Filip Lubinski

We invite all of the European University Institute researchers to the 2024/25 seminar (Department of Law) Regulating Uncertainty.

https://www.eui.eu/DepartmentsAndCentres/academic-catalogue/Course-detail?course_id=LAW-RT-REGUNC-24

This seminar explores how legal institutions account for the uncertainty factor. To that end, it outlines three types of uncertainty. First, science-based industries and dynamic markets pose challenges to regulators by creating (A) technological uncertainty – i.e., a limited understanding of how a new technology operates, what role it plays in follow-on technical development, and how it impacts society. Second, regulating in a context of technological uncertainty often leads to (B) legal uncertainty – i.e., the presence of entitlements with unclear scope, conflicting rules, and unforeseeable legislative changes and judicial interpretations. Third, (C) unforeseeable or limitedly foreseeable events, such as natural disasters, pandemics, armed conflicts, or economic and financial shocks, pose challenges to regulators and necessitate the development of legal institutions limiting their effects.

Pankhudi Khandelwal (financial regulation), Velizar Kirilov (patent institutions), Alena Yarmak (AI) and, me (competition law) will explore how legal institutions account for the uncertainty factor.