<\/p>\n\n\n\n<p><strong>Place &amp; time:&nbsp;<\/strong>June 29<sup>th<\/sup>&nbsp;\u2013 July 1<sup>st<\/sup>, Athens<\/p>\n\n\n\n<p><strong>Hosts:&nbsp;<\/strong>Alexandra Mikroulea, Emmanouil Mastromanolis (University of Athens Law School); Ioannis Lianos (Hellenic Competition Authority)<\/p>\n\n\n\n<p><strong>Audience:&nbsp;<\/strong>Around 150 participants<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Day 1<\/h2>\n\n\n\n<p>\u270d\ufe0f <em>Friso Bostoen, Assistant Professor (Tilburg University), ASCOLA five-timer<\/em><\/p>\n\n\n\n<p>Now that the worst of covid pandemic is over, the only impediment to hugging long-lost colleagues was the Athens summer heat (\u2018nothing compared to Aix\u2019, according to survivors of&nbsp;<a href=\"https:\/\/www.d-kart.de\/blog\/2019\/07\/02\/ascola-conference-aix-en-provence-2019\/\">the 2019 conference<\/a>). Registration provided a beautiful mix of old acquaintances (\u2018where are you based now?\u2019, \u2018congratulations!\u2019) and many new encounters (\u2018I\u2019ve read your work, so good to finally meet you!\u2019).<\/p>\n\n\n\n<p>With a crowd sensitive to power balances, it quickly became clear some universities were approaching dominance. Utrecht University seemed to have shipped half of its law school to Athens (Anna Gerbrandy, Jasper Sluijs, Paulina Phoa, Zlatina Giorgieva, and a small army of Ph.D. students). Also out in force: the University of Glasgow, with affiliates past (Sandra Marco Colino, Florence Thepot) and present (Magali Eben, Stavros Makis, Konstantinos Stylianou). Other strong showing included EUI (with Linus Hoffmann, Sel\u00e7ukhan \u00dcnekba\u015f, Velizar Kirilov and Niccolo Galli) and the University of Warsaw (with Maciej Bernatt, Marta Sznaider and Joanna Mazur). Finally, the strong Brazilian presence didn\u2019t go unnoticed!<\/p>\n\n\n\n<p>Midway the first cup of coffee, everyone was herded into the Aula Magna (wait, isn\u2019t that Latin rather than Greek?). The very able students and competition authority interns made sure no cups were snuck inside the room, and\u2014once inside\u2014you understood why you wouldn\u2019t want stains ruining the place.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-834x1024.jpg\" alt=\"\" class=\"wp-image-8844\" width=\"626\" height=\"768\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-834x1024.jpg 834w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-244x300.jpg 244w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-768x943.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-600x737.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-440x540.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1-220x270.jpg 220w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6741-1.jpg 1068w\" sizes=\"auto, (max-width: 626px) 100vw, 626px\" \/><\/a><figcaption class=\"wp-element-caption\">Michal Gal, Professor at Haifa University, ASCOLA President 2016-2023<\/figcaption><\/figure>\n\n\n\n<p>Michal Gal, ASCOLA\u2019s outgoing president, opened the conference with the message that competition law is&nbsp;<em>still<\/em>&nbsp;sexy. Indeed, having broken into the mainstream over the past years, competition law\u2019s challenge is now to&nbsp;<em>maintain<\/em> relevance rather than to acquire it. The cutting-edge topics discussed at the conference reassured me that relevance wouldn\u2019t become a problem anytime soon. But I\u2019m getting ahead of myself.<\/p>\n\n\n\n<p>We got an insight in just how difficult it is to organize the ever-growing ASCOLA Conference from one of the hosts, Alexandra Mikroulea. Even in discussion of logistics, she managed to hint at her disagreement with co-host Ioannis Lianos\u2019s views on polycentric competition law. Such friendly jabs would continue during the rest of the conference.<\/p>\n\n\n\n<p>During introductions, we got the first sign that the conference was blessed by the gods. One of the large standing lamps spontaneously started puffing&nbsp;<s>smoke<\/s>&nbsp;incense. Heathens will argue it was a bug that flew too close to the&nbsp;<s>sun<\/s>&nbsp;lamp, but us believers know better!<\/p>\n\n\n\n<p>The first plenary session tackled \u2018Economic Challenges for Competition\u2019. Ioannis Lianos challenged Olivier Guersent, Tommaso Valletti and Chrysovalantou Milliou with a tough topic: how does competition policy, traditionally a matter of micro-economics, deal with a growing body of macro-economic research that points to a less-than-competitive situation (think of increasing industry concentration and markups, the falling labour share, etc.).<\/p>\n\n\n\n<p>This clash between the surgical tools of competition law and the big picture problems was a constant during the conference. It\u2019s this clash, perhaps more than anything, that explains the rise of the New Brandeis Movement. It also explains the 10+ presentations on sustainability. When the world\u2019s on fire, it just doesn\u2019t suffice to say that competition law can\u2019t do&nbsp;<em>anything<\/em>&nbsp;(though it surely can\u2019t do&nbsp;<em>everything<\/em>&nbsp;either).<\/p>\n\n\n\n<p>Innovation is key in competition law\u2014and in its conferences. With a characteristic dose of self-deprecation and sarcasm, incoming ASCOLA President Rupprecht Podszun announced that \u2018after all those years, we finally come up with something new\u2019. The idea? Well, we know how much academics love having to cut their papers (right?), why not let them cut their talks? And so the ASCOLA TED Talks were born.