Fiona Scott Morton, Former Deputy Assistant Attorney General For Economic Analysis For The Antitrust Division Of The US Department Of Justice, To Become Senior Consultant To The Antitrust & Competition Economics Practice At Charles River Associates (CRA)
Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Fiona Scott Morton, a professor of economics at the Yale School of Management, has entered into an agreement to become a Senior Consultant to CRA’s Antitrust & Competition Economics Practice. From 2011- 2012, Dr. Scott Morton served as Deputy Assistant Attorney General for Economic Analysis for the Antitrust Division of the US Department of Justice, where she led and managed over 50 PhD economists and the economic work related to analyzing the competitive effects of mergers. From 2006 until she joined the Department of Justice in 2011, Professor Scott Morton was a Senior Consultant to CRA. “We are excited to once again work with Fiona Scott Morton as a Senior Consultant to Charles River Associates,” said CRA's President and Chief Executive Officer Paul Maleh. “Professor Scott Morton’s experience is well-rounded as both an academic and a former government regulator. She has a pulse on the latest economic research in competitive strategy and understands what it takes to assemble successful economic evidence, expert witnesses, and economic litigation support before a governmental agency. We look forward to working with her and offering her expertise to clients.” Dr. Carl Shapiro, a Senior Consultant to CRA and the Transamerica Professor of Business Strategy in the Haas School of Business at the University of California at Berkeley, said, “I am simply delighted that Fiona Scott Morton has returned to Charles River Associates as a Senior Consultant. Her recent experience as chief economist at the Department of Justice will prove invaluable on a wide range of antitrust matters, including mergers under review by antitrust enforcement agencies and private antitrust cases, where she will be a formidable expert witness.” While at the Department of Justice, Professor Scott Morton directed and monitored the Antitrust Division’s economic approach to matters, theoretical analysis, and empirical work. For investigations gearing up for litigation, she supervised expert witnesses and strategized on the development and presentation of the economic evidence. She also oversaw economic analysis and coordination with Division attorneys to provide comments to other agencies as part of the Division’s competition advocacy work.
Shares of CRA International (Nasdaq:CRAI) have taken a tremendous swing upward. The stock is trading at $24.92 as of 11:21 a.m. ET, 23.4% above Wednesday's closing price of $20.19. Volume is at 20,984, 0.5 times the daily average of 40,100.