Prof. Ayal Adi

Prof. Ayal Adi
Reception hours: 


Research interests: 

Antitrust Law, Corporations, Economic Analysis of Law, Industrial Organization (economics).




Fairness in Antitrust: Protecting the Strong from the Weak (2014, Hart Publishing, Oxford)


"Antitrust Abuse: Which Power is Curtailed?", in Abuse of Power in Competition Law (Nihoul and Takahashi, eds., forthcoming, 2016)

“Good Cause Statues Revisited: An Empirical Assessment” (with Uri BenUliel), 90 Indiana Law Journal 1177 (2015)

“Anticompetitive Patents: an Incorporation Solution” (with Ya’ad Rotem), 3 Journal of Antitrust Enforcement 1 (2015)

“Revitalizing the Case for Good Cause Statutes” (with Uri BenUliel), 19 Stanford Journal of Law, Business & Finance 331 (2014)

“Is Monopoly Really Unfair?”,  5 Journal of European Competition Law and Practice 386 (2014)

“Incorporation Rules” (with Ya’ad Rotem),  10 Review of Law and Economics 1 (2014)

“Anti-Anti Regulation: The Supplanting of Industry Regulators with Competition Agencies”, forthcoming in Competition Law as Regulation? (Di Porto & Drexl eds., Edward Elgar)

“FairEconomy: Crises, Culture, Competition and the Role of Law”, 45 International Review of Intellectual Property and Competition Law 73 (2014)

“The Market for Bigness: Economic Power and Antitrust Agencies' Duty to Curtail It”, 2 Journal of Antitrust Enforcement 1 (Oxford University Press, 2013)

"Decentralized Regulation", forthcoming, in Regulations (Blanc et al., ed., Tel Aviv University Press). (with Oren Perez and Tzipi Isser-Itzik)

"Antitrust Risk in Franchise Agreements: Exemption Notwithstanding", 52 Hapraklit Law Review 519 (2013)

"Science, Politics and Transnational Regulation: Regulatory Scientific Institutions and the Dilemmas of Hybrid Authority" 2 Transnational Environmental Law 45 (2013)  (with Ronen Hareuveny and Oren Perez)

"Fairness in Antitrust: Protecting the Monopolist and Balancing Among Competing Claims", 8 Journal of Competition Law and Economics 287 (Oxford University Press, 2012)

"Public Aspects of Corporate Law: Executive Compensation and Economic Concentration as Facillitators of Change", 7 Haifa Law Review 31 (2012)

“Protecting the Strong from the Weak: The Rights of Monopolists”, 16 Hokkaido Journal of New Global Law and Policy 285 (2012)

"Economic Concentration and the Legal Mechanisms Supporting It", 170 Banking Quarterly 20 (2011)

"Buy-Me-Buy-You: Biases in the Buy-Sell Agreement", 8 Corporations 1 (2011)

"Harmful Freedom of Choice: Lessons from the Cellular Market", 74 Law and Contemporary Problems 91 (Duke University Press, 2011)

"Musings on the Importance of Economic and Legal Analysis", in Law, Society, and Culture: Does Law Matter? (Hakker and Ziv eds., 2010, Tel Aviv University Press)

"Monopolization via Voluntary Network Effects", 76 Antitrust Law Journal 799 (2010)

"The Regulation of Executive Compensation: Populist Sentiments Hiding Social Values", 7(3) Corporations 15 (2010)

“The Economic Basis of Antitrust Law”, in Legal and Economic Analysis of Israeli Antitrust Law (Gal and Pelman eds.,2008)

“Coming Full Circle: Will ‘New Economics’ Require Old Solutions in the Israeli Cellular Industry?”, 23 Bar Ilan Studies in Law 629 (2007)

“The Economic and Feminist Approaches to Law: an Eternal Feud or a Misunderstanding Among Friends?”, 10 Democratic Culture 11 (2006)

“The Monopolist as Victim: on Constitutional Rights in Antitrust”, 47 Israeli Democracy Institute Position Papers (2004)

“Can We Compensate for Incompensable Harms?”, 40 San Diego Law Review 1123 (2003)

“Economic Rhetoric: Economics and Literature in Legal Analysis”, 18 Bar Ilan Studies in Law  263 (2002)


Work in progress

Protecting the Strong from the Weak: the Surprising Implications of Fairness in Antitrust

"Voluntary Network Effects" (in progress)
"Strategic Network Foreclosure in the New Zealand Cellular Market" (in progress)


Adi Ayal holds a PhD in Economics and a PhD in Law, and is a professor at Bar Ilan University in Israel. He specializes in corporate and competition law, as well as applications of game theory to business and legal planning.  

Professor Ayal held research and teaching positions at several universities, including the London School of Economics, University of Chicago, Monash, and UC Berkeley.  He regularly teaches professional education seminars for lawyers and judges.  His book, Fairness in Antitrust: Protecting the Strong from the Weak was published in 2014, by Hart Publishing, Oxford.

Professor Ayal often serves as an economic consultant and court-appointed expert, and chairs the board of directors at Be The Bank, a P2P lending platform for small businesses and Justice Investments, a litigation funding company.  He recently headed a public commission investigating the market for television productions, by personal appointment of the Minister of Communications.

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