Allen & Overy’s antitrust team has played an active part in the 17th annual IBA competition conference held in Florence on 13–14 September. The event, which was presented by the IBA antitrust committee and was supported by the IBA European Regional Forum, attracted antitrust and commercial lawyers in private practice, in-house lawyers, enforcement officials and academics.
Michael Reynolds, IBA president and antitrust partner, introduced the conference.
Antonio Bavasso, a partner in Allen & Overy’s London team, spoke on antitrust and innovation in the first panel, which examined how antitrust agencies protect and promote innovation and whether the right balance can be struck between the recognition of pro-competitive benefits of incentives to innovate and the anti-competitive concerns raised by certain practices, such as in patents and the use of online data.
The conference keynote speaker was Joaquín Almunia, vice-president and European commissioner in charge of competition.