The Legal 500

Innovation Theories of Harm in Merger Control

19 October 2023, 6.00pm

In Association With

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Innovation Theories of Harm in Merger Control


This webinar, brought to you by The Legal 500 and ELIG Gürkaynak Attorneys-at-Law, will cover a broad range of issues regarding how innovation considerations affect or should affect competition law assessment and will be of interest to both GCs and business owners alike.

The discussion will take place with Dr. Gönenç Gürkaynak, founding partner of ELIG Gürkaynak Attorneys-at-Law; Prof. David J. Teece, and Prof. Damien Geradin, some of the world’s leading experts in competition law. Prof. David J. Teece is the executive chairman at Berkeley Research Group and a professor of Global Business at the Institute for Business Innovation, Haas School of Business, University of California, Berkeley. Prof. Damien Geradin is the founding partner of Geradin Partners, a professor of competition law and economics at Tilburg University and a visiting professor at University College London.

Some of the topics addressed will include:

  • Innovation Theories of Harm in Merger Control: New Theories of Harm, Killer Acquisitions and Nascent Competition, Structural Presumptions, Efficiency Defenses and Remedies
  • Defining/Measuring Innovation
  • Innovation and Market Definition
  • Innovation, Market Power and Abuse of Dominance
  • U.S. and EU Agencies’ Approach to Innovation Considerations


David J. Teece, professor in global business, University of California’s Haas School of Business (Berkeley)

David J. Teece is the Thomas W. Tusher Professor in Global Business at the University of California’s Haas School of Business (Berkeley). He is also the faculty director of the school’s Tusher Center for the Management of Intellectual Capital. He is the author of over thirty books and two hundred scholarly papers and co-editor of the Palgrave Encyclopedia of Strategic Management. Dr. Teece has received eight honorary doctorates and has been recognized by Royal Honors.

Dr. Teece co-founded Berkeley Research Group, an expert services and consulting firm of economists and other professionals with expertise in domains ranging from higher education to corporate finance. Founded in 2010, BRG has more than forty offices and over 1,200 employees. Dr. Teece also founded the Law and Economics Consulting Group (LECG), where he acted as chairman and then vice-chairman.

Dr. Teece has a PhD in economics from the University of Pennsylvania and has held teaching and research positions at Stanford University and Oxford University. He has received honorary doctorates from the University of Canterbury, New Zealand; St. Petersburg State University, Russia (where he was instrumental in cofounding the Graduate School of Management); Copenhagen Business School, Denmark; Lappeentranta University of Technology, Finland; University of Calgary Haskayne School of Business, Canada; Kaunas University of Technology, Lithuania; EBS University of Business and Law, Germany; Edinburgh Business School, United Kingdom; and Keio University, Japan.

Damien Geradin, partner, Geradin Partners

Damien Geradin is the founding partner of Geradin Partners. Before founding Geradin Partners, Damien was a partner at Euclid Law, and immediately before that a partner in the Brussels office of Covington & Burling LLP.

Damien has assisted clients in many high-stake European Commission investigations, including some of the most complex abuse of dominance cases with a focus on the tech, media and telecommunications sectors. Damien has also developed expertise on the application of competition rules to the licensing of standard-essential patents (SEPs), and he is a member of the Commission Expert Group on SEP licensing and valuation.

Damien is a Professor of competition law and economics at Tilburg University and a visiting Professor at University College London. Over the years, he has held visiting Professorships at leading US law schools including Columbia, Harvard, Michigan and Yale. He was also a visiting Professor at the College of Europe, Bruges, for 15 years.

Dr. Gönenç Gürkaynak, partner, ELIG Gürkaynak Attorneys-at-Law

Gönenç Gürkaynak is the founding partner of ELIG Gürkaynak Attorneys-at-Law, a leading law firm of 95 lawyers based in Istanbul, Turkiye. Gönenç graduated from Ankara University, Faculty of Law in 1997 and was called to the Istanbul Bar in 1998. Gönenç received his LL.M. degree from Harvard Law School, and he has received his Doctor of Philosophy in Law (PhD) degree from University College London (UCL) Faculty of Laws. Before founding ELIG Gürkaynak Attorneys-at-Law in 2005, Gönenç worked as an attorney at the Istanbul, New York and Brussels offices of a global law firm for more than eight years. In addition to his membership to the Istanbul Bar since 1998, he was admitted to the American Bar Association in 2002; New York Bar in 2002 (currently non-practising; registered); Brussels Bar in 2003 – 2004 (B List; not maintained); Law Society of England & Wales, 2004 (currently non-practising; registered).

In addition to his continuing private practice as an attorney, primarily through ELIG Gurkaynak Attorneys-at-Law in Istanbul/Turkiye, Gönenç is also an Honorary Professor of Practice at University College London (UCL) Faculty of Laws and he is a Senior Research Fellow at the Center for Law, Economics & Society (CLES) at UCL. In addition to his academic role at University College London, he also teaches competition law at Bilkent University Faculty of Law in Ankara/Turkiye since 2005, and he has taught competition law in more than 10 universities in Turkiye, in the EU, in the UK and in the US in the last 18 years.

Gönenç frequently speaks at international conferences and symposia on competition law matters. He has four books, and more than 80 academic articles published in refereed international law journals.