Edgeworth Insights

  • Blog, 10.04.2022

    Regression analysis is a statistical tool used by economists, statisticians, and others to “understand the relationship between or among two or more variables.”  Any attorney new to the antitrust space will invariably encounter regression analysis frequently. In this article, we provide a brief introduction to the regression methodology.

  • Blog, 09.06.2022

    When pharmaceutical manufacturers develop a new branded drug to take to market, they are granted a period of exclusivity via patent to help recoup the massive costs of research and development. Upon expiration of this patent, generic manufacturers can enter the market with therapeutically equivalent products and compete with the brand.

  • Blog, 08.02.2022

    Over the past six months, airfares have increased at a breakneck pace. The consumer price index for airline tickets increased by 63% from November 2021 to May 2022, the largest increase over a 6-month period by far since the index was created in 1989 by the Federal Reserve of St. Louis.

  • Blog, 06.27.2022

    Federal and state labor laws limit which employees can legally be paid a salary independent of hours worked. The Fair Labor Standards Act (FLSA) is the Federal law requiring that certain workers receive overtime compensation, at 1.5 times their regular rate of pay, for all hours of work above 40 each week.

  • Blog, 06.07.2022

    On March 7th, the Treasury Department released a draft report entitled “The State of Labor Market Competition” (herein “the report” or “the Treasury”), which addressed the level of concentration and anti-competitive labor practices in the U.S. economy. The report claimed to reaffirm the current administration’s executive orders regarding promoting competition in labor markets and examines possible implications.

  • Blog, 05.03.2022

    On July 1 of each year, the Office of Foreign Labor Certification (OFLC) publishes prevailing wage rates and salaries that establish a floor for what U.S. businesses must pay foreign workers hired under H-2B and other work visa programs.

  • Blog, 04.19.2022

    We have developed a tool that provides a preview of the prevailing wages that the OFLC will officially announce on July 1, 2022. Our interactive map focuses on 20 occupations that account for a substantial majority of H-1B visas and the 100 largest MSAs (metro areas).

  • Blog, 03.01.2022

    We gathered our Labor and Employment experts together and asked them:  What is the “Great Resignation,” and what does it mean for employers?

    Excerpts of their wide-ranging conversation were lightly edited for clarity and reported here.

  • Blog, 02.01.2022

    Economic experts often employ two approaches that use public settlement information to estimate potential exposure for a client- a top-down approach or a bottom-up approach.

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