In re NBR Antitrust Litigation
Analysis Group worked on behalf of three defendants in a case involving allegations of price-fixing and collusion among manufacturers of acrylonitrile butadiene rubber. Our team supported our academic affiliate James W. Hughes, Chair of the Department of Economics and Professor of Economics at Bates College, in analyzing to what extent, if any, there was empirical coordination of prices among the named defendants. We then analyzed prices and transactions to determine if prices moved together in a way that would have affected all members of the alleged class.
Professor Hughes’ analysis found that there were many instances of dissimilar price movements during the alleged class period, and that there was no evidence of price increases during the period in question. The case was settled.