José Azar and Isabel Tecu, with Martin C. Schmalz, wrote a paper entitled “Anti-Competitive Effects of Common Ownership.” In this paper, using the airline industry as a laboratory, the authors provide evidence that common ownership by large diversified institutional investors has adverse effects on product market competition.
CRA announces vice president promotions
CRA is proud to announce the promotions of four new vice presidents: Andrea Asoni in the Antitrust & Competition Practice; Rachel Berk in the Risk,...