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-923x1024.jpg\" alt=\"\" class=\"wp-image-8799\" width=\"692\" height=\"768\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-923x1024.jpg 923w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-270x300.jpg 270w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-768x852.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-600x666.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-440x488.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22-243x270.jpg 243w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/02f88c08-1fc4-4252-94b9-faebf9621c22.jpg 1200w\" sizes=\"auto, (max-width: 692px) 100vw, 692px\" \/><\/a><figcaption class=\"wp-element-caption\">Elettra Bietti (NYU) giving her 90 seconds of TED fame, under the watchful eyes of moderator Rupprecht Podszun (D\u00fcsseldorf) and timekeeper Rifky Wicaksono (Oxford\/Gadjah Mada).<\/figcaption><\/figure>\n\n\n\n<p>Ninety seconds turned out to be plenty for scholars to put in a memorable performance. Michal Gal herself opened the session with a teaser on synthetic data, and then the wheel of fortune decided the next&nbsp;<s>victim<\/s>&nbsp;honoree. Elettra Bietti put her finger on the confused conceptions of the competition law\u2013regulation interface, while Thalalolwazi Msutu showed us how public interest plays a role in South-African merger control. When the wheel landed on \u2018the joker\u2019, Ioannis pulled in Stavros Makris who\u2014completely unprepared\u2014had to convince us of the \u2018effective competitive constraint\u2019 standard. Good luck!<\/p>\n\n\n\n<p>Then, the great dispersal began, as participants spread out over the different venues for the parallel sessions. There was a choice between staying in the same building\u2014enjoying the aircon and having enough time to chug another half cup of coffee\u2014or taking a leisurely walk to one of the other venues. Competition lawyers, who know all about status quo bias from&nbsp;<em>Google Shopping<\/em>&nbsp;and&nbsp;<em>Android<\/em>, were not immune from it: the sessions in the main building drew suspiciously large crowds.<\/p>\n\n\n\n<p>Panel 2, on mergers, was worth the walk though, for the panelists as much as the audience. When Christophe Carugati argued that the new Article 22 Guidance could lead to over-enforcement, Tommaso Valletti had to step up: \u2018What\u2019s the evidence for that? We\u2019re coming from 0 blocked mergers in the digital space\u2014this is a fig leaf.\u2019 Rupprecht Podszun wasn\u2019t spared either, when he dared call the question of merger referrals \u2018exciting\u2019.<\/p>\n\n\n\n<p>OpenAI has changed the world (as anyone who corrects take-home exams\/essays can attest\u2026). This also meant that the panel on competition and algorithms, which was old hat last year, now drew enough participants to fill every chair in the room. Peter Picht gave ChatGPT the competition law treatment. Exam question tip: do ChatGPT and its LLM brethren qualify as one of the \u2018core gatekeeper services\u2019 in the Digital Markets Act, and if so, which one?<\/p>\n\n\n\n<p>Talking about that conspicuous piece of legislation: we\u2019ve reached \u2018peak DMA\u2019. It felt like every other panel concerned the DMA, or at least had a presentation on it\u2014to the mild dissatisfaction of some participants. My humble proposal: let\u2019s create the ASDMALA, to which we ban all DMA papers. This should be uncontroversial: after all, ASCOLA is about competition law, and the DMA is not competition law, right? Hey, that\u2019s what the text itself says!<\/p>\n\n\n\n<p>Another trend, this one much-welcomed, was the increasing discussion of competition law in the Global South. Scholars including Muhammad Rifky Wicaksono, Liat Davis and Vellah Kedogo Kigwiru highlighted the inspiring developments, from Indonesia to Kenya, while also making clear there\u2019s a lot of work to be done. This growth area definitely deserves (even more of) the spotlight in future conferences.<\/p>\n\n\n\n<p>The day ended with a reception on the roof of the Benaki Museum of Greek Culture. There was a lot to celebrate beyond a fruitful first day. For one, it was ASCOLA\u2019s 20<sup>th<\/sup>&nbsp;birthday party. In addition, Fabiana di Porto handed out the Best Junior Paper Award. In a strong field, Stavros Makris and Elias Deutscher distinguished themselves with a paper on \u2018Merger Control and Sustainability\u2019. Congratulations!<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8811\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-1024x768.jpg\" alt=\"\" class=\"wp-image-8811\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6582-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Best Junior Paper Award: Fabiana Di Porto and Michal Gal with the winners Elias Deutscher and Stavros Makris<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8798\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-1024x768.jpg\" alt=\"\" class=\"wp-image-8798\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1-1320x990.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/0bf56538-fcc7-4985-b881-934c59fb035d-1.jpg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Birthday celebrations!