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Microsoft has decided to make a significant contribution to support the research of TILEC in the coming four years. The contribution will enable TILEC to expand its research in the area of competition policy and innovation, and in particular to investigate the legal and economic aspects of key technical and policy developments in the ICT sector. TILEC is honoured to count among the very few top European research centres which Microsoft has decided to support financially. It is a recognition of its achievements since its creation in 2003. In the broad area of innovation (competition law, regulation and intellectual property), TILEC is already benefiting from the generous support of Qualcomm and PWC as well as grants from NWO and the EU 7th Framework Programme. The research activities will be led by Professors Damien Geradin, Pierre Larouche and Wolf Sauter, working with a team of TILEC researchers including, among others, Lapo Filistrucchi, Tobias Klein, Matteo Negrinotti, Emanuele Tarantino, Jens Prüfer and Jasper Sluijs (and others who may join). The research made possible through this contribution will be carried out pursuant to the terms of the Declaration of Academic Independence of the Royal Netherlands Academy of Arts and Sciences.