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Hans Peter Møllgaard

Home Nørrevænget 118 Mobile: +45-21622015

address DK-3500 e-mail: hpmollgaard@gmail.com

Denmark Skype ID: peter.mollgaard118

Business Department of Economics Phone: +45-38152584

address Copenhagen Business School (CBS) Porcelænshaven 16A (1.79)

DK-2000 Frederiksberg e-mail: hpm.eco@cbs.dk

Date of Birth February 23, 1964 Citizenship: Danish

Family: Married to Lene Kastrup Møllgaard, three children (born 1995, 1998 and 2004) Education 1993 Doctor of Economics (Ph.D.), European University Institute (EUI), Italy

1990, M.A. in Economics, EUI

1989, Cand.Polit., University of Copenhagen

Current Apr. 2009 – present, Professor of Industrial Organization, CBS Positions Jan. 2005 – present, Head of the Department of Economics, CBS Previous Full-Time Positions:

Oct. 2001 – Mar. 2009: Professor with a special assignment in Law & Economics, CBS Aug. 1996 – Sep. 2001: Associate Professor of Applied Microeconomics, CBS

Sep. 1994 – July 1996: Assistant Professor, Dep.t of Economics, University of Aarhus Sep. 1993 – Aug. 1994: Head of Section, Ministry of Industry and Coordination, DK Sep. 1992 – Dec. 1992: Visiting Scholar, Dep.t of Economics, Stanford University Sep. 1989 – June 1993: PhD Student, European University, Florence, Italy

Sep. 1988 – Aug. 1989: Head of Section, Ministry of Finance, Denmark Current Professional Activities:

2012-present Member, Capital Growth Forum 2007-present Member, VL-70 (a network of business leaders)

2004-present Board member, Energinet.DK

2004-present Associate member, Centre for Competition Policy (CCP), U. of East Anglia 2003-present Fellow, Economics Network for Competition and Regulation, U.of Amsterdam

Academic areas:

Industrial Organization; Competition Policy and Antitrust Economics; Microeconomics; Law & Economics

Languages: Danish (mother tongue); English (fluent); Italian (conversational); French (good); German (good); Spanish (notions); Swedish (understood); Norwegian (understood)

Sports: Running, swimming, biking, kayaking and skiing. Other leisure: Classical guitar, listening to jazz, reading literature.

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H. Peter Møllgaard, p. 2

Previous experience:

Organizations/commissions:

Member (independent expert), Commission on Competition Legislation,

Ministry of Economic and Business Affairs (ØEM)

2009-2012

Secretary, Association of Competition Economics (ACE) 2007-2010 Academic delegate, Nordic Globalization Forum, Riksgränsen &

Keflavik

2008-2009 Member, Commission on Change of Danish Merger Control, ØEM 2007-2008

Academic partner, Copenhagen Economics 2000-2008

Member of the executive committee,

European Association for Research in Industrial Economics (EARIE)

2000-2006

Vice President, Danish Competition Law Society 2000-2010

Deputy to the independent expert members of the Competition Council

1997-2001 Member and co-founder, Centre for Industrial Economics (CIE) 1995-2012

University governance:

Member, CBS Team for assessing the strategy process Spring 2013 Member, CBS Task force for assessing administrative

reorganization

2012-2013 Chair, CBS Strategy group on “Improving Society through

Research”

Spring 2010 Chair, CBS Task force on recruitment of scientific personnel 2009-2010 Member, CBS Task Force on “Committing to Excellence” Autumn 2009

Board member, CBS Learning Lab 2007-2009

Member, Working Party on the Quality of CBS’ Administration 2007-2008 Member, Working Party on the Financial Management of CBS Spring 2006 Program coordinator, CBS M.Sc. of Applied Economics and

Finance

2002-2005 Member, Board of the Department of Economics, CBS 2002-2004 Member, Faculty Council, Faculty of Economics and Business

Administration, CBS

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Teaching Experience: Numerous courses on: At the following institutions:

Introductory Economics Dep.t of Economics, U.

