In one of the largest oil mergers ever, CRA was retained by the merging parties to assess the potential effects of the transaction on competition in the sale of crude oil to refineries on the West Coast. Combining in-depth industry knowledge with theoretical and statistical economic analysis, CRA’s expert demonstrated that competition was unlikely to be harmed because the merging entities were not meaningful competitors in the sale of crude oil and because substantial competition was provided by foreign suppliers. The Federal Trade Commission approved the merger conditional on certain divestments.
Occupational dualism and intergenerational educational mobility in the rural economy: evidence from China and India
Yajing Jiang and her coauthors study the intergenerational educational mobility in developing economies. Using data sets that are free from the well-known...