Charles River Associates (CRA) Senior Consultant Steven C. Salop Receives 2010 Antitrust Achievement Award from the American Antitrust Institute
BOSTON, Jun 28, 2010 (BUSINESS WIRE) -- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing management, economic, and financial consulting services, today announced that CRA Senior Consultant and Professor of Economics and Law at Georgetown University Law Center Dr. Steven C. Salop has been awarded the 2010 Antitrust Achievement Award from the American Antitrust Institute (AAI). Albert Foer, President of the AAI, presented Dr. Salop with the award at the AAI's 11th Annual Conference on June 24, 2010 in Washington, DC. Jonathan Baker, Chief Economist with the Federal Communications Commission, and Carl Shapiro, Deputy Assistant Attorney General for Economics, Antitrust Division, US Department of Justice, described the accomplishments of Dr. Salop that warranted his selection by the AAI for its award. Dr. Salop's significant contributions to the economics literature and public policy in respect of strategic entry deterrence, raising rivals' costs, vertical foreclosure, refusal to deal, and exclusionary conduct were recognized.
"It is a pleasure to congratulate Steven Salop for receiving the 2010 Antitrust Achievement Award," said CRA's President and Chief Executive Officer Paul Maleh. "There are few who match his intellect, knowledge, and passion in antitrust economics. Professor Salop is a go-to trusted resource for consulting on complex issues related to antitrust, competition, and regulation. He has been affiliated with CRA for more than 20 years and we congratulate him on this well-deserved award."
Dr. Salop began working with CRA as a Senior Consultant in 1988 to expand CRA's work in antitrust and global competition economics. He helped to start up and expand CRA's office in Washington, DC. He also was a member of CRA's Board of Directors from 1998 to 2008. His consulting work at CRA spans the entire range of antitrust, and he specializes in mergers, joint ventures, and exclusionary conduct. He has written numerous articles in various areas of antitrust economics and law, including summary disposition, treble damages, and appellate decision-making, and his research has focused on various aspects of mergers and joint ventures, including market definition, partial ownership and cross-ownership interests, entry barriers, and efficiencies. Dr. Salop earned his Ph.D. in economics from Yale University. Before joining the Georgetown faculty, he worked at the Federal Trade Commission, the Civil Aeronautics Board, and the Federal Reserve Board.
The AAI is an independent non-profit education, research, and advocacy organization focused on the role of competition. Past recipients of the AAI's Antitrust Achievement Award include Professor Robert Pitofsky, Mr. John Shenefield, Mr. Lloyd Constantine, Professor F.M. (Mike) Scherer, and Professor Alfred Kahn.
About Charles River Associates (CRA)
Charles River Associates® is a global consulting firm specializing in litigation, regulatory, and financial consulting, and management consulting. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout North America, Europe, the Middle East, and Asia. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at http://www.crai.com.
SOURCE: Charles River Associates
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