Economists from Charles River Associates (CRA) Provide Antitrust & Competition Economics Expertise To Trulia In Respect To Its Merger with Zillow

Economists from Charles River Associates (CRA) Provide Antitrust & Competition Economics Expertise To Trulia In Respect To Its Merger with Zillow

March 2015 -- Charles River Associates has announced that economists in the Antitrust & Competition Economics Practice assisted Trulia throughout a review by the US Federal Trade Commission (FTC) of its proposed $2.5 billion merger with Zillow. On February 19, 2015, the FTC announced that it had voted unanimously to close its investigation. Zillow also announced in February 2015 the completion of its acquisition of Trulia.

CRA economists analyzed whether the merger would reduce the incentive to attract home shoppers to the Zillow and Trulia sites and whether it would create upward pricing pressure on the rates charged to real estate agents who purchase advertising on Zillow and Trulia.

“Charles River Associates is pleased to have offered our econometric expertise to assess the likely competitive effects of the proposed merger throughout the review and Second Request investigation by the FTC,” said Margaret Sanderson, Vice President and Leader of the Antitrust & Competition Economics Practice at CRA.

CRA’s team was led by Senior Academic Adviser, Professor Michael A. Salinger, and Jeffrey Prisbrey, and included Paul Labys.

About CRA’s Antitrust & Competition Economics Practice

CRA’s competition economists provide economic analysis and testimony in competition matters around the world. Many have served in government antitrust agencies and are members of premier academic, economic, and law faculties. Their experience extends to many industries, including health care, energy, computer hardware/software, retailing, telecommunications, aerospace and defense, entertainment, transportation, natural resources, sports, chemicals, pharmaceuticals, financial services, and consumer products.