Page 8 - Bulletin No. 14 - Free Competition

BOLETÍN de Libre Competencia PANAMÁ On November 30 and December 1, 2017, ACODECO For the working session of the second plenary session, the
International Workshop on
hypothetical case of the first session was addressed in
Unilateral Conduct
relation to hotel reservations through technological
platforms, adding additional information, this generated a
participated in the workshop on Unilateral Conduct of the
scenarios for to carry out the analysis of the same. An
International Competition Network (ICN) organized by the greater debate, especially due to the expansion of
Authority Responsible for Competition and the Italian interactive session was given exploring the different
Market (AGMC acronym in Italian). possibilities of market power in the context of the platform
with the information provided, focusing on the role that
market participation could or could not play.

The third plenary addressed the issue related to the
evaluation of price parity agreements, in response to work
schemes and compliance experiences. For the working
session of this topic, a hypothetical case related to retail
sales platforms was addressed, where an interactive
session was developed in relation to vertical restraints,
evaluating the possible effects of price agreements in the
hypothetical case raised.

The event was developed through plenary sessions and Participations like this allow ACODECO to have elements
multiple work session in previously formed groups in to better analyze the relevant aspects in relation to digital
attention to the specialties, mainly lawyers and age markets, especially in aspects of free competition, the
economists. In the first plenary the exhibition turned into acquired knowledge, as well as the positive synergies that
how to enforce the competition law in the digital era , with are generated with these events, they are translated into
all the challenges that have to be overcome, especially being able to perform analyzes according to current events
because of the complex nature of the territorial scope at a that reflect the digital markets, especially because of their
given moment, as well as the handling of large volumes of dynamic in the current context.
information, which become a challenge for the competition
authorities.

In the work sessions on this topic, a hypothetical case
related to the hotel reservation was addressed through
technological platforms, in which representatives from
different agencies could interact and exchange ideas, as
well as access the experience that it has been possible to
achieve in similar cases or that have some type of
relationship on the part of agencies with greater
development of digital markets.

The second plenary session dealt with evaluating the
market power of technological platforms, where traditional
concepts to evaluate market participation are not
necessarily the most effective, a platform can at one time
have a large market share, but A change in any of the
conditions of the same, can generate important structural
changes in the short term, especially because consumers
can access the different platforms at very low cost,
something that does not occur in traditional markets, where
geographical location by example, it plays an important
role when it comes to making the consumption decision,
and it is not so easy to change providers at any given time,
for example.

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