Despite reforms undertaken by both the US Department of Justice and the Federal Trade Commission, complying with a Second Request in a merger review remains a costly and time-intensive process. The sheer volume and scope of data demanded can be staggering, but Matthew List discusses how this burden can be managed effectively by engaging with the legal and economics staff at the agencies. 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...