<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8814\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-1024x768.jpg\" alt=\"\" class=\"wp-image-8814\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6594-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">\u0141ukasz Grzejdziak &amp; Mario Cabral<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Day 2<\/h2>\n\n\n\n<p>\u270d\ufe0f <em>Madlen Karg, Research and Teaching Fellow (Technische Universit\u00e4t M\u00fcnchen), ASCOLA two-timer<\/em><\/p>\n\n\n\n<p><em><strong>Sleep is for the weak<\/strong><\/em><\/p>\n\n\n\n<p>Since a lot of wisdom, wit and wine was shared at the welcome reception, Day 2 began with a lack of sleep for some participants. Paul Nihoul predicted there would be even less sleep the next day (as former president of ASCOLA and a veteran of many conferences, we had no reason to doubt him). But enough sleep doesn\u2019t make for good (competition law) friendships \u2013 as some Greek philosopher probably said at one point. The organizers must have seen this coming and provided enough coffee before the 448 panels of the day started.&nbsp;<\/p>\n\n\n\n<p><em><strong>Goals, Goals, Goals<\/strong><\/em><\/p>\n\n\n\n<p>The panel choice on Day 2 was hard indeed! Dominant themes were the Goals of Competition Law (5 panels), Global and Comparative Competition Law (3 panels), and Correlation of Competition Law and Sustainability, Consumer and Data Protection (3 panels). Institutions, Pharma, Health, Agriculture, Financial Markets and State Restrictions to Competition were covered as well.<\/p>\n\n\n\n<p><em><strong>Discipline Diversity or Competition Law and Survival of the Fittest?&nbsp;<\/strong><\/em><\/p>\n\n\n\n<p>This year\u2019s program offered a variety of interdisciplinary work as well. Nope \u2013 not talking about economists (we already belong together like&nbsp;<s>Bonnie and Clyde<\/s>,&nbsp;<s>Batman and Robin,<\/s>&nbsp;<s>Mario and Luigi<\/s>,&nbsp;<s>Tom and Jerry<\/s>, Rupprecht and Justus!). I\u2019m talking about historians like Anselm K\u00fcsters. He presented his book, which provides a progressive historical analysis of competition law from the 1950s until the 2000s covering also the influence of ordoliberalism on EU Competition Law. Unique was also the idea presented by Alexey Ivanov and Gergely Boza: they brought together different ecosystems within the scope of digital market competition law by considering it from an ecological perspective, suggesting that online and real-life ecosystems might have similarities.&nbsp;<\/p>\n\n\n\n<p><em><strong>The Dean himself<\/strong><\/em><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8828\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684.jpg\" alt=\"\" class=\"wp-image-8828\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6684-360x270.jpg 360w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Organisers Alexandra Mikroulea (left) and Ioannis Lianos (right) with antitrust superstar Herbert Hovenkamp and ASCOLA President Michal Gal<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<p>After the first round of panels, excitement spread among competition law fans, since this year\u2019s keynote was going to be delivered by the one and only Dean of Antitrust, Herbert Hovenkamp. He gave a keynote on Markets and Gatekeepers, and singlehandedly met our high expectations. In keeping with the speaker, the venue was venerable and impressive. Analyzing the AICOA (American Innovation and Choice Online Act) and its\u2019 gatekeeper approach he concluded that it\u2019s basically bad law. For one, it targets an innovative sector with little sign for the usual harms of monopoly and prohibits a lot of competitively harmless behaviors. Instead of focusing on entire companies as gatekeepers, it would be preferable to align the gatekeeper designation with problematic product markets. On the other hand, it misses conduct of firms that are not designated as gatekeepers (i.e., offline sellers who are not included no matter what size). One message the EU competition academics certainly like to hear: US antitrust law could learn from EU law on abuse of dominance!<\/p>\n\n\n\n<p><em><strong>Still pending: Sustainability \u2013 yes or no?<\/strong><\/em><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8823\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-1024x768.jpg\" alt=\"\" class=\"wp-image-8823\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6639-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Bruce Wardaugh, Efi Kinini, Elias Deutscher, Stavros Makris (fltr)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8845\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-1024x768.jpg\" alt=\"\" class=\"wp-image-8845\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6744-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Former Best Junior Paper Award Winner Xingyu Yan, Liang Li &amp; Kena Zheng<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8800\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-1024x768.jpg\" alt=\"\" class=\"wp-image-8800\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc-1320x990.