In this Law360 article, Steven Tenn considers how the FTC undertook its recent remedy study, and compares it to an alternative approach that is widely employed in the economics literature. The article concludes that the two approaches are complementary, with both expanding our understanding of the real-world performance of merger remedies. To read the article, click the link below.
New research on the use of conjoint surveys with market simulation analysis for damages estimation in consumer protection class action litigation
Market simulations that we have seen used in consumer protection class action litigation apply what is known as the static Nash Bertrand model of competition...