
Hosted by American Bar Association · EN

Benchmarking and information sharing can be procompetitive, but modern data tools can also make it easier for rivals to coordinate on prices. But when does benchmarking cross the line into unlawful antitrust conduct? Norman Lee Morris, Attorney for Mississippi Attorney General, joins Panos Dimitrellos and Alysha Pannu to discuss the evolution of antitrust enforcement, the economic risks posed by real-time algorithmic pricing and data aggregation, and what recent cases like RealPage and Agri Stats reveal about enforcement priorities. Listen to this episode to learn more about how antitrust law applies to information exchanges, and why the economics of benchmarking matter so much in today's markets. With special guest: Norman Lee Morris, Attorney for Mississippi Attorney General Hosted by: Alysha Pannu, Osler Hoskin & Harcourt and Panos Dimitrellos, Secretariat Economists

What is happening in competition enforcement in Australia and New Zealand? Luke Woodward, Commissioner at the Australian Competition & Consumer Commission (ACCC), joins Lexi Michaud to discuss the ACCC's distinctive joint competition and consumer protection mandate, the ACCC's role in deregulation as a way to unlock innovation, growth, and productivity, and where the ACCC is focused to keep pace with changing markets. Next, Luke Becker, Chief Legal Counsel of Competition at the New Zealand Commerce Commission (NZCC), speaks with Anora Wang on the NZCC's approach to digital markets, enforcement priorities, and the application of traditional regulatory tools in evolving market contexts. Join us for a look at how Australia and New Zealand are steering competition enforcement across the Asia‑Pacific, the key developments to watch in 2026, and what these shifts mean for businesses and practitioners. With special guests: Luke Woodward, Commissioner, Australian Competition & Consumer Commission and Luke Becker, Chief Legal Counsel (Competition), New Zealand Commerce Commission Related Links: Australian Competition & Consumer Commission (ACCC) New Zealand Commerce Commission (NZCC) Hosted by: Lexi Michaud, Fried Frank and Anora Wang, Arnold & Porter

Can competition laws keep pace with the AI race? Blanche Savary de Beauregard, General Counsel at Mistral AI, joins co-hosts Anora Wang and Clémence Coppin, in collaboration with the New York State Bar Association, to discuss how a European AI company competes against U.S. and Chinese makers of AI foundation models, the strategic logic behind Mistral's major industry partnerships, and why Europe's regulatory fragmentation makes scaling uniquely difficult for emerging AI champions. Blanche offers a candid take on why both under- and over-enforcement are genuine risks in a market that can foreclose before regulators have fully mapped it. Listen to this episode for a rare industry perspective on AI competition policy in 2026. With special guest: Blanche Savary de Beauregard, General Counsel, Mistral AI Related Links: Mistral AI Hosted by: Anora Wang, Arnold & Porter and Clémence Coppin, Latham & Watkins

What has competition enforcement looked like in Italy and Portugal over the past year? Saverio Valentino, Board Member of the Italian Antitrust Authority, joins Jaclyn Phillips to discuss AGCM's 2025 enforcement record, an ongoing digital sector investigation into Meta, and a whistleblower platform that has generated over 600 complaints since 2023. Next, Nuno Cunha Rodrigues, President of the Portuguese Competition Authority, speaks with Jeny Maier about a creative hospital merger remedy, AdC's research on AI and competition, and a consumer outreach initiative that took the authority beyond Lisbon. Listen to this episode to hear how two of Europe's most active competition agencies are approaching enforcement and advocacy in 2026. With special guests: Saverio Valentino, Board Member, AGCM (Italian Antitrust Authority) and Nuno Cunha Rodrigues, President, AdC (Portuguese Competition Authority) Related Links: Italian Antitrust Authority (AGCM) Portuguese Competition Authority (AdC) Hosted by: Jaclyn Phillips, Proskauer Rose and Jeny Maier, Axinn, Veltrop & Harkrider

Algorithmic and AI-driven tools are increasingly shaping how employers set employee compensation. But how can employers avoid compliance pitfalls when use of these tools raises competition and other regulatory concerns? Economist Rose Healy joins Anora Wang and Subrata Bhattacharjee to discuss the legal and economic risks, as well as practical tools such as bias audits and event studies. Listen to this episode to learn how wage-setting algorithms are being used today—and what may lie ahead as these technologies evolve. With special guest: Rose Healy, Director, Resolution Economics Hosted by: Anora Wang, Arnold & Porter and Subrata Bhattacharjee, Borden Ladner Gervais

