CRA experts prepared a natural experiment for this case. It was shown that the rivalry between the iFood and Pedidos Já was not significant, as, when one of the merging platforms was offline, consumers diverted their demand to competing platforms. The acquisition was cleared by CADE without restrictions.
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...