CMA-UKRI Workshop on Market Power in Supply Chains

On February 14th, 2025, the Cambridge Initiative for Market Studies will be hosting the CMA-UKRI Workshop on Market Power in Supply Chains. The workshop aims to foster dialogue and facilitate knowledge sharing between academic researchers and policymakers working on supply chains. Through this collaboration, we seek to better understand the critical issues shaping supply chains and how they relate to the government's growth mission. To attend this event (in person or online), please register here.

Please see detailed programme here.

The workshop will feature the following talks:

  • Jakob Schneebacher (Competition and Markets Authority): Market Power in Supply Chains: What We Know, and What We Need to Know (presentation slides 1)

Discussant: Flavio Toxvaerd (discussion slides 1)

Discussant: Giacinta Cestone (discussion slides 2)

Discussant: Joel Kariel (discussion slides 3)

  • Matteo Bizzarri (University of Napoli Federico II): Multilateral Market Power in Input-Output Networks (presentation slides 4)

Discussant: Matt Elliot (discussion slides 4)

  • Flavio Toxvaerd (University of Cambridge): Bilateral Monopoly Revisited: Price Formation, Efficiency and Countervailing Powers (presentation slides 5)

Discussant: Giulio Gottardo (discussion slides 5)

  • Rémi Avignon (UMR SMART, INRAE): Markups, Markdowns, and Bargaining in a Vertical Supply Chain (presentation slides 6)

Discussant: Marium Ashfaq (discussion slides 6)

  • Michael Rubens (University of California, Los Angeles): Welfare Effects of Buyer and Seller Power (presentation slides 7)

Discussant: Jakob Schneebacher (discussion slides 7)

  • Monica Morlacco (University of Southern California): Concentration and Markups in International Trade (presentation slides 8)

Discussant: Yannis Papadakis (discussion slides 8)

Closing remarks: Economics and Policy of Supply Chains

  • Mike Walker, Chief Economic Advisor at the Competition and Markets Authority