Hello and welcome to today's episode of E-Syp's Global Economy Podcast.

My name is Matthias Bauer, and I will be your host for this episode.

And today we are going to talk about competition and competition policy.

And we want to discuss what antitrust policy can do to safeguard competition and at the same time promote innovation.

And we want to talk about the linkage between competition policy on the one hand

and innovation on the other bearing in mind developments in the economy of the 21st century,

recognizing that a lot of innovation these days stems from large digital

companies that are by many considered to be dominant and therefore should be broken up.

Our guest today is Dr. Orillian Portouis, an outstanding expert in the field of competition law and enforcement.

Orrillion is the director of the Schumpeter project on competition policy at ITIF.

And for those who don't know ITIF, it is the information technology and innovation foundation based in Washington, D.C.

One of the major, if not the leading economic and technology policy think tank in the United

States. Well, and in addition to steering the Schumpeter project at ITIF, Orienne is also teaching competition law,

for example, at the Global Antitrust Institute at George Mason University and at the Catholic University of Paris.

Needless to say, Orienne has published extensively about antitrust policy, principles of competition in competition

lore, and also on what Oriane himself calls antitrust populism. So, I am very happy that we

have you on this podcast today. Very well, welcome to you, Orelia. Hi, hello. Thank you very much for having me,

my chess. It's a great pleasure. It is indeed. So let's dive straight into the topic and

let's begin with a rather simple question. Competition policy is by many considered to be an

important piece in countries' economic policy toolkit.

I think this is true for developed countries, OECD countries, for example, but also developing

countries.

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