Copenhagen

Microeconomics for Mathematical Economists Dep.t. of Mathematics, U. Aarhus

Industrial Organization (theoretical and applied; introductory and advanced)

Dep.t of Economics, U. Aarhus

Undergraduate Microeconomics and Trade Central European University, Prague

Graduate Game Theory CBS

EU Competition Policy and Industrial Economics Maersk International Shipping Education Liberalization and regulation

State and Market

CRESSE: Competition and Regulation European Summer School for Executives, Greece Merger control

Refereeing (selected): RAND Journal of Economics; International Journal of Industrial Organization; Journal of Industrial Economics; Journal of Industry, Competition and Trade; Scandinavian Journal of Economics; European Economic Review; Journal of International Business Studies; Journal of Competition Law and Economics; Applied Economics; Manchester School; Oxford Economic Papers; Scandinavian Journal of Management; Information Economics and Policy

Research grants:

- Danish Council for Strategic Research, DKK 11 million, “'5s' - Future Electricity Markets” (with DTU and a consortium of institutions and companies), 2013-2017 - ForskEL, ENERGINET.DK, DKK 26,4 million, “TotalFlex” (www.TotalFlex.dk, with a

consortium of academic institutions and companies), 2012-2015

- Danish Social Sciences Research Council, DKK 4,974,356, “Risky Power: Choice of technology, security of supply, and market power in power market”, 2007-2011 (Principal Investigator)

- Danish Ministry for Business and Industry, “Consumer information, information transmission, and competition” (with Per B. Overgaard, U. Aarhus)

- European Commission, PHARE-ACE research grant P97-8122-R, “Multinational firms and vertical restraints in Eastern Europe, and EU enlargement: problems for competition

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H. Peter Møllgaard, p. 4 policy” (with a number of academic institutions across Europe), 1999-2001.

- European Commission, PHARE-ACE research grant P95-2152, “East-West Trade Bilateralism and Patterns of Foreign Direct Investment in Europe”, (with a number of academic institutions across Europe), 1995-1998

Grants:

- Received the FUHU Research Communication Award 2008 with six colleagues, in particular for a path-breaking cooperation with DR, the Danish National Broadcasting Corporation, We delivered features on economics and the economy during six months in 2007.

PhD Dissertations supervised to completion

- Benedikte Rosenbrinck, “Revenue Management: Economic, Competitive and Organizational Consequences”, August 2005

- Petter Berg, “Cartel Damages and Cost Asymmetries”, February 2012 Current PhD supervision:

- Nihat Misir, “A Real Options Approach To Determining Power Prices”, expected Summer 2013

- Luis Boscán, “Designing af Market Place for Trading Demand Flexibility in Power Markets”, expected 2015

Consulting jobs: Danida, Copenhagen Economics (for a variety of customers), Telestyrelsen, Plesner, OECD, Eastern and Western High Courts (expert witness on damages on two occasions), Norwegian Competition Authority, EU DG Competition, Copenhagen Airports, AP Møller-Mærsk, Danish Bankers’ Association, Danish Consumer Council, Danish Competition and Consumer Agency.

Further Training and Education

- Personal drive. A two-day management course organized by Kjerulf & Partners for CBS ECON leadership team.

- CBS Lead: A two-year programme organized for CBS by Implement, 2009-2011. Four modules on 1) personal leadership, 2) strategic management, 3) leading change, and 4) execution. In addition, the programme entailed a 360 degrees leadership code.

- Institutlederkursus: Management and Leadership Training for Heads of Department arranged by University of Southern Denmark and Universities Denmark, 2006-7. 13 days of training in management, strategy, organization and leadership. - Academic writing, Natalie Reid for CBS, 2009 (three days)

- Presentation techniques, Kvorning, 2007 (four hours)

- Media training: get your message across, JKL, 2004 (two days)

- Rhetoric: oral communication, theories and strategies of rhetoric, CBS, 1999 (four hours) - Use of voice and presentation techniques, CBS, 1998 (four hours)

- Teach your students better writing, CBS, 1998 (three hours)

- Case Teaching Workshop: goals, methods and practice, CBS 1996 (three days) - Pedagogical training for academics, University of Aarhus, 1995 (five days)

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Articles in English:

1. “Law-Assisted Collusion? The Transparency Principle of the Danish Competition Act”

(joint w. Svend Albæk and Per B. Overgaard), European Competition Law Review, 17(6), 339-343, 1996.