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ac120877-32f2-44fc-a2f1-111236da82fc.jpg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Mark-Oliver Mackenrodt, Madlen Karg, former ASCOLA President Paul Nihoul &amp; Wolfgang Kerber<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8829\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-1024x768.jpg\" alt=\"\" class=\"wp-image-8829\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685-1320x990.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6685.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Stavros Makris, Sandra Marco Colino, Magali Eben &amp; Florence Thepot<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8824\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-1024x768.jpg\" alt=\"\" class=\"wp-image-8824\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6647-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Ines Guittard, Lylian Denis, Vincent Giovannini &amp; Nathalie Nielson<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8808\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-1024x768.jpg\" alt=\"\" class=\"wp-image-8808\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6562-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Niccolo Galli, Orcan Ok &amp; Peter Picht<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<p>Lunch was followed by another pair of panel sessions. Particularly popular and crowded (we ran out of chairs) was the Competition Law and Sustainability panel with the prize-winning duo of Elias Deutscher and Stavros Makris, joined by Bruce Wardhaugh. To get ahead of myself: the award was very well deserved. But let\u2019s start at the beginning: Competition Law scholars are still discussing intensely if and how sustainability aspects could be included into competition law as a non-competition goal (don\u2019t want to intrude but: Competition Law is not an island and Art. 11 TFEU is there for us! And sorry for taking so long, Greta!)&nbsp;<\/p>\n\n\n\n<p>Elias was the dominant speaker of the session since he started with one of his solo papers, to be followed by his co-presentation with Stavros. But don\u2019t worry \u2013 Stavros and Bruce kept him from monopolizing his speaking time. Elias spoke on Competition Law and supply chain resilience and showed clearly how global supply chains are affected by outlining the creation of bottlenecks as an example. This was followed by his co-paper with Stavros on merger control and sustainability. They claimed that in certain markets price increases might be beneficial for the environment and hence have a positive effect on sustainability (e.g., fewer car sales). However, they did not argue this in a vacuum but also proposed concrete solutions (award-winning-qualities!) by suggesting a progressive model to assess whether sustainability goals are actually met (i.e., an error cost analysis and a standard of proof that requires a realistic prospect of sustainability benefits). Completing the session, Bruce provided an antithesis to the first two presentations by stating that in no situation competition law standards should be relaxed to meet sustainability goals. He concluded that regulation is a far better way than introducing non-competition goals into a competition law analysis.<\/p>\n\n\n\n<p><em><strong>State restrictions \u2013 underestimated?&nbsp;<\/strong><\/em><\/p>\n\n\n\n<p>Moving away from the goals of competition law \u2013 a panel covering State restrictions on Competition was a particularly refreshing way to end the academic Day 2. To quote Lena Hornkohl: \u201cOnly&nbsp;<em>one<\/em>&nbsp;panel on state restrictions?\u201d&nbsp;<\/p>\n\n\n\n<p>To counteract that thematic under-representation Lena gave an insightful presentation on the divergence of the Foreign Subsidy Regulation (FSR) and Art. 107 TFEU. Since there are still a lot of open questions (looking for a research topic, anyone?) about the new FSR, legal uncertainty is to be expected, Lena concluded.&nbsp;<\/p>\n\n\n\n<p>Annika St\u00f6hr followed with an economic perspective, presenting a project she is working on with Oliver Budzinski (who was dearly missed this year \u2013 he is an ASCOLA-safe bank \u2013 but Annika did a very good job representing TU Ilmenau). Their paper analyzes different kinds of potential distortions of competition through foreign states. Starting with the much appreciated (and often underestimated) question if there actually is any problem at all, they conclude that it is worth the research for sure! Looking forward to the final results (no pressure).&nbsp;<\/p>\n\n\n\n<p>Jasper Sluijs followed and took a look at predatory pricing by state-owned enterprises. Working with different assumptions (e.g., that state-owned enterprises are characterized by higher marginal costs), he empirically researches whether state-owned-enterprises are more likely to price predatorily in a mixed duopoly market. To figure that out, Jasper and his co-author Florian Heine put students in a lab letting them manage a state-owned enterprise in a profit-maximizing way \u2013 they were paid based on the results. Great methodology! (Where can we sign up?)