In Antitrust Law Journal, Michelle Burtis and her co-author review the use of empirical tools for drawing inferences about the existence of a price structure and determining common impact for all proposed class members. While such tools can be used to uncover relevant economic relationships, the authors also discuss the pitfalls associated with using them in the context of class certification. To read the article, click the link below.
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...