A CRA expert was retained by a leading manufacturer of probiotics to value patents and trade secrets that were to be assigned as part of a negotiated settlement in a class action litigation. CRA’s team of consultants conducted extensive interviews with research, manufacturing engineering, marketing and business, legal, regulatory, and finance representatives to obtain relevant information necessary to apply the market and income approaches for the patented technology. Financial models, an appraisal report, and a sworn declaration were provided to support the litigation settlement.
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...