Investor Relations

News Release

Printer Friendly Version View printer-friendly version
<< Back
Economist from Charles River Associates (CRA) Provides Expert Testimony at Trial for Professional Rodeo Cowboys Association

BOSTON--(BUSINESS WIRE)--Mar. 7, 2016-- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that CRA provided antitrust and competition economics analyses on behalf of the Professional Rodeo Cowboys Association (PRCA) to rebut claims by the Elite Rodeo Athletes (ERA) that PRCA bylaws denying membership to owners of competing rodeo associations were anticompetitive.

CRA consultants working on behalf of the PRCA analyzed economic issues related to competing rodeo associations and bylaws governing PRCA membership and events. CRA economist Andrew Dick provided written and trial testimony in U.S. District Court for the Northern Division of Texas in opposition to the ERA’s motion for a preliminary injunction barring the PRCA from implementing its recently enacted membership bylaws. CRA’s analyses demonstrated that the PRCA does not have market power with respect to professional rodeos and that the PRCA’s bylaws do not create a barrier to entry for competitors. The Court denied the ERA’s motion for a preliminary injunction, and the ERA subsequently withdrew their complaint.

“The economists at CRA provided timely and invaluable assistance throughout this antitrust lawsuit. Their analysis was critical to the ruling in favor of the PRCA,” said James Keyte, Partner in Antitrust and Competition of Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates.

Vice President Andrew Dick and Associate Principal Matthew List led a team of CRA economists on the matter.

About CRA’s Antitrust & Competition Economics Practice
CRA’s competition economists provide economic analysis and testimony in competition matters around the world. Many have served in government antitrust agencies and are members of premier academic, economic, and law faculties. Their experience extends to many industries, including health care, energy, computer hardware/software, retailing, telecommunications, aerospace and defense, entertainment, transportation, natural resources, sports, chemicals, pharmaceuticals, financial services, and consumer products.

About Charles River Associates (CRA)
Charles River Associates® is a global consulting firm specializing in litigation, regulatory, financial, 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 the world and celebrated its 50th anniversary in 2015. Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at http://www.crai.com. Follow us on LinkedIn, Twitter, and Facebook.

Source: Charles River Associates

Media Relations
Charles River Associates, 617-425-3620
media@crai.com
or
Sharon Merrill Associates, Inc.
Jamie Bernard, 617-542-5300
Senior Associate



Print Page Print Page | E-mail Page E-mail Page | RSS Feeds RSS Feeds | E-mail Alerts E-mail Alerts | IR Contacts Contact Information