What role do economic experts play in antitrust cases?
Economic experts play an important role in antitrust cases in California. They are often called upon to provide their analysis of the relevant markets and to evaluate the effects of the business practices in question. Economic experts use their knowledge of economics and finance to provide evidence for the court. For example, economic experts can help determine whether a certain merger is likely to cause an increase in the prices of goods and services, reducing competition and resulting in a decreased welfare for consumers. The economic expert can also conduct a market analysis to evaluate whether a certain business practice is anticompetitive in nature. In terms of providing evidence for the court in antitrust cases, economic experts can use their analysis to provide evidence as to whether a certain business practice is likely to have anti-competitive effects. For example, economic experts can provide evidence regarding the effects of the merger on competition, and also analyze the structure of the relevant market to determine whether it is likely to lead to anti-competitive behavior. In addition to providing evidence for the court in antitrust cases, economic experts may also advise attorneys on the best ways to prove their case. This can involve conducting research to gather evidence, as well as helping to craft effective arguments to present before the court. Economic experts can also help attorneys prepare briefs and oral arguments and provide advice regarding different strategies that may be used during the court proceedings. Overall, economic experts play an important role in antitrust cases in California, providing evidence to the court and advising attorneys on the best ways to prove their case. With the help of economic experts, courts can better evaluate the effects of certain business practices and ensure that consumers’ welfare is preserved.
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