2. “Asymmetric Adjustment in Symmetric Duopoly” (joint w. Per Svejstrup Hansen, Per

B. Overgaard, and Jan Rose Sørensen), Economics Letters 53, 183-188, 1996.

3. “A Squeezer Round the Corner? — Self-Regulation and Forward Markets”, The Economic Journal, 107(440), 104-112, 1997.

4. “Government-Assisted Oligopoly Coordination? A Concrete Case” (joint with Svend

Albæk and Per B. Overgaard), Journal of Industrial Economics 45(4), 429-443, 1997.

5. “Globalisation in Emerging Markets: Does Foreign Capital in Central Europe

Promote Innovation?” (joint with Jochen Lorentzen and Matija Rojec), Journal of International Relations and Development, 1(1-2), 84-104, 1998.

6. “Partnerships, Buy-Out Options and Investment in Emerging Markets” (joint with Per

B. Overgaard), Scandinavian Journal of Economics 101(4), 651-672 1999.

7. “The Ineffective Harmonisation of Danish Competition Law” (joint with Niels

Blomgren-Hansen), European Competition Law Review 20(5): 287-291, 1999.

8. “Market Transparency and Competition Policy” (joint w. Per B. Overgaard), Rivista di Politica Economica 91: 11-58, 2001.

9. “Market Domination: Tests applied to the Danish cement industry” (joint w. Lisbeth F.

la Cour), European Journal of Law and Economics 14: 99-127, 2002.

10. “Meaningful and Measurable Market Domination” (joint w. Lisbeth F. la Cour),

European Competition Law Review 24(3): 131-135, 2003.

11. “Competition Compliance: Limits to Competition Policy Harmonisation in EU

enlargement” (joint w. Jochen Lorentzen), European Competition Law Review 24: 2003.

12. “Host-country Absorption of Technology: Evidence from Automotive Supply

Networks in Eastern Europe” (joint w. Jochen Lorentzen and Matija Rojec) Industry and Innovation 10(4): 415-432, 2003.

13. “Exclusive Safeguards and Technology Transfer: Subcontracting Agreements in

Eastern Europe’s Car Component Industry” (joint w. Jochen Lorentzen), European Journal of Law and Economics 17: 41-71, 2004.

14. “The Competition Law and Economics of Electricity Market Regulation” (joint w.

Claus Kastberg Nielsen), European Competition Law Review 25(1): 37-43, 2004.

15. “Countervailing Power and Price Transparency” (joint w. Morten Hviid), Scandinavian

Journal of Economics 108(3): 499-512, 2006.

16. “Simultaneous v. sequential market delineation – the case of salmon” (joint w. Niels

Haldrup & Claus Kastberg Nielsen) Journal of Competition Law & Economics 4(3), 893-913, 2008.

17. “Transparency and Coordinated Effects in European Merger Control” (joint w. Svend

Albæk & Per Baltzer Overgaard), Journal of Competition Law & Economics 6(4), 839-851, 2010.

18. “Fishy Business: Multijurisdictional treatment of a merger in salmon farming”,

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Peter Møllgaard List of Publications

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Book Chapters in English:

19. “Oil Futures and Strategic Stocks at Sea” (joint w. Louis Phlips) in L. Phlips and L.D.

Taylor, ed.s, Aggregation, Consumption and Trade, Kluwer Academic Publishers, Dordrecht, 1992.

20. “The Danish Competition Act and Barriers to Entry” (joint w. Svend Albæk and Per B.

Overgaard), in Stephen Martin (ed.) European Competition Policies,Elsevier-North Holland Publishers, 1998.

21. “Access to Essential Facilities and the Danish Competition Act” in Thomas Riis &

Ruth Nielsen (eds.) Law and Economics — Methodology and Application, DJØF Publishing, Copenhagen, 1998.

22. “Competition Policy and Innovation” (joint w. Jo Lorentzen) in Patrizio Bianchi and

Sandrine Labory (eds.) International Handbook on Industrial Policy, Edward Elgar, 2006.

23. “Transparency and Competition Policy” (joint w. Per Baltzer Overgaard) in Mats

Bergman (ed.) The Pros and Cons of Information Sharing, Swedish Competition Authority, 2006.

