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Economists for Meta, ad plaintiffs, battle over profit rates in US antitrust case

( May 8, 2025, 22:39 GMT | Official Statement) -- MLex Summary: Michael Williams, an economist for ad-buyers who sued Meta Platforms alleging antitrust violations; and Catherine Tucker, an economist working for Meta, tangled in a court filing over accuracy of the "Economic Profit Rates", or EPRs, method Williams used to conclude that there would be a 23.1 percent reduction in Meta’s prices in the but-for world that it didn't violate the antitrust laws in monopolizing the market for social media ads.See attached document....

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