CRA assessed the market for inter-facility ambulance transport services on behalf of a plaintiff ambulance company that was unsuccessfully attempting to compete effectively against the incumbent monopolist ambulance company that was affiliated with the local hospital system. CRA analyses demonstrated that the market was appropriately limited to inter-facility ambulance transports and constrained geographically. CRA also explained the economic rationale for the hospital and incumbent ambulance company to attempt to prevent competitive expansion by plaintiff and calculated the damages associated with these anticompetitive actions. After surviving a motion to dismiss, the parties settled.
Merger simulation in second-score auctions: A nested logit model
In a recent Economics Letters article, CRA’s Martino De Stefano and Serge Moresi show how to improve the second-score auction model that is often used to...