State-owned enterprises (SOEs) are increasingly being positioned by policymakers as drivers for meeting sustainability goals. While this potential of SOEs may seem promising, increased reliance on SOEs could have distortive effects on markets and lead to anticompetitive behavior by SOEs. We wish to investigate experimentally to what extent SOEs are incentivized to behave anticompetitively in a mixed duopoly market, by observing for an SOE’s predatory pricing in a market simulation. In this stage of the research, we present the policy and legal context, the experimental design and theoretical predictions. Our findings should provide input for policymakers to prevent unintended anticompetitive side-effects of increased reliance on SOEs, and extend the literature on the manifestation of predatory pricing in mixed duopoly markets.
PRESENTER
Dr. Jasper P. Sluijs
Assistant Professor
Utrecht University, School of Law
Jasper P. Sluijs is assistant professor at Utrecht University School of Law, where he co-directs the LLM ‘Law & Economics’ and the research program ‘Public Interest Ecosystems.’ He holds a PhD from the Tilburg Law and Economics Center (TILEC) and was a Fulbright Scholar at the Georgia Institute of Technology and the University of Pennsylvania. In his research dr. Sluijs studies state ownership as a driver for sustainability goals, and the market regulation that is necessary to facilitate this. He employs doctrinal and empirical legal research methods and is active in the legal design movement.
COMMENTATOR
Dr. Giovanni Ko
Assistant Professor
SMU College of Integrative Studies
Dr Giovanni Ko is Assistant Professor of Economics (Education) in the College of Integrative Studies at Singapore Management University. He graduated with a PhD from the London School of Economics and Political Science and a BA (Hons) in Mathematics from the University of Cambridge. His research interests lie at the intersection of economics, politics and law. His articles have been published in the Journal of Law and Economics and the European Journal of Political Economy. He is currently the Basket Coordinator for Economics and Society in the Core Curriculum.
MODERATOR
Dr. Stefanie Schacherer
Assistant Professor
SMU Yong Pung How School of Law
Dr Stefanie Schacherer is Assistant Professor of Law at the Singapore Management University (SMU). Prior to joining SMU, she held positions as Postdoctoral Fellow at the Centre for International Law, National University of Singapore, and at the World Trade Institute, University of Bern, Switzerland. Dr Schacherer obtained her PhD in International Law from the University of Geneva and the University of Vienna. She holds an LL.M. from King’s College London, and a Master and a Bachelor of Laws from the University of Geneva. Dr Schacherer has published widely on sustainable development and international investment law. Her monograph titled Sustainable Development in EU Foreign Investment Law was published in August 2021 with Brill Nijhoff. She is a member of the Academic Forum on Investor-State Dispute Settlement, UN Commission on International Trade Law (UNCITRAL), and serves as an advisor to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP).
