Broadcast Date: Tuesday, April 13, 2021
from 12:00 pm to 1:00 pm (ET)
Overview:
As the world grapples with various public health protection orders in response to the COVID-19 pandemic, reports of widespread price gouging among different states have added a significant level of burden to both the public and the government sectors.
To address the problem, a flurry of strict legislative investigations and enforcement actions for price gouging have been proposed and some significant cases are now starting to work their way through courts. Thus, businesses and their counsel must keep themselves abreast of all the crucial factors on how to implement price increase to avoid running afoul with the governing price gouging laws and policies in this time of uncertainty.
In a CLE Webcast, competition economics expert Joshua Sherman (Charles River Associates) and economist Laurien Gilbert (Cornerstone Research) will provide an in-depth discussion of the emerging trends, developments, and critical issues regarding price gouging amid the COVID-19 crisis. Speakers will also offer practical tips and strategies to overcome risks and pitfalls.
Some of the major topics that will be covered in this course are:
- Legal Overview of Price Gouging Laws
- Recent Trends and Developments
- Price Gouging Cases Amid the COVID-19 Crisis
- Common Risks and Challenges
- Practical Tips and Strategies
Credit:
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-Demand (CLE)
Prerequisite:
General knowledge of price-gouging law
Course Code:
149377
NY Category of CLE Credit:
Area of Professional Practice
Total Credit:
1.0 CLE
How to Claim CLE Credits Per State:
https://knowledgewebcasts.com/how-to-claim-cle-credits-per-state/
CLE State Requirements:
https://knowledgewebcasts.com/cle-state-requirements/
CPE State Requirements:
Speaker Panel:
Laurien Gilbert, Associate
Cornerstone Research
Laurien Gilbert is an associate at Cornerstone Research, based in the firm’s Washington, D.C. office. Dr. Gilbert provides economic analysis and expert support in all phases of complex business litigation. She has particular expertise in competition issues involving single- and multi-firm conduct. She has worked on matters across a range of industries, including aerospace, credit cards, financial technology, and pharmaceuticals. Dr. Gilbert has written articles on antitrust issues and pricing conduct in the context of COVID-19. She holds Ph.D. and M.A. degrees from the University of Michigan, and a B.A. from Brown University.
Joshua Sherman, Principal
Charles River Associates
Dr. Joshua Sherman is a Principal in the Competition Practice of CRA specializing in pricing behavior, antitrust, econometrics, statistics, and industrial organization. Dr. Sherman is also an Adjunct Professor of Managerial Economics and Decision Sciences at the Kellogg School of Management at Northwestern University, where he teaches a course in Antitrust Economics. In addition, he is an Adjunct Assistant Professor in the economics department at Northwestern University, where he has taught courses in law and economics and econometrics. Prior to arriving at Northwestern, he was an Assistant Professor in the economics department at the University of Vienna, where he taught courses in competition law and economics, econometrics, and microeconomics. Dr. Sherman has delivered talks at the U.S. Department of Justice and the Israel Competition Authority and has spoken at conferences and universities worldwide.  Dr. Sherman’s published academic articles have examined various aspects surrounding pricing behavior and he has refereed peer-reviewed economic publications.
Agenda:
Joshua Sherman, Principal
Charles River Associates
AND
Laurien Gilbert, Associate
Cornerstone Research
- What is the purpose of anti-gouging laws?
- During a national pandemic, firms’ pricing decisions may qualify as price gouging in some states and not others.
- Price gouging laws often account for cost increases. But few understand how cost increases affect prices.
- What are the methods for determining whether price gouging has occurred?
- What are the common difficulties in assessing the effects of price gouging?
- What is the relationship between price gouging and antitrust?
- Examples of price gouging cases and associated issues
Date & Time:
Tuesday, April 13, 2021
12:00 pm to 1:00 pm (ET)
Who Should Attend:
- Commercial Lawyers
- Antitrust Lawyers
- Business Development Managers
- Marketing and Pricing Managers
- In-house Counsel
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