When the Department of Justice investigated a proposed joint venture between SABMiller and Molson Coors Brewing Company, Professor Salop and CRA were retained to assist Miller’s antitrust counsel. We analyzed pricing, demand, competitive effects, and efficiencies. The investigation was closed, and the joint venture proceeded.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...