Teaching

Current and previous course materials in economics, regulation, and competition policy.

Teaching

Current courses and teaching archive.

I teach at Universidad de la República. Current graduate courses come first; previous courses and older materials remain available in the archive. Course slides are in Spanish.

Current Development Economics Microeconomics II Regulation & Competition Guidelines Previous courses

Current courses

Master in Economics · Economic Analysis

Development Economics

Stylized facts, models, finance, productivity, institutions, culture, and reforms.

9 presentations

Course materials ↓

Master in Economics · Economic Analysis

Microeconomics II

Externalities, public goods, risk, and incentives.

5 public presentations

Course materials ↓

Master in Economics · Economic Analysis

Economic Regulation & Competition Policy

Economic regulation, access, competition, market definition, dominance, vertical restraints, and mergers.

11 presentations · cases · guidelines

Course materials ↓

Development Economics

Curso de Desarrollo Económico en la Maestría en Economía, Opción Análisis Económico.

CURRENT

Microeconomics II

Curso de Microeconomía II en la Maestría en Economía, Opción Análisis Económico.

CURRENT

01
Externalidades
02
Bienes públicosVersión pública seleccionada.
03
Riesgo
04
Incentivos — Parte I
05
Incentivos — Parte II

Economic Regulation & Competition Policy

Curso de Regulación y Defensa de la Competencia en la Maestría en Economía, Opción Análisis Económico. Los casos se integran junto al tema en que se utilizan.

CURRENT

BookRegulación económica para economías en desarrollo → · PDF

Introducción

SlidesCase Standard Oil (1911)

Monopolio natural

Slides

Regulación de monopolios naturales

Slides

Práctica regulatoria

Slides

Acceso

Slides

Mercados potencialmente competitivos

Slides

Defensa de la competencia

Slides

Mercado relevante y poder de mercado

SlidesCases DuPont (1956) · Brown Shoe (1962) · Staples/Office Depot (1997) · United Brands (1978)

Abuso de posición dominante

SlidesCases United Brands · Hoffmann-La Roche · AKZO · Microsoft · Google Shopping

Restricciones verticales

Slides

Fusiones

SlidesCases Brown Shoe · Staples/Office Depot · Torras/Sarrio · Nestlé/Perrier · GE/Honeywell

Guidelines and reference documents

Official links updated for the course. For the European Union, EUR-Lex is used whenever possible instead of old Commission PDF locations.

Market definition

EU2024Market Definition NoticeCommission Notice C/2024/1645; replaces the 1997 notice.

UKlegacyMarket definition — OFT403Adopted by the CMA, but the 2004 text remains unamended.

Market power and dominance

EUcurrentArticle 102 enforcement priorities2009 Guidance, read together with the 2023 amendments.

EU2023Amendments to the Article 102 GuidanceUpdated enforcement priorities.

UKlegacyAssessment of market power — OFT415Adopted by the CMA; original 2004 text.

UKlegacyAbuse of a dominant position — OFT402Adopted by the CMA; original 2004 text.

Horizontal agreements

EU2023Horizontal Cooperation Guidelines2023/C 259/01; replace the 2011 guidelines.

UK2023Horizontal agreements — CMA184Current CMA guidance.

USstatusCompetitor-collaboration guidance under reviewThe 2000 Collaboration Guidelines were withdrawn; replacement guidance was under development in 2026.

Vertical restraints

EU2022Guidelines on Vertical Restraints2022/C 248/01.

UK2022VABEO guidanceCurrent CMA guidance on vertical agreements.

Mergers

US2023DOJ/FTC Merger GuidelinesFinal 2023 text.

UKcurrentMerger Assessment Guidelines — CMA129Current substantive guidance; page updated in 2026.

EU2004Horizontal Merger GuidelinesCurrent text while the review continues.

EU2008Non-Horizontal Merger GuidelinesCurrent text while the review continues.

EU2026 draftDraft revised Merger GuidelinesConsultation draft; not presented as the current rule.

Status note. I do not force a U.S. document into every topic when there is no general current guideline. Historical documents remain useful, but are labelled as legacy rather than presented as current guidance.

Previous courses and archive

Earlier materials remain available, but are visually separated from the courses currently taught.

Industrial Organization — undergraduate

More recent undergraduate version: markets, strategic behavior, oligopoly, concentration, barriers, regulation, and competition policy.

Industrial Organization — FCEA, earlier version

Presentations from the earlier course at FCEA, UdelaR.

Competition Policy I — 2008 and 2015

Curso de 2008 dirigido principalmente a abogados, basado en Motta (2004), artículos y documentos oficiales. Una segunda versión fue dictada en 2015 para funcionarios de la Comisión de Promoción y Defensa de la Competencia de Uruguay.

2008

2015

Competition Policy II — graduate

Material de un curso de Maestría en Defensa de la Competencia.

Game Theory

Presentaciones de juegos bayesianos para el curso de Teoría de Juegos en FCS, UdelaR.

Games and Contracts

Presentaciones del curso de Micro III (Teoría de Juegos y Contratos), FCEA – UdelaR.

Microeconomics — earlier version

Material del curso de Microeconomía de la Maestría en Economía, FCS – UdelaR, basado en Mas-Colell, Whinston y Green.

Economic Institutions

Presentaciones del curso de Teoría de las Instituciones dictado junto a Mario Bergara en la Maestría en Economía, FCS – UdelaR.

Economic Regulation — earlier materials

Materiales anteriores de regulación económica, incluyendo presentaciones dictadas junto a Mario Bergara en la Maestría en Economía Internacional.

Regulation book →