What role do economic experts play in antitrust cases?
Economic experts play a significant role in antitrust cases in Delaware. Economic experts can provide an independent and unbiased analysis of a market situation and determine if a particular anti-competitive behavior has occurred. They are also able to analyze a company’s financial data and assess whether its actions are in violation of antitrust law. Generally, economic experts assess the impact of the accused party’s actions on the marketplace. They provide a sound understanding of the economic principles behind antitrust law and the industry in question. They analyze the facts of a case and assess what the potential harm could be from the accused’s behavior. Economic experts provide reports and testimony to help a judge understand the economic effects of the case. Economic experts also provide evidence on the market power held by the accused. They can evaluate a company’s market position to determine whether it has a monopoly, or has attempted to create one, or has abused its power. This evidence can be used to determine if the company has violated antitrust law. Overall, economic experts are essential to antitrust cases in Delaware because they can analyze market conditions objectively and provide evidence on the effects of anti-competitive behavior. They help judges to better understand market dynamics and to make an informed decision in antitrust cases.
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