BOSTON--(BUSINESS WIRE)--June 24, 2008--CRA International, Inc.
(NASDAQ: CRAI), a worldwide leader in providing management, economics,
and financial consulting services, assisted antitrust counsel for
SABMiller (Miller) in connection with a proposed joint venture with
Molson Coors Brewing Company (Coors).
On June 5, 2008, the U.S. Department of Justice closed its
investigation of the proposed joint venture between the beer brewers,
Miller and Coors. The joint venture will combine the brewing and
distribution assets of the two companies in the U.S. and Puerto Rico,
leading to a large reduction in the production and distribution costs,
thereby permitting the Miller and Coors brands to become stronger
competitors.
CRA International had been retained by Miller to assist its
antitrust counsel, Jones Day, in preparing to address any concerns
raised by the Antitrust Division. CRA undertook a number of analyses
of pricing, demand, competitive effects, and efficiencies in support
of that effort. CRA also assisted the parties in complying with the
Department's request for additional information (the Second Request).
In addition to Dr. Steven C. Salop, CRA senior consultant and
Professor of Economics and Law at the Georgetown University Law
Center, other key CRA senior staff assisting in this effort included
Peter Boberg, Serge Moresi, Jeff Prisbrey, Craig Romaine, and John
Woodbury.
About CRA International
Founded in 1965, CRA International is a leading provider of
management consulting services and economic and financial expertise.
Working with businesses, law firms, accounting firms, and governments,
CRA is a preferred consulting firm for complex assignments with
pivotal and high-stakes outcomes. The firm is distinguished by a
unique combination of credentials: deep vertical experience in a
variety of industries; broad horizontal expertise in a range of
functional disciplines; and rigorous economic, financial, and market
analysis. CRA offers a proven track record of thousands of successful
engagements in regulatory and litigation support, business strategy
and planning, market and demand forecasting, policy analysis, and
engineering and technology management. Headquartered in Boston, the
firm has sixteen offices within the United States, and seven offices
in Canada, Europe, the Middle East, and the Asia Pacific region.
Detailed information about CRA is available at www.crai.com.
CONTACT: CRA International, Inc.
James C. Burrows, 617-425-3700
President and CEO
or
Sharon Merrill Associates
Jim Buckley, 617-542-5300
Executive Vice President
SOURCE: CRA International, Inc.