<\/p>\n\n\n\n<p><em><strong>Ascola General Assembly<\/strong><\/em><\/p>\n\n\n\n<p>First, the budget, Then some votes. Long live to the new ASCOLA board and executive team! What a wonderful contribution &nbsp;<s>Queen<\/s> President Michal Gal made to our community during her reign, making us bigger and better. The future is bright too, with, among others, Magali Eben, well-known as the co-chair of the UK chapter and, well-known too, new president Rupprecht Podszun. ASCOLA claims to be \u2018THE place to showcase your work on competition law &amp; policy\u2019. It can rightfully do so, but only because many work tirelessly to make that a reality<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-1024x562.jpg\" alt=\"\" class=\"wp-image-8801\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-1024x562.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-300x165.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-768x422.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-600x329.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-1536x844.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-440x242.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-492x270.jpg 492w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023-1320x725.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/ascola-board-2023.jpg 2014w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">The new ASCOLA Executive Committee with Rupprecht Podszun, Thomas Cheng, Magali Eben, Giorgio Monti, Wendy Ng &amp; Peter Picht.<\/figcaption><\/figure>\n\n\n\n<p><em><strong>Greek taverns, temples, and traffic jam&nbsp;<\/strong><\/em><\/p>\n\n\n\n<p>The crowning finale of a long but wonderful day was our bus excursion along the Athens Riviera and a Greek Taverna Dinner by the sea with a view of the Sounion Temple. In front of this impressive scenery, the strains of the Athens rush hour-traffic jam were quickly forgotten. Another one dearly missing? Philip Marsden! We all would have loved to hear one of his infamous rap performances in front of a temple. But Florian Bien and Bj\u00f6rn Christian Becker from W\u00fcrzburg (next year\u2019s hosts) already announced an ASCOLA-concert for 2024 \u2013 can\u2019t wait for Philip to join and drop some lines! After all,&nbsp;<a href=\"https:\/\/youtu.be\/RvVfgvHucRY\">Nas<\/a>&nbsp;sampled Beethoven over 20 years ago. So let\u2019s go:&nbsp;\u2018<em>I know I can \u2026 introduce non-competition goals into competition law<\/em>\u2019<em>.&nbsp;<\/em>Ok, ok, enough. *<em>mic drop<\/em>* Madlen out!&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-4 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8840\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-1024x768.jpg\" alt=\"\" class=\"wp-image-8840\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6735-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Bj\u00f6rn Becker &amp; Florian Bien inviting to W\u00fcrzburg (ASCOLA2024)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-11.png\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"376\" data-id=\"8849\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-11.png\" alt=\"\" class=\"wp-image-8849\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-11.png 500w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-11-300x226.png 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-11-440x331.png 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-11-359x270.png 359w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><figcaption class=\"wp-element-caption\">Roman stuff at Greece<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Day 3<\/h2>\n\n\n\n<p>\u270d\ufe0f <em>Florence Thepot, Lecturer in Law (University of Strasbourg), ASCOLA third-timer<\/em><\/p>\n\n\n\n<p>Last (and first) time I blogged, was during the London 2012 Olympics. I was fortunate enough to be a volunteer based in the Olympic Village. Yes, right in the middle of my PhD (don\u2019t tell my supervisor). Athens 2023 is no different. Several disciplines, events, venues. Many nations represented (Utrecht as the team USA?). A superb atmosphere, impeccable organisation, and lovely volunteers. There was even a surprise lightening of the Olympic Flame during the opening ceremony. And it\u2019s about competition. But as&nbsp;<s>Pierre de Coubertin<\/s>&nbsp;Paul Nihoul, said at the medal ceremony, \u201cat ASCOLA, cooperation is greater than competition\u201d.&nbsp;<\/p>\n\n\n\n<p><strong>9.15 am \u2013 Session 34 @ The Cinema (dark, comfy chairs, and cool)<\/strong><\/p>\n\n\n\n<p>Post night out for the bravest souls. Who was lucky to present? I certainly was! To my greatest surprise, my session was well-attended. Magali Eben, Dina Waked, Giorgio Monti, Marios Iacovides and various skills or jurisdictions were present in the audience. Topic: blurring the boundaries of the firm. Stuff at the interface between corporate law\/ finance and antitrust.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-1024x768.jpg\" alt=\"\" class=\"wp-image-8833\" width=\"768\" height=\"576\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-1024x768.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-1536x1152.jpg 1536w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-2048x1536.jpg 2048w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-360x270.jpg 360w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6698-1320x990.jpg 1320w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/figure>\n\n\n\n<p>Vinicius Klein&nbsp;made us the gift of a case study: what happened following the (partial) privatisation process of the Brazilian steel sector in the 1990s? Post-privatisation: look at the ownership composition, and account for various financial &amp; corporate links?