On November 6, the fourth annual MootComp concluded. This year’s event was held as a virtual event. This competition contest is directed towards law and economics students throughout Latin America, and this year teams from three countries, Peru, Argentina, and Mexico, took part.
The law firm of Mijares, Angoitia, Cortes y Fuentes, the Federal Economic Competition Commission, Anahuac University – Mexico City, the Regulation and Economic Competition the Interdisciplinary Program (PIRCE), the Mexican Association of Energy Economics (AMEE), the Global Economics Group, the Center for Research and Teaching in Economics (CIDE), the Monterrey Institute of Technology, Competition Policy International, the University of Monterrey, the National Association of Business Lawyers, the Global Competition Review, Latin Lawyer, and the Mexican Bar Association were all involved in the event.
Following the case method, the competition consisted in defending a particular position provided to participating teams concerning a hypothetical situation about a possible abuse of dominance position which could take place in the value chain in the sale of gasoline arising from the vertical integration of economic agents taking part in the hydrocarbon industry, first in writing and subsequently in a hearing allowing them to orally submit their arguments before a jury consisting of prominent practitioners and academics in the field of competition and energy throughout Latin America.
“MootComp 2020 was a unique experience full of learning. In spite of the fact that we designed a complex case which involved both economic competition and energy, participants demonstrated for the fourth consecutive year that new generations of students have the capacity, enthusiasm, and motivation to reach interdisciplinary academic excellence and show the great potential they have to offer to the labor market. We are convinced that the case method is a unique tool to bolster student capabilities. We are very thankful for the coaches and judges who, giving their time and dedication, demonstrated a commitment to education and the search for a better future. The challenge in carrying out a virtual MootComp event broke paradigms and showed the strong links which unite the countries of Latin America. For us, this is only the beginning and we will continue the effort to offer to all Latin American students a forum which will allow them to train themselves and be heard with the intention of opening the road to achieving their personal and professional goals, always trying to ensure that it is a humanizing experience,” commented Carlos Orci, MootComp‘s Founder and Director.
With a growth of more than 100%, this year MootComp had more than 300 participants at a national and international level, organized into 63 teams from 52 universities, with 88 coaches and more than 90 judges from throughout the Spanish-speaking world. Throughout the competition, participants had coaches and experts on the energy industry who voluntarily advised teams on economic and legal questions in order to resolve the case.
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