The Pennsylvania Insurance Department retained CRA to assess the competitive effects of a proposed merger of Highmark Blue Cross Blue Shield and Independence Blue Cross Blue Shield. Aided by our analysis, the Pennsylvania Insurance Department imposed substantial restrictions on the transaction and the parties abandoned their merger plans.
Trends in competition in the United States: what does the evidence show?
Has the United States economy become less competitive in recent decades? One might think so based on a body of research that has rapidly become influential for...