&nbsp;&nbsp;You realise that the state\u2019s influence is not gone, the sector is more concentrated and not open to new competitors. Lesson number 2: maximising asset values should not be the only focus (everyone, listen!).<\/p>\n\n\n\n<p>Anna Tzanaki, the common ownership diva and also my corporate\/antitrust soulmate, presented two papers. First, common ownership in the fintech market. Co-authored with Jos\u00e9 Azar, one of the famous \u2018airline paper\u2019 authors, and Liudmila Alekseeva.&nbsp;&nbsp;Interdisciplinarity at its best. Empirical evidence of extent and impact is provided and analysed. Strong theoretical legal and economic frameworks. I learned that common ownership is more of concern in publicly listed fintech companies than in start-up\/private fintech companies. And that fintech M&amp;A should be scrutinised with that in mind.<\/p>\n\n\n\n<p>Anna\u2019s second paper is on private equity, another \u2018investors, beware \u2013 antitrust is watching\u2019 area. A lot of political background provided (Lina Khan and Jonathan Kanter, you\u2019ve been mentioned). Back to the law: should we (better) use antitrust tools? To remedy what? For whatever it\u2019s useful, the US merger control regime is quite well-equipped (while also being reformed). And in the EU, we have this peculiar parental liability scheme \u2013 see the Goldman Sachs case \u2013 that may be used.&nbsp;<\/p>\n\n\n\n<p>My turn then. Financial and corporate links \u2013 e.g., common ownership, interlocking directorates (not sure what it is? Please ask, or&nbsp;<a href=\"https:\/\/www.competitionpolicyinternational.com\/transatlantic-perspectives-on-interlocking-directorates\/\">read<\/a>) \u2013 between companies blur the boundaries of the firm, and may have an impact on competition. I know, we worry about a lot more things these days. Given that the concept of undertaking, underlying the application of EU competition law, is such an important premise, is there a blind spot? The US do things different (of course). Special announcement: interlocking directorates (my favourite topic) is sexy again in US enforcement! Best question and encounter: Teodora Groza, another competition law academic looking at the theory of the firm!<\/p>\n\n\n\n<p><strong>Plenary session\/ Knowledge Production and Public Engagement: The&nbsp;<em>Closing Ceremony<\/em><\/strong><\/p>\n\n\n\n<p>After a quick coffee\/light lunch, now off to the&nbsp;<em>grand finale<\/em>. The most strategic among us knew where to sit to hear something in this magnificent auditorium (beauty being inversely proportionate to acoustics).&nbsp;<\/p>\n\n\n\n<p>In our field, academics all know too well what\u2019s wrong and what should be improved. We too all have ideas on how to change the world that is one fire. Or not. Competition law cannot do everything&nbsp;<s>and let\u2019s just go to the beach!<\/s><\/p>\n\n\n\n<p>Now: how do ideas become policy, in practice? We couldn\u2019t have hoped for a better panel<strong>:&nbsp;<\/strong>Joanna Mazur, Alexandre de Streel, Ioannis Lianos<strong>,<\/strong>&nbsp;Katerina Linos, and finally, Giorgio Monti (the panel\u2019s \u2018imposter\u2019, in his own words\u2026).<\/p>\n\n\n\n<p>Who&nbsp;gets to influence policy?<strong>&nbsp;<\/strong>Joanna Mazur&nbsp;<em>knows who (most of) you are<\/em>\u2026. you, experts quoted by the Commission in the various&nbsp;<em>Google<\/em>&nbsp;decisions (proper deduction skills, given that a lot is redacted). Her dataset enables her to analyse the functions of such sources. From \u2018authoritative claims\u2019 to \u2018battle of the sources\u2019. Important quality issues were also raised, such as the role of \u2018commercial science\u2019, internet-based data, and big tech induced sources (but, given they are at the heart of that data, that\u2019s quite logical).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-946x1024.jpg\" alt=\"\" class=\"wp-image-8861\" width=\"710\" height=\"768\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-946x1024.jpg 946w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-277x300.jpg 277w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-768x831.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-600x649.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-1419x1536.jpg 1419w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-1892x2048.jpg 1892w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-440x476.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-249x270.jpg 249w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6700-1320x1429.jpg 1320w\" sizes=\"auto, (max-width: 710px) 100vw, 710px\" \/><\/a><figcaption class=\"wp-element-caption\">Joanna Mazur (Warsaw) overtowering the final panel with Ioannis Lianos, Katerina Linos, Lia Athanassiou, Alexandre De Streel &amp; Giorgio Monti.<\/figcaption><\/figure>\n\n\n\n<p>Alexandre de Streel, well positioned to advise on&nbsp;how&nbsp;to translate an idea into policy as a key advisor to the Commission in digital markets, had some very practical and inspiring tips for us. Two keywords:&nbsp;<em>develop<\/em>&nbsp;and&nbsp;<em>deploy<\/em>. Develop. Pick some good concepts\/ideas. They must be concrete, stable, enforceable, and in line with some existing policy agenda of the institution (independence need not mean neutral). Then, deploy. Use the relevant channels \u2013 public consultations, conferences, informal contacts.