This chapter discusses the evolution of economic and statistical models used in antitrust class certification proceedings. Since some courts have found that models relying on “average” results are not appropriate in that context, more complex and sophisticated models have been introduced to assess individualized issues of impact. However, those later generation models introduce further and different complications of analyzing antitrust impact in the context of class actions.
This chapter appears in Antitrust Economics for Lawyers. For more information, click here.
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...