What is happening in competition enforcement in Malaysia and Hong Kong? Iskandar Ismail, Chief Executive Officer of the Malaysia Competition Commission (MYCC), joins Anora Wang to discuss MYCC's actions against bid-rigging, ongoing market reviews of the digital economy, and Malaysia's broader plan to consolidate competition oversight over regulated sectors like energy, with phase one targeted for completion in 2026. Next, Teenie Yu, Of Counsel at the Hong Kong Competition Commission (HKCC), speaks with Anora on the HKCC's landmark case against a bid-rigging syndicate in the building maintenance sector, HKCC's ongoing effort before the Court of Appeal over the applicable standard of proof in competition proceedings, and the agency's creative advocacy campaign regarding information exchange. Listen to this episode to learn about enforcement developments in two of Asia's fastest developing competition jurisdictions and what practitioners should be watching in 2026. With special guests: Iskandar Ismail, Chief Executive Officer, Malaysia Competition Commission (MYCC) and Teenie Yu, Of Counsel, Hong Kong Competition Commission (HKCC) Related Links: Malaysia Competition Commission (MyCC) Hong Kong Competition Commission (HKCC) Hosted by: Anora Wang, Arnold & Porter

Five years after the Supreme Court's AMG Capital Management decision limited the FTC's ability to seek monetary remedies under Section 13(b) of the Federal Trade Commission Act, the agency continues to look for ways to obtain money in consumer protection and privacy cases through other authorities and theories. At the same time, it is grappling with how to define and measure consumer injuries and benefits in an increasingly data driven economy, including through its February 26 workshop on "Consumer Injuries and Benefits in the Data Driven Economy." Hosts Lexi Michaud and Anora Wang talk with Laura Riposo VanDruff from Kelley Drye and Warren LLP and Mike LeGower from NERA about how the FTC is pursuing monetary relief after AMG, whether and how it might articulate clearer guidance for quantifying harm, and what companies should expect when facing privacy and data investigations by the FTC. With special guest: Laura Riposo VanDruff, Partner, Kelley Drye and Warren LLP and Mike LeGower, Director, Nera Economic Consulting Related Links: FTC's "Measuring Consumer Injuries and Benefits" Workshop: Key Takeaways by Kelley Drye and Warren LLP Hosted by: Lexi Michaud, Fried Frank and Anora Wang, Arnold & Porter

Hospitals, as well as insurers, have been increasingly purchasing physicians practices, home health providers, and nursing facilities. But what are the competitive implications of these acquisitions? Dr. Zack Cooper, economist and public health expert at Yale University, joins Derek Jackson and Anora Wang to discuss both the theoretical and empirical competitive harms and benefits to vertical integration in the healthcare provider market. Listen to this episode to learn more about the changing competitive landscape in this large and important sector of the economy. With special guest: Zack Cooper, Ph.D., Associate Professor of Public Health and Associate Professor of Economics, Yale University Related Links: Are Hospital Acquisitions of Physician Practices Anticompetitive? by Cooper et al., July 2025 Zack Cooper's Congressional Testimony, Fighting Obamacare Subsidy Fraud: Is the Administrative Procedure Act Working as Intended?, December 10, 2025 Zack Cooper's Senate Testimony, Consolidation and Corporate Ownership in Health Care: Trends and Impacts on Access, Quality, and Costs, June 8, 2023 Hosted by: Derek Jackson, Cohen & Gresser and Anora Wang, Arnold & Porter

M&A deals impacting the EU that are not caught by standard merger control thresholds can still be reviewed under general competition law rules. But how does this work? Frédéric Manin, lawyer at Advant Altana in Paris, joins Matthew Hall and James Hunsberger to discuss the implications of the 2023 European Court of Justice judgment in the "Towercast" case. Listen to this episode to learn more about the practical implications of this judgment for lawyers and dealmakers doing M&A that touches the EU. With special guest: Frédéric Manin, partner, Advant Altana Related Links: France Autorité de la concurrence, press release, Doctolib case (6 November 2025) France Autorité de la concurrence, press release, meat-cutting case (15 May 2024) Belgium Autorité belge de la Concurrence, press release, Proximus/EDPnet case (6 November 2023) European Court of Justice, Case C-449/21 "Towercast" (16 March 2023) Hosted by: Matthew Hall, McGuireWoods and James Hunsberger, Axinn, Veltrop & Harkrider

In February 2025, new rules for the pre-merger notification requirements in the U.S. came into effect. But will a February 2026 court decision undo these changes? Daniel Rosenthal, partner at Kirkland & Ellis, joins Jaclyn Phillips and Lexi Michaud to discuss a decision vacating the new rules, the subsequent appeal, and what might happen next. Listen to this episode to learn more about how to navigate merger filings in an uncertain time. (Since this episode was recorded, the Fifth Circuit denied the FTC's motion to stay the decision vacating the new HSR Rules. On March 19, 2026, the Premerger Office announced that the Commission is now accepting HSR filings using the Form and Instructions that were in place before the February 10, 2025, effective date of the new rule. As always, continue to follow the case and consult a lawyer for any legal advice.) With special guest: Daniel Rosenthal, Partner, Kirkland & Ellis Related Links: OCA #297 - HSR You Kidding Me? Unpacking the New Requirements for Merging Parties in the U.S. Hosted by: Jaclyn Phillips, Proskauer Rose and Lexi Michaud, Fried Frank