An expert in antitrust and trade regulation matters, Mr. Kitt has conducted numerous studies on the nature of product and geographic markets and their relevance to Sherman and Clayton Act litigation; analyzed the competitive effects of numerous mergers and acquisitions; and assessed the effects of price movements and other trade practices on industry structure and performance. Mr. Kitt's client base encompasses a wide range of consumer goods and industrial equipment suppliers. He also has undertaken economic damages calculations in antitrust and trade regulation proceedings, in contract and asset valuation disputes, and in patent infringement and other intellectual property cases. In addition, Mr. Kitt has testified before the International Trade Commission on the domestic impact of less-than-fair-value sales by foreign producers.
In announcing Mr. Kitt's arrival at the firm, James C. Burrows, President and CEO of CRA International, said, "During the past few years, CRA has made a concerted effort to enhance its reputation as a global leader in the economics, finance, and business consulting industry by recruiting top-tier, experienced individuals who have excelled in the fields represented by the firm's various practice areas. Howard Kitt offers CRA the considerable benefit of his illustrious and longstanding career within the antitrust and business consulting community of practitioners. Our Competition Practice, both in New York and around the world at CRA International, looks forward to teaming with Howard for many years to come."
In addition, Mr. Kitt has analyzed media diversity and competition in television station license renewal proceedings, and in matters affecting the markets for newspapers, radio, and cable. He also has assessed the impact of copyright and other forms of regulation on broadcasters and program suppliers. Further, Mr. Kitt has conducted a number of analyses focusing on the competitive effects of various kinds of vertical restrictions, including territorial exclusivity and exclusive dealing, in connection with dealer termination and related litigation.
Mr. Kitt was founding Chair of National Economic Research Associates' (NERA) Global Antitrust and Competition Policy Practice and chaired its Antitrust, Trade Regulation, and Healthcare Group from its inception through 2004. He served as Economics Editor of The Antitrust Bulletin from 1985 through 2001, and Co-Chair of the Associate Members Committee of the American Bar Association's Section on Antitrust from 1994 through 1997. Prior to joining NERA, Mr. Kitt taught industrial organization and intermediate price theory at Hofstra University.
About CRA International
Founded in 1965, CRA International, Inc., is an economics, finance, and business consulting firm that works with businesses, law firms, accounting firms, and governments in providing a wide range of services. CRA combines economic and financial analysis with expertise in litigation and regulatory support, business strategy and planning, market and demand forecasting, policy analysis, and engineering and technology management. The firm is distinguished by a corporate philosophy of providing responsive, top-quality consulting; an interdisciplinary team approach; unsurpassed economic, financial, and other analytic skills; and pragmatic business insights. In addition to its corporate headquarters in Boston and international offices in Brussels, Canberra, Dubai, Hong Kong, London, Melbourne, Mexico City, Sydney, Toronto, and Wellington, CRA also has U.S. offices in Cambridge, Chicago, College Station, Dallas, Houston, New York, Oakland, Pasadena, Philadelphia, Salt Lake City, Silicon Valley, and Washington, D.C. Detailed information about CRA can be found at www.crai.com.
Statements in this press release concerning the benefits CRA expects to obtain from the hiring of Howard Kitt may be considered "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties. Information contained in these forward-looking statements is inherently uncertain, and actual performance and results may differ materially. Such factors that could cause actual results to differ materially from any forward-looking statements made by the Company include, among others, acquisition costs, dependence on key personnel, attracting and retaining qualified consultants, dependence on outside experts, intense competition, and professional liability. Further information on factors that could affect CRA's financial results is included in the Company's filings with the Securities and Exchange Commission.