For a multinational with a presence in Brazil, Joanna Tsai was retained by counsel in connection with a credit bureau joint venture that was proposed by five key banks in Brazil. Dr. Tsai submitted an opinion to CADE’s (Administrative Council for Economic Defense) Tribunal on the competitive effects of the joint venture and met with CADE’s commissioners to discuss the key conclusions from the economic analysis.
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...