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Ulrich von Koppenfels studied law at the Universities of Bonn, Geneva and Freiburg, obtained a post-graduate degree from the College of Europe in Bruges and has passed the German bar examination. He has given classes in EU competition law at the Free University of Berlin and Technical University of Berlin. He is a co-author of Bornkamm/Montag/Säcker, Münchener Kommentar Europäisches und Deutsches Wettbewerbsrecht (2nd ed. 2015), Drauz/Jones, EU Competition Law - Mergers & Acquisitions (2nd ed. 2013) and Hirsch/Montag/Säcker, Competition Law: European Community Practice and Procedure (2008) and has published several other articles and essays on competition law. 10 Mario Siragusa is a partner at Cleary Gottlieb Steen & Hamilton LLP, based in the Rome and Brussels offices. He focuses on corporate and commercial matters and specializes in EU and Italian competition law as well as complex commercial litigation. He appears frequently before the European Court of Justice, the General Court of the European Union, the Directorate General for Competition of the European Commission, as well as the Italian Antitrust Authority and Italian civil and administrative courts. He lectures regularly at conferences throughout the United States and Europe and has published numerous articles in U.S. and European legal journals. He is a professor at the College of Europe in Bruges and lectures at the Catholic University in Milan. He is a member of the Commission on Law and Practices Relating to Competition of the International Chamber of Commerce in Paris. Alberto Pera, Partner, Gianni, Origoni, Grippo, Cappelli & P., Rome. Former Secretary General of the Italian Competition Authority from 1990 to 2000. Prior to 1990 he was a consultant to two Ministers of Industry for competition and antitrust issues, and head of economic research at IRI (the holding organization up to the year 2000 for Italian State-owned companies) and an economist at the International Monetary Fund from 1980 to 1985. A recognized expert in competition law and economics, he is also well versed in fields such as the regulation of public utilities and privatization policies, topics on which he has provided consultancy to several Italian Ministers and international institutions. Alberto holds a degree in Economics (La Sapienza University, 1973) and in Law (Macerata University), together with an MSc in Economics awarded by the London School of Economics. He has authored three books and over thirty articles dealing with competition, privatization and regulation, is a frequent speaker at conferences and seminars, and a member of the editorial board of the European Competition Journal and