&nbsp;&nbsp;<\/p>\n\n\n\n<p>A good dataset is key to knowledge production, and&nbsp;Katarina Linos\u2019 impressive work on antitrust policy diffusion is an example of that.&nbsp;&nbsp;For example, there are lots of data that can help understand the limits of competition policy effectiveness across the globe: domestic buy-in, competition agencies\u2019 staff, whether competition policy is used for other goals. (I of course don\u2019t want to hint whether the latter is a \u2013 or + for impact!)<\/p>\n\n\n\n<p><strong>What about the economists (not) in the room?&nbsp;<\/strong>&nbsp;(All at CRESSE 2023!)<\/p>\n\n\n\n<p>Giorgio Monti said that there\u2019s no such thing as lawyers and economists cross-fertilizing each other (Posner\u2019s suggestion :)), even in our field. There\u2019s limited amount of economics literature that lawyers see as legitimate \u2013 we see economists through a biased lens (and vice versa, right?). When willing to impact policy, one may be pragmatic \u2013 try to influence things within the scope of given premises, in the short run, as a policy entrepreneur. Unless we should aim for more? Why not be the Karl Polanyi in the room? (This rejoins a very good question Elettra Bietti put to the panel).<\/p>\n\n\n\n<p>Ioannis Lianos&nbsp;knows quite a lot about economics (\u2018<a href=\"https:\/\/www.theses.fr\/2004STR30003\">How it started<\/a>\u2019)&nbsp;&nbsp;and also knows quite a bit about enforcement (how it\u2019s going: now the Hellenic Competition Commission\u2019s Zeus). He exposed an impressive, complex and elegant framework to understand economic expertise, and its role in implementing the law. Economic expertise is a combined product of several \u2018social groups\u2019: academics-based, open-applied, and bound-applied researchers. Each with different degrees of material bias.<\/p>\n\n\n\n<p>Then, who\u2019s good at influencing policy?<strong>&nbsp;<\/strong>Alexandre de Streel&nbsp;sees big tech lobbying with the DMA as a disaster. Their slogan, \u2018you\u2019ll kill innovation\u2019, may well work in the US, but not in the EU. Shall we ask&nbsp;Giorgio Monti? Anti-enforcement views are pushed more effectively. The playbook? Pretend you are pro-enforcement, then set the standard bar too high, and voil\u00e0, there\u2019s no enforcement. But as he puts it, times are more exciting now than before in academia, precisely because of the disagreements.<\/p>\n\n\n\n<p><strong>From Athens 2023 to W\u00fcrzburg 2024<\/strong><\/p>\n\n\n\n<p>This is now the end. Michal Gal wraps up, says thank you (and to you Michal!), a little birthday sing-along for our host Alexandra, and now the Olympic torch is&#8230;with W\u00fcrzburg 2024!<\/p>\n\n\n\n<p>Yet, the marathon didn\u2019t end there. Off to a Greek taverna, a guided tour of the beautiful Acropolis (Museum). By the way. Any Brits in the room:&nbsp;<a href=\"https:\/\/www.theguardian.com\/artanddesign\/2022\/may\/23\/greece-rebuts-british-museum-claim-parthenon-marbles-were-removed-from-rubble\">PLEASE RETURN THE STOLEN SCULTPURES<\/a>!<\/p>\n\n\n\n<p>Nice walk in the Agora (Friso, yes, the Romans were here too!). A beautiful concert, some pitas, drinks and farewell\u2026&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-5 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" data-id=\"8843\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740.jpg\" alt=\"\" class=\"wp-image-8843\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740-300x225.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740-768x576.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740-600x450.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740-440x330.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6740-360x270.jpg 360w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Hard to beat: Locations at Athens (here: Old Parliament)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"947\" data-id=\"8846\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-1024x947.jpg\" alt=\"\" class=\"wp-image-8846\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-1024x947.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-300x277.jpg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-768x710.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-600x555.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-440x407.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-292x270.jpg 292w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745-1320x1220.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/IMG_6745.jpg 1480w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Alexandra Mikroulea, organiser of the event, celebrated her birthday with the ASCOLA family.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-12.png\"><img loading=\"lazy\" decoding=\"async\" width=\"424\" height=\"368\" data-id=\"8850\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-12.png\" alt=\"\" class=\"wp-image-8850\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-12.png 424w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-12-300x260.png 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Picture-12-311x270.png 311w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><\/a><figcaption class=\"wp-element-caption\">What exactly is the problem with Google, Friso?!