24. “Industrial Economics in Scandinavia, 1880-1980” (joint with Nicolai Foss) in Henk

de Jong and William Shepherd, eds. Pioneers of Industrial Economics, Edward Elgar, 2007.

25. “Excessive Prices as an Abuse of Dominance? A Test Applied to the Danish Cement

Industry” (joint w. Lisbeth la Cour) in Yannis Katsoulacos (ed.) Abuse of Dominance, Athens: AUEB, 2007.

26. “Information Exchange, Market Transparency and Dynamic Oligopoly” (joint w. Per

Baltzer Overgaard) ch. 51 in Wayne Dale Collins (ed.) Issues in Competition Law and Policy, American Bar Association, 1241-1268, 2008.

27. “Research Strategy at the Copenhagen Business School” (joint w. Nicolai J. Foss) in

Jan Molin & Alan Irwin (eds.) The Distinctiveness of Diversity – CBS: A Case in

Point, CBS Press,103-125, 2009.

28. “Calculation of Damages in the District Heating Pipe Cartel”, ch. 6 in Bruce Lyons

(ed.) Cases in European Competition Policy, Cambridge University Press, 159-176, 2009.

Articles in Danish:

29. “Input-Output Prismodeller — Teori og Empiri” (Input Output Price Models –

Theory and Application), Ceteris Paribus, 6, 5-14, 1989.

30. “Dansk Konkurrenceret og Vertikal Kontrol” (Danish Competition Law and Vertical

Control), (joint with Svend Albæk and Per B. Overgaard), Nationaløkonomisk Tidsskrift 133, 268-283, 1995.

31. “Markedsmagt” (Market Power), Nationaløkonomisk Tidsskrift 136, 350-369, 1998. 32. “Konkurrenceret og retsøkonomi”(Competition law and Law & Economics),

Samfundsøkonomen 3, 19-24 (joint with Per B. Overgaard), 2000.

33. “Frie markedskræfter, regulering og markedsmagt” (Free market forces, regulation

and market power), Samfundsøkonomen 2, 4-11, (joint with Niels Blomgren-Hansen), 2004.

34. ”Kampen om mælken – Konkurrenceråd vs. monopol og ankenævn” (The battle for

the milk – Competition Council v. Monopoly and Appeals Tribunal), Økonomi og Politik 77(2): 18-34 (joint with Niels Blomgren-Hansen), 2004.

35. ”Økonomiske aspekter af el-markedets konkurrencepolitik” (Economic aspects of the

competition policy of electricity markets), Økonomi og Politik 77(2): 51-59 (joint with Claus Kastberg Nielsen), 2004.

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36. ”Konkurrencelovgivningen i Danmark: Mål og Virkning” (Competition legislation in

Denmark: aims and effects), Erhvervsjuridisk Tidsskrift 4/2006, 316-325, 2006.

37. ”Hvor meget og hvordan vedrører konkurrenceloven danske virksomheder?” (How

and how much does the Competition Act affect Danish firms?), Samfundsøkonomen

3, 11-18, 2010.

Book Chapters in Danish:

38. “Homogenitet i Input-Output Prismodeller” (Homogeneity in Input Output Price

Models”) in L. Spange Mortensen, ed., Symposium i Anvendt Statistik, UNI.C, Århus (pp. 229-250), 2001.

39. “Den Danske Konkurrenceret i Moderne Industriøkonomisk Belysning” (The Danish

Competition Act from a Modern Industrial-Economics Viewpoint), (joint with Per B. Overgaard and Ole Øhlenschlæger Madsen), in Per N. Bukh og Peter Skott, eds.,

Markeder i Opbrud, 1996.

40. “Industriøkonomi” (Industrial Organization), (joint w. Stephen Martin, Per Baltzer

Overgaard and Christian Schultz), in Christian Hjorth-Andersen, ed., Udviklingslinjer i økonomisk teori, Jurist- og Økonomforbundets Forlag, 2000.

41. “Aalborg Portlands Markedsstilling og Markedsmagt” (The Market Position and

Market Power of Aalborg Portland), (joint w. Lisbeth F. la Cour) in Niels-Erik Jensen & Peter Linde (eds.) Symposium i Anvendt Statistik 2001, Copenhagen: University of Copenhagen & Statistics Denmark (pp. 279-294), 2001.

