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Ben Klein, World-Renowned Competition Economist, Joins Compass Lexecon

March 30, 2009

Andres Lerner Joins Compass Lexecon's New Century City Office as Senior Vice President

Compass Lexecon, LLC is pleased to announce that Dr. Benjamin Klein – Professor Emeritus of Economics at UCLA and a world-renowned antitrust, contract, and intellectual property expert – has joined the firm as a Senior Consultant. Dr. Klein also joins the firm's Advisory Committee, which includes Dennis Carlton, Chris Culp, Rich Gilbert, Joseph Kalt, Michael Katz, Janusz Ordover, Dan Rubinfeld, and Bobby Willig.

In addition, Compass Lexecon is pleased to announce that Dr. Andres Lerner will be joining the firm as a Senior Vice President and that the firm will be opening an office in the Century City area of Los Angeles on April 1st.

"I am absolutely thrilled to be joining the Compass Lexecon team; it is an exceptional group of people," said Dr. Klein. "It is very exciting to be a part of a firm where producing high-quality economic analysis is the central motivating force."

Compass Lexecon's Dennis Carlton said, "It is an honor and a delight that Ben is joining us as a consulting colleague. He has made seminal contributions in several areas including vertical relationships amongst firms and the economics of the firm. His addition significantly strengthens our Los Angeles operation."

"Compass Lexecon is committed to attracting the best and brightest economists, and Andres fits that bill," said Jon Orszag, a Senior Managing Director and member of Compass Lexecon's Executive Committee, "We are excited that Andres expands our already exceptional staff and our ability to provide cutting-edge economic analyses to our clients."

Compass Lexecon's New Century City Office (As of April 1st):

1999 Avenue of the Stars
Suite 2500
Los Angeles, California 90067


About Dr. Benjamin Klein

Benjamin Klein is a Senior Consultant and member of Compass Lexecon's Advisory Committee. He also is Professor Emeritus of Economics at UCLA. Over the past 25 years, Dr. Klein has consulted extensively on antitrust issues and has made numerous presentations to state, federal and foreign regulatory agencies and courts. A Professor of Economics at UCLA since 1968, he has taught at the Economics Institute for Federal Judges and has served as a consultant to the U.S. Federal Trade Commission and the Antitrust Division of the U.S. Department of Justice. Dr. Klein has published widely on antitrust, contract and intellectual property issues, making landmark economic contributions in the area of vertical restraints and the economics of the firm. His work has appeared in leading journals including the American Economic Review, the Journal of Political Economy, the Journal of Law and Economics, the Antitrust Law Journal and the Supreme Court Economic Review. Dr. Klein received a B.A. in 1964 from the City University of New York and an M.A. in 1966 and Ph.D. in 1970 from the University of Chicago. He has held visiting appointments at the University of Washington, the National Bureau of Economic Research and the University of Chicago Law School.

Contact Information: bklein@compasslexecon.com


About Dr. Andres Lerner

Andres Lerner is a Senior Vice President of Compass Lexecon. He has extensive experience consulting in antitrust matters. He has conducted economic analysis on matters involving tying, bundled discounts, price squeezes, exclusive dealing, exclusive territories, refusals to deal, predatory pricing, monopolization, mergers, joint ventures, price fixing, and patent misuse. Dr. Lerner also has extensive expertise conducting econometric and statistical analysis, estimating complex damages, and assessing the appropriateness of class certification. Dr. Lerner has consulted on a wide range of industries, including payment cards, pharmaceuticals, cable television, music, motion picture, semiconductors, automotive, airline, food and beverage, Internet, franchising, and energy. Dr. Lerner has published articles in leading academic journals, including the American Economic Review and the Antitrust Law Journal, and has co-edited a collection of seminal articles in antitrust economics. He has taught Economics as a Visiting Professor at the University of Southern California Marshall School of Business. Dr. Lerner holds a Ph.D. in Economics from the University of California at Los Angeles. Prior to joining Compass Lexecon, Dr. Lerner served as a Director at LECG.

Contact Information: alerner@compasslexecon.com

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