Influencing the future of competition policies in the global market During this track, you will assess the behaviour of companies and the impact of regulation on those companies in terms of (anti-) competitive behaviour. Key features of the track include industrial organisation, comprising strategic interaction within and between firms, public policy and so on; microeconomics; performance and improvement of competition policy analysis and judgements; and the ability to understand and conduct market designs.
The department has connections with competition authorities, and carries out research with them. These research areas cover things like game theory, industrial economics, detection of collusion, auction design and regulation of network utilities, all of which are covered by the track. This means you have access to the most up-to-date knowledge for your coursework and thesis.
‘Toolkit’ for success The track will provide you with a set of tools that you can put into practice in many real-life situations. The tools will comprise econometric and microeconomic techniques, such as game theory and the economics of uncertainty. You will use these tools to analyse existing competition policies and suggest ways to improve them.
Competition and Regulation is a 1-year, full-time programme taught entirely in English. Graduates will a master's degree in Economic Studies with a specialisation in Competition and Regulation.
The Competition and Regulation track will train you in the analysis of market arrangements. It will provide you with the skills needed to analyse the behaviour of firms and to monitor the effects of competition laws and regulatory policies. There are two major features of competition policy:
1. to look for unlawful behaviour, such as the abuse of dominance, collusion, merger control and so on, and how this affects competition
2. to shape the market and influence its conditions, such as through the auction of licences. For example, telecoms firms compete for licences; competition policy makers decide how many to issue in order to retain competitiveness
What will you learn? This track will give you the skills necessary to apply analytical methods to the strategic decision-making process, not only in the world of competition policy, but also in business management and regulation in general. You will gain access to constructive criticism from legal institutions during your courses.
At the end of the track, you will be able to:
• use your ‘toolkit’ to perform and improve competition policy analysis and judgements • analyse competition policy in order to be able to 1) assess its effects and 2) propose improvements
Both individual companies and public institutions have given great feedback about Maastricht University graduates in International Competition Policy. Graduates in this field are clearly highly employable. The School also maintains links with alumni to find out where they are now employed and how the application and interview processes are evolving. This means that the track can be structured in order to give you the best career prospects, as well as valuable information that will allow you to make the most of these prospects.
Graduates have found positions as, for example: - Trainee Finance at ING verzekeren (the Netherlands) - Economics Consultant at London Economics (UK) - Advisor on risk consulting at KPMG (Portugal) - Manager at EOS Health AG (Germany) - Researcher at Potsdam Institute for Climate Impact (Germany)
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Recipient: Maastricht University
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