Antitrust Law Section
CLE

The Economic Analysis of Collusion
(Price-fixing and Bid-rigging)
with a Digression on Estimating the Effect of a Merger on Prices in a Bid Market


1.0 hour of Standard CLE credit applied for

When:
Wednesday, October 14, 2009
12:00 noon - 1:30 pm

Where:
Dorsey & Whitney LLP
Suite 1500
50 South Sixth Street
Minneapolis, MN 55402


Cost:

$25 Antitrust Law Section members
$30
Non-Section members (MSBA
          members)
$35
 Non-MSBA members
$10  
Law Students

NOTE: You must be an MSBA member and use a Visa/Mastercard for online registration.
You should receive an email confirming your online registration.  If you do not, please contact Ashley Hacker at ahacker@mnbar.org.

REGISTER ONLINE BY: 10/09/09

OR send registration form with payment to:
MSBA
Attn: Ashley Hacker
600 Nicollet Mall #380
Minneapolis, MN 55402

Fax: 612-333-4927

Presenter:
Frederick R. Warren-Boulton

Dr. Warren-Boulton will discuss empirical/quantitative analyses used by MiCRA in selected price-fixing and bid-rigging cases for plaintiffs and defendants, including (depending on time and interest) estimating pass-through rates, over-charges and damages. Techniques will include regression analysis, forecasting, the use of stock market data to estimate damages from price fixing, and merger simulation.  Calculus is not required.

Frederick R. Warren-Boulton, a principal at MiCRA (Microeconomics Consulting and Research Associates, Inc.), has extensive academic, government, and private sector experience in antitrust and regulatory economics. He has testified and published extensively on these issues and is an internationally recognized expert in the economics of vertical restraints. Dr. Warren-Boulton has provided economic analysis and expert economic testimony in numerous matters, including his testimony for DOJ in U.S. v. AT&T, for the FTC in Staples and for the States and DOJ in Microsoft.

From 1983 to 1989, Dr. Warren-Boulton served as Chief Economist of the Antitrust Division, U.S. Department of Justice, where he became the first Deputy Assistant Attorney General for Economic Analysis. As chief economist, he supervised the analysis of economic issues in all matters coming before the Division. He also contributed to the formulation of Division policy such as the 1984 Merger Guidelines, the Vertical Restraint Guidelines, the antitrust provisions of the Sentencing Guidelines and the Division’s legislative initiatives on resale price maintenance, revisions of the antitrust statutes, and oil pipeline deregulation.

Before joining the DOJ, Dr. Warren-Boulton was Associate Professor of Economics at Washington University (St. Louis) and Resident Scholar at the Center for the Study of American Business. Before co-founding MiCRA, he was Resident Scholar at the American Enterprise Institute, Senior Vice President of ICF Consulting Associates, Research Professor of Psychology at The American University, and Visiting Lecturer at Princeton University (1991).  He received his BA from Yale University and his MA, MPA and Ph.D. from Princeton University. 


Please register by Friday, October 9, 2009.

MSBA

Upcoming Program:

November 10, 2009

 

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