Inside Compass Lexecon, one of the top antitrust consulting firms ...Middle East

Quartz - Economy
Inside Compass Lexecon, one of the top antitrust consulting firms
source : Quartz ( Middle East ) () 23
Hundreds of economists at leading universities live a double life: By day, they conduct research, teach classes, and rub padded elbows at academic conferences. But by night, they moonlight as analytic mercenaries, helping to tear down—or defend—the world’s biggest monopolies. These academics work for economic consulting firms, and few firms are as feared and revered as 44-year-old Compass Lexecon, headquartered in Washington DC.In legal jurisdictions from the US to the EU to China, the outcome of anti-monopoly lawsuits and merger reviews hinges on hard-to-answer economic questions: How much of the relevant market does a company control? What is the relevant market, anyway? If two companies c

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