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ICA's morning conference today - watch a recording from the meeting

6/13/2022

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Icelandic Competition Authority's morning conference on competition, inflation and the Cost-of-Living crisis was held at Harpa Concert Hall this morning. 

You can watch a recording of the conference on the event website here. 

After opening remarks from Páll Gunnar Pálsson, Director General at ICA, and from Lilja Dögg Alfreðsdóttir, Minister of Cultural and Business affairs, Pierre Régibeau, Chief Competition Economist at European Commission Director-General for Competition (DG COMP), addressed how competition and competition policy can curb increasing inflation and the cost-of-living crisis.

The panel then discussed the topic and addressed a related issue of how competition can benefit employees in labour markets.

Experts in the field were involved in the conference and took part in enlightening panel discussions:

  • Ana Sofia Rodrigues, Chief Economist at Portuguese Competition Authority
  • Ásgeir Jónsson, Governor of the Central Bank of Iceland
  • Martin Gaynor, Professor of Economics, Carnegie Mellon University
  • Pierre Régibeau, Chief Competition Economist at DG Competition
  • Chair: Valur Þráinsson, Chief Economist at the Icelandic Competition Authority

Agenda:

  • 8:00 Breakfast and Coffee
  • 8:15 Welcome and introduction | Páll Gunnar Pálsson, Director General at Icelandic Competition Authority
  • 8:20 Opening remarks | Lilja Dögg Alfreðsdóttir, Minister of Culture and Business Affairs
  • 8:25 Keynote speech | Pierre Régibeau, Chief Competition Economist at DG Competition
  • 8:50 Panel discussion
  • 9:40 Closing remarks | Sveinn Agnarsson, Chairman of the board of the Icelandic Competition Authority

Information about participants

Ana Sofia Rodrigues Chief Economist and Head of the Bureau of Economic Studies and Market Monitoring of the Portuguese Autoridade da Concorrência (AdC) since October 2015, after a year as Senior Competition Expert at the OECD. Before that, she held various positions at AdC. She holds a PhD in Economics from the University of York (2008).

Ásgeir Jónsson has been the governor of the Central Bank of Iceland since 2019. He received M.Sc. degree in economics from Indiana University in 1997 and Ph. D. degree from the same university in 2001. Before taking on the role at the Central Bank of Iceland Ásgeir was the president of the Economics Department at the University of Iceland.

Lilja Alfreðsdóttir has been a member of the cabinet since 2016 and the Minister of Culture and Business Affairs since November 2021. Prior to her political career Lilja held various positions for the Central Bank of Iceland and the International Monetary Fund in Washington D.C. Lilja holds an M.A. in economics from Columbia University in New York.

Martin Gaynor is the E.J. Barone University Professor of Economics and Public Policy at Carnegie Mellon University and former Director of the Bureau of Economics at the U.S. Federal Trade Commission. Professor Gaynor's research focuses on competition and incentives in health care, and on antitrust policy. Mr. Gaynor received Ph.D. degree from Northwestern University in 1983.

Páll Gunnar Pálsson has been Director General of the Icelandic Competition since 2005. Previously he held positions in public administration, in the fields of industry, commerce, energy, and financial supervision. He is a lawyer by education.

Pierre Régibeau is the Chief Competition Economist at DG Competition. He specializes in the field of Industrial Organisation, law and economics and international business. Dr Régibeau holds a PhD in Economics from the University of California at Berkeley. Since 1987 he has held teaching positions at MIT, Northwestern University, the University of Barcelona, and the University of Essex, where he is currently a visiting honorary professor.

Sveinn Agnarsson is Chairman of the Board of Directors of the Icelandic Competition Authority. He is a full professor in economics at the Faculty of Business Administration at the University of Iceland. Sveinn holds an undergraduate degree in history from the University of Iceland and a PhD in economics from the University of Gothenburg. His research has mainly focused on various aspects of fisheries management and research utilisation, as well as applied microeconomics.

Valur Þráinsson has served as the Chief Economist at the Icelandic Competition Authority since 2019. He holds a B. Sc. in Economics from the University of Iceland, an M. Sc. degree in Economics from the University of Amsterdam with a special focus on IO, regulation and competition policy and a PG Diploma in EU Competition Law from King's College London.

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