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Assessment of damages in the pre-compressing steel industry

Lear assisted a company operating in the steel industry facing a claim for damages due to its participation in a price-fixing agreement. Lear economists have provided the defendant with a technical analysis showing that the econometric methods used for quantifying the alleged damages were in fact overly dependent on strong, unsubstantiated assumptions, thus leading to an unreliable estimation of the alleged damages. Paolo Buccirossi and Alessia Marrazzo also acted as the party’s economic expert to work along the court appointed expert to revise the damage quantification.