42. “Industriøkonomi” (Industrial Economics) in Ivar Friis, Mark Lorenzen & Tamás

Vamosi (eds.) Erhvervsøkonomisk Teori, Copenhagen: Samfundslitteratur, 2004.

43. “Fra gennemsigtighed til forbud: Konkurrencerådet 1990-2009” (From transparency

to prohibition: the Danish Competition Council 1990-2009) in Svend E. Hougaard Jensen & Peter Møllgaard (red.) Design og styring af institutioner – økonomiske

essays til ære for Niels Blomgren-Hansen, Copenhagen: Handelshøjskolens Forlag, 2009.

44. “Gennemsigtighed og koordinerede effekter i fusionskontrol” (Transparency and

coordinated effects in merger control; joint with Svend Albæk& Per Baltzer Overgaard) in Per Nikolaj Bukh and Niels Peter Mols (Eds.) Strategi og

driftsøkonomi: Festskrift til Ole Ø. Madsen. København : Gyldendal, 2009; pp. 27-43.

45. “Fremtidens klimaledere” (Climate Leaders of the Future), (joint with Susse Georg

and Christian Erik Kampmann) in Eva Born Rasmussen, Sigurd Bunk Lauritsen & Hans-Martin Friis Møller (eds.) Håndbog i Klimaledelse; Forlaget Andersen.

46. “Konkurrence og konkurrencepolitik” (Competition and competition policy) in John

Smidt (red.) Jubilæumsskrift: De Økonomiske Råd · 1962-2012. København : De Økonomiske Råd, 2012. pp. 229-239.

Books in Danish:

47. Design og styring af institutioner – økonomiske essays til ære for Niels

Blomgren-Hansen (Design and Governance of Institutions – Economic Essays in Honour of

Niels Blomgren-Hansen): Svend E. Hougaard Jensen & Peter Møllgaard (Eds.), Copenhagen: Handelshøjskolens Forlag, 2009

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Peter Møllgaard List of Publications

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Unpublished Working Papers:

48. “Dynamic Game Treatment of an Oligopoly Model of Prices with Demand Inertia: An unsolved solved problem?” paper presented in the Graduate Module on Differential Games organized for COMETT by INRIA, Sophia-Antipolis, France

49. “Oil Stocks as a Squeeze-Preventing Mechanism - Is self-regulation possible?” (joint w. Louis Phlips), Working Paper no. 93/12, 1993, EUI

50. “Bargaining and Efficiency in a Speculative Forward Market”, Working Paper no. 93-39, 1993, EUI

51. “FDI-Promotion in Denmark”, mimeo, presented at the Workshop on East Central Europe and the Global Economy, European Studies Department, Central European University, Prague, 1994

52. “Strategic Inventories in Two Period Oligopoly”, Working Paper no. 1994-29, Department of Economics, University of Aarhus, 1994

53. “Monopoly and Difference of Opinion in Futures Trading”, mimeo, Department of Economics, University of Aarhus, 1994

54. “Dynamic Bargaining in a Market with Multiple Encounters and a Time Constraint”,

mimeo, Department of Economics, University of Aarhus, 1995

55. “The Danish Competition Act from an Industrial Economics Viewpoint”, mimeo, Department of Economics, University of Aarhus, 1995

56. “Clout: Control vs. Prohibition in the Danish Competition Regime”, mimeo, Department of Economics, University of Aarhus, 1996

57. “Asymmetric Adjustment in Menu Cost Duopoly” (joint with Per Svejstrup Hansen, Per B. Overgaard, and Jan Rose Sørensen), Working Paper No. 1996-10,

Department of Economics, University of Aarhus, 1996.

58. “Strategic Adjustment Asymmetries” (joint with Per Svejstrup Hansen, Per B.

Overgaard, and Jan Rose Sørensen), mimeo, Department of Economics, University of Aarhus, 1997.

59. “Danfoss Compressors’ Investment in Slovenia: Motives and Obstacles” Working Paper 7-97, Department of Economics, Copenhagen Business School, 1997. 60. “A Siemens Investment in Slovenia: Motives and Obstacles” (joint with Philipp

Schröder) Working Paper 8-97, Department of Economics, Copenhagen Business School, 1997.

