The US government retained CRA’s expert in a merger between two tax preparation companies. After an extensive analysis of the companies’ proposed merger efficiencies, the CRA expert concluded that these efficiencies were either not merger-specific or not verifiable, or both. Ultimately the court agreed with CRA’s expert and the merger was blocked.
New research on the use of conjoint surveys with market simulation analysis for damages estimation in consumer protection class action litigation
Market simulations that we have seen used in consumer protection class action litigation apply what is known as the static Nash Bertrand model of competition...