<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<p>\u0395\u03c5\u03c7\u03b1\u03c1\u03b9\u03c3\u03c4\u03ce&nbsp;and Bis bald!<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-6 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936.jpeg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"800\" data-id=\"8793\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936.jpeg\" alt=\"\" class=\"wp-image-8793\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936.jpeg 800w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-300x300.jpeg 300w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-150x150.jpeg 150w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-768x768.jpeg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-600x600.jpeg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-92x92.jpeg 92w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-440x440.jpeg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/1683151435936-270x270.jpeg 270w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--scaled.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" data-id=\"8791\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--683x1024.jpg\" alt=\"\" class=\"wp-image-8791\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--683x1024.jpg 683w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--200x300.jpg 200w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--768x1152.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--600x900.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--1024x1536.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--1365x2048.jpg 1365w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--440x660.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--180x270.jpg 180w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--1320x1980.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Karg--scaled.jpg 1707w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"682\" height=\"1024\" data-id=\"8790\" src=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-682x1024.jpg\" alt=\"\" class=\"wp-image-8790\" srcset=\"https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-682x1024.jpg 682w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-200x300.jpg 200w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-768x1152.jpg 768w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-600x900.jpg 600w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-1024x1536.jpg 1024w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-440x660.jpg 440w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-180x270.jpg 180w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra-1320x1980.jpg 1320w, https:\/\/www.d-kart.de\/wp-content\/uploads\/2023\/07\/Photo-Unistra.jpg 1333w\" sizes=\"auto, (max-width: 682px) 100vw, 682px\" \/><\/a><\/figure>\n<\/figure>\n\n\n\n<p><em><strong>Friso Bostoen<\/strong> is an Assistant Professor at Tilburg University.&nbsp;<strong>Madlen Karg<\/strong> is a Research and Teaching Fellow at Technische Universit\u00e4t M\u00fcnchen. <strong>Florence Thepot<\/strong> is a Lecturer in Law at the University of Strasbourg.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PDF version: Click here Suggested Citation: Bostoen\/Karg\/Thepot, DKartJ 2023, 61 ASCOLA is the Academic Society for Competition Law, the global organization that brings together scholars from all over the world once a year. This year, antitrust professors and their future successors met in Athens (Greece) for the three days Olympics of Competition Law Scholarship. Herbert Hovenkamp was there \u2013 and so were\u00a0Friso Bostoen (Tilburg),\u00a0Madlen Karg\u00a0(TU Munich) and\u00a0Florence Thepot\u00a0(Strasbourg). The three youngish scholars share their insights and photos here in this&#8230;<\/p>\n<p class=\"read-more\"><a class=\"btn btn-default\" href=\"https:\/\/www.d-kart.de\/en\/blog\/2023\/07\/13\/conference-debriefing-36-ascola-2023\/\"> Read More<span class=\"screen-reader-text\">  Read More<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":8841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[253],"tags":[483,11,455,211],"class_list":["post-8781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conference-debriefings","tag-antitrust","tag-ascola","tag-conference","tag-kartellrecht"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"en","enabled_languages":["de","en"],"languages":{"de":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/posts\/8781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/comments?post=8781"}],"version-history":[{"count":21,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/posts\/8781\/revisions"}],"predecessor-version":[{"id":8873,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/posts\/8781\/revisions\/8873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/media\/8841"}],"wp:attachment":[{"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/media?parent=8781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/categories?post=8781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.d-kart.de\/en\/wp-json\/wp\/v2\/tags?post=8781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}