Lisa Stockley is presenting at the CBA’s “Competition Economics Potluck” session. The session is focused on the critical role of economic analysis in the application and enforcement of competition law. Her presentation will examine the intersection of behavioural economics and antitrust analysis, offering legal professionals a nuanced perspective on how cognitive “biases” influence market dynamics.
Lisa will provide an overview of key behavioural economics concepts—such as decision-making “biases”—and explore how firms may strategically exploit these behavioural tendencies to distort competitive outcomes. Her remarks will emphasize how behavioural insights can complement traditional economic tools used in antitrust assessments, enhancing the analytical framework for identifying and evaluating anti-competitive conduct.
Key themes of Lisa’s presentation:
- Introduction to behavioural economics and its foundational concepts
- The strategic use of consumer biases by firms to reduce competitive pressure
- Integration of behavioural insights with conventional antitrust methodologies
- Implications for enforcement under the recent amendments to the Deceptive Marketing Practices provisions of the Competition Act
- The role of behavioural economics in quantifying the “value of benefit derived” from reviewable conduct
This session will be particularly relevant for legal practitioners seeking to deepen their understanding of how evolving economic theories are shaping the interpretation and application of Canadian competition law.
For more information on this event, click here.
