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The Competition Authority's Breakfast Meeting – The Impact of Competition on Economic Growth and Wages

25 August 2022

Wednesday, 31 August
from 08:30 to 09:30 | Grand Hotel and live stream | Register here

On the occasion of the meeting of the Nordic competition authorities, holds
The Competition Authority's open morning seminar on the impact of competition on economic growth and the labour market.
Wednesday, 31st August. The meeting starts at 08:30, with breakfast at 08:15.

At the meeting, Fiona Scott Morton will discuss how competition can enhance
economic growth and improved wages for the general public. This is an urgent issue in light of
the economic challenges that most countries are grappling with today.

Fiona is a professor of economics at Yale University in the United States and she has
a doctorate from the Massachusetts Institute of Technology (MIT).
Fiona has focused on competition economics.
in her research, in addition to which she worked for a time as chief economist for the competition department
the United States Department of Justice, which, among other things, is responsible for the enforcement of domestic laws
competition law.

Gylfi Magnússon, a professor at the University of Iceland, will in the wake of a lecture
Fiona responds and discusses its significance for small open economies such as
with the Icelandic one.

Access to the meeting is free of charge, but participants must Register here. For those who cannot get to the Grand Hotel, there will also be
can be followed live.

The meeting is held in connection with the annual meeting of the Nordic countries.
the competition authorities, but the Competition Authority is the host this time.

Agenda:

  • 08:15 – Coffee and
    breakfast
  • 08:30 – Paul
    Gunnar Pálsson, Director-General of the Competition Authority, welcomes guests.
  • 08:35 – Fiona
    Scott Morton, Professor of Economics at Yale University – lecture
  • 09:05 – Gylfi
    Magnússon, Professor at the University of Iceland – lecture
  • 09:15 – Questions from the floor and discussion
  • 09:25 – Lilja
    Dögg Alfreðsdóttir, Minister for Culture and Commerce, delivers the closing remarks

The meeting is chaired by Valur Þráinsson, Chief Economist.
The Competition Authority.

The meeting is held in connection with the annual meeting of the Nordic countries.
the competition authorities, but the Competition Authority is the host this time.

On the occasion of the arrival of the
The chief economists of Europe's competition authorities held
The Competition Authority held an open meeting on 13 June, where the interplay between competition, inflation and purchasing power was discussed. Lilja
Dögg Alfreðsdóttir, Minister for Culture and Commerce, delivered the opening address at
at the meeting and Pierre Régibeau, Chief Economist of the Competition Department
of the European Commission, delivered a speech. Governor of the Central Bank,
American academic and chief economist of the Portuguese Competition Authority
then took part in the discussions. Sveinn Agnarsson, Chairman of the Board
The Competition Authority delivered the closing remarks. A recording of that meeting can be viewed below.

https://www.youtube.com/watch?v=4ffHFM1KPNg

These meetings are part of an effort
The Competition Authority draws attention to the importance of competition for improving terms.
the public and contribute to a vibrant business community. 

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