Aim of the course is to provide the students with the tools to understand the regulation of markets provided for by antitrust legislation, also by means of interactive discussion of the case law in class.
Teaching Methods
Face-to-face lectures in class.
Assessment Methods
Oral examination. For students attending the course, the assessment will focus on the activities carried out in class; the project will be explained in class.
Texts
P. Manzini, Diritto antitrust dell’Unione europea, Giappichelli, Torino, 2023, limited to the following pages: 39-85, 125-128, 171-264. Testo base: R. Lener – P. Lucantoni, «Il mercato finanziario», Giappichelli, 2024 (EAN 979-1221105322), limted to sections I, II, III and IV.
Contents
Week 1: Introduction to antitrust law.
Week 2: Agreements restricting competition.
Week 3: Abuse of dominant position, mergers.
Week 4: Proceedings and sanctions. Antitrust law in the digital age.
Week 5: Discussion of practical cases.
Week 6: The morphology of the financial market as an institutionally regulated environment.
Week 7: Assets subject to offering and trading, from traditional financial instruments to OICR shares/units, to crypto-assets.
Week 8: the concluding part is dedicated to the dynamics of fundraising and trading: public offerings and admission to trading in light of the Prospectus Regulation, prospectus transparency requirements and their integration with ongoing disclosure.