CRA was retained by International Paper, a major producer of paper and packaging products, to assist in securing antitrust clearance from the Department of Justice for International Paper’s proposed acquisition of Weyerhaeuser’s containerboard packaging and recycling business. A team of CRA economists staff assisted International Paper by developing economic arguments and preparing empirical analyses that demonstrated that the transaction would not affect competition in containerboard or corrugated box manufacturing. The transaction was allowed to proceed with no divestitures and without issuance of a second request.
What happens when AI sets wages
The authors fed 60,000 freelancer profiles into eight widely used LLMs, asking each model to recommend an hourly rate. From hourly wage setting to testing for...