Compass Lexecon was retained by Paul, Weiss, Rifkind, Wharton & Garrison LLP on behalf of News Corporation and its subsidiary News America Inc. to analyze damages stemming from an alleged monopolization of the market for the provision of third-party in-store promotion (ISP) services. News America operates as an intermediary between consumer packaged goods (CPG) companies and retailers by selling ISP services to CPG companies seeking to place advertisements in retail stores. Plaintiffs, a class of CPG companies that purchase ISP services from News America, alleged that News America monopolized a relevant market for ISP services through the use of long-term overlapping contracts with retailers and through other allegedly anti-competitive conduct. Plaintiffs claimed damages from supra-competitive prices for thirdparty ISP services. Compass Lexecon Senior Managing Director Professor Dennis Carlton submitted an expert report responding to Plaintiffs’ expert’s damages claims and was deposed. The case settled in early March 2016 as the trial commenced. Professor Carlton was assisted by Bradley Reiff, Joseph Goodman, Ron Laschever and Heather Spang in Compass Lexecon’s Chicago office. We worked with attorneys from Paul Weiss, including Kenneth A. Gallo, Geoffrey R. Chepiga, William B. Michael and Brette Tannenbaum.
- Antitrust & Competition: Damages
- Bradley N. Reiff
- Heather R. Spang
- Dennis W. Carlton
- Joseph H. Goodman