In the Summer 2017 edition of the Transportation and Energy Industries Committee’s Newsletter, the authors examine two economic tools, the modified HHI and the modified GUPPI, that may be useful in the antitrust analysis of partial acquisitions and joint ventures. The authors motivate the economic principles underlying these two tools and discuss how the economists at the agencies may use these tools in their antitrust analysis of partial acquisitions and joint ventures. 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...