Pierre Régibeau

Pierre Régibeau has a B.A. in Economics from the University of Liege and a Ph.D. in Economics from the University of California at Berkeley, specializing in industrial organization and international trade. After 24 years as an academic at MIT, Northwestern University, Institute of economic Analysis (Barcelona) and the University of Essex, he joined the competition practice of Charles River Associates as a Vice President. From 2019 to 2023, he was the Chief Competition Economist at DG Competition. Régibeau’s research in industrial organization has gravitated around themes common to high tech industries, including standardization and intellectual property rights.

Dynamic Competition Is (Also) a Pro-Enforcement Framework

The European Union’s draft Merger Guidelines give a central role to dynamic competition in merger review. Some scholars have criticized dynamic competition as an analytical tool that seems to always discourage government intervention, given how quickly and unexpectedly—or dynamically—innovation can remake a market. Nicolas Petit, Selcukhan Unekbas, Bowman Heiden, and Pierre Regibeau argue this critique ignores the several large cases in which regulators used dynamic competition to intervene in a merger.

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