15 Dec WHY ATTORNEYS AND LAW FIRMS TURN TO ANTITRUST EXPERT WITNESSES FOR CONSULTING TESTIMONY
It’s a busy time for antitrust expert witness providers and consulting trial testimony partners. In complex litigation involving laws applied to questionable business mergers, acquisitions, and anti-competitive conduct, seasoned consulting leaders provide attorneys specialized economic and financial analysis central to building robust legal arguments. Using niche expertise, top antitrust expert witness leaders assess market implications surrounding consolidation moves or pricing actions under legal scrutiny.
Initially, you’d see that antitrust expert witnesses are engaged by counsels to inspect economic factors tied to lawsuit details such as market share projections, product substitution rates, consumer price indexes, and supply chain variabilities. By reviewing company records, consultants often formulate financial models that simulate how proposed mergers may increase market domination through inflated bargaining power or decreased incentives to compete on product quality and consumer cost.
Documenting investigative approaches in reports, antitrust antitrust expert witness then frequently outline market definition parameters examined, test potential competitive harm theories, and issue opinions on whether deals or corporate behaviors show probable cause for disempowering consumers and compromising general market welfare in ways violating antitrust laws. Through data-driven methodologies, witnesses predict likelihood of improper consolidation based on case records.
During depositions, antitrust expert witnesses are prepared to defend constructed financial models illustrating post-merger monopoly risks that opposing counsels will attempt dismantling to downplay associated anti-competitive dangers. Ability to argue assumptions, data sets, and model mechanics used to identify illegal transaction risks or pricing actions is imperative. Advisors must countermand aggressive cross-examination.
Furthermore, should deals or conduct move forward, antitrust expert witnesses may be recalled to testify regarding damages analyses and calculations conveying actual market harm caused by recognized antitrust activities. Economic loss models help juries rule on financial judgements owed for inflicted consumer welfare losses already enabled.
Put it together, and seasoned antitrust expert witnesses apply niche economic, financial, and legal acumen to uncover evidence of deals, acquisitions and business behaviors violating complex federal antitrust laws seeking to preserve market competitiveness. Attorneys rely heavily on their quantitative skills and microeconomic perspectives during pleadings.