61. “A Bosch-Siemens Investment in Slovenia: Motives and Obstacles” (joint with Philipp Schröder) , Working Paper 2-98, Department of Economics, Copenhagen Business School, 1997.

62. “Market Transparency: A Mixed Blessing?” (joint w. Per B. Overgaard), CIE

Discussion Paper 99-15, Centre for Industrial Economics, University of Copenhagen, 1999.

63. “(Af-)Sløring af stiltiende karteller” (Revelation of tacit collusion), (joint w. Charlotte Bornhøft), mimeo, Department of Economics, CBS, 2000.

64. “Strategic inventories in two-period oligopoly” (joint w. Sougata Poddar and Dan Sasaki), Discussion paper 00-17, Department of Economics, University of Exeter, 2000.

65. “Oligopoly Equilibrium with Generalised Strategies”(joint w. Sougata Poddar and Dan Sasaki), work in progress, CBS, National University of Singapore & University of Exeter

66. “Aktive forbrugere og økonomisk performance” (Active consumers and economic performance), working paper, Centre for Economic and Business Research, CBS, 2011.

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Work in Progress:

67. “The competitive effects of state aid in oligopoly”, mimeo, Department of Economics, CBS, 2007.

68. “Research Strategy at the Copenhagen Business School” (joint w. Nicolai J. Foss),

mimeo, Department of Strategic Management and Globalisation & Department of Economics, CBS, 2010 (under review).

69. “Services of General Economic Interest: What’s up and down?” (joint w. Grith S. Ølykke), mimeo, Law Department and Department of Economics, CBS, 2013 (under review).

Popular publications in economics

70. “Nobelpris til tre spillefugle” (Nobel prize to three gamesters), Børsen, October 19, p. 15, joint w. Svend Albæk and Per B. Overgaard.

71. “Konkurrenceloven — hvad er der galt?” (The Danish Competition Act — what is wrong?), Morgenavisen Jyllandsposten, August 2, joint w. S. Albæk and P.B. Overgaard.

72. “Konkurrencelov med konsekvens og uafhængighed” (Competition Act with

Consequence and Independence), Børsen, August 13, joint w. S. Albæk and P.B. Overgaard.

73. Teleauktioner på bølgelængde med samfundet” (Are tele auctions at society’s wave length?), Berlingske Tidende Erhvervskronikken, November 26, joint w. Christian Schultz and Claus Kastberg Nielsen.

74. “Forbrugerinformation, informationstransmission og konkurrence” (Consumer information, information transmission and competition), Facts om

afsætningsøkonomisk forskning 14: 5-8, joint w. Per Baltzer Overgaard

75. “Markedsgennemsigtighed” (Market Transparency) Facts om afsætningsøkonomisk forskning 17: 7-9, joint w. Per Baltzer Overgaard

76. “Two summits, one city and the big fudge,” European Business Forum, joint w. Jochen Lorentzen, http://www.ebfonline.com/main_feat/trends/trends.asp?id=368.

77. “Komkurrencerod” (Competition Mess), Morgenavisen Jyllandsposten’s kronik, February 7, 2003, joint w. Niels Blomgren-Hansen.

78. “Mælkens andel af konkurrencen” (Milk’s share of competition), Morgenavisen Jyllandspostens kronik, November 24,2003. joint w. Niels Blomgren-Hansen.

79. 12 features at the programme Orientering of DR (the Danish National Broadcaster) –

see www.cbs.dk/econ for a list of programmes.

80. “Hul på konkurrencen eller hul i hovedet?” (Break through for competition or breaking the skull?), Børsen, letter to the editor, November 6, 2009.

81. “Aktive forbrugere og økonomisk vækst” (Active consumers and economic growth),

Politiken’s kronik, June 21, 2011, joint w. Rasmus Kjeldahl.

82. “Er konkurrencepakken en jule - eller kalendergave?”, Økonomisk Ugebrev 19(36), p. 8, 2012.

83. "The Danish Parliament adopts amendments to the Danish Competition Act introducing criminal sanctions against cartels", e-Competitions Bulletin,

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