Dr. Mehmet Ekmekci joins FTI Consulting's Compass Lexecon, enhancing expertise in platform economics and AI applications.
Quiver AI Summary
FTI Consulting, Inc. announced that Dr. Mehmet Ekmekci has joined its Compass Lexecon subsidiary as an affiliate. Dr. Ekmekci is a Professor of Economics at Boston College, specializing in industrial organization, platform economics, and artificial intelligence. His extensive experience includes consulting on auction design and competitive procurements for satellite broadband, as well as mergers and investigations across various industries including semiconductors and telecommunications. Compass Lexecon Chairman Daniel R. Fischel expressed enthusiasm for Dr. Ekmekci's addition, noting that his expertise will enhance the team's capabilities. Dr. Ekmekci has received grants related to AI and has researched platform economics, contributing to prestigious academic publications. He conveyed eagerness to collaborate with Compass Lexecon to navigate the evolving challenges in the digital landscape.
Potential Positives
- Dr. Mehmet Ekmekci, an expert in industrial organization and platform economics, has joined FTI Consulting's Compass Lexecon subsidiary, enhancing the firm's capabilities in critical and growing areas of economics, particularly involving AI and digital platforms.
- His extensive experience with auction design and competitive procurements in sectors like satellite broadband and semiconductors positions Compass Lexecon to better serve clients navigating complex market challenges.
- The addition of Dr. Ekmekci, whose research has been published in prestigious economic journals, reinforces FTI Consulting's commitment to providing top-tier expert insights to clients.
- Dr. Ekmekci's statement about the increasing reliance on platform economics indicates his recognition of market trends that could lead to more opportunities for FTI Consulting in a rapidly evolving economic landscape.
Potential Negatives
- The press release indicates a growing focus on complex challenges associated with platform economics and advancements in technology, potentially highlighting vulnerabilities in the company’s current offerings and expertise.
- The mention of Dr. Ekmekci's background in competitive procurements for satellite broadband may imply that FTI Consulting is positioning itself in a competitive and potentially volatile market where success is not guaranteed.
- The reference to research on potential collusion could raise concerns about ethical practices and compliance within the industries FTI Consulting serves, possibly affecting the company's reputation.
FAQ
Who is Dr. Mehmet Ekmekci?
Dr. Mehmet Ekmekci is a Professor of Economics at Boston College and an expert in industrial organization, platform economics, and AI.
What is Compass Lexecon?
Compass Lexecon is a subsidiary of FTI Consulting that specializes in economic consulting and expert analysis.
What areas does Dr. Ekmekci's research cover?
Dr. Ekmekci's research covers platform economics, auction design, competitive procurements, and the impact of AI on pricing and collusion.
Why did Dr. Ekmekci join Compass Lexecon?
Dr. Ekmekci joined Compass Lexecon to enhance their capabilities in navigating complex challenges in platform economics and technology.
How can I contact FTI Consulting?
You can contact FTI Consulting at +1.202.312.9100 or visit their website at www.fticonsulting.com for more information.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
WASHINGTON, March 18, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced
Dr. Mehmet Ekmekci
has affiliated with the firm’s
Compass Lexecon
subsidiary.
Dr. Ekmekci is a Professor of Economics at Boston College and an expert in industrial organization, platform economics and artificial intelligence. He has served as an expert in various matters of auction design and competitive procurements for satellite broadband and has consulted on mergers and investigations in a wide variety of industries, including semiconductor, computer hardware, telecommunication and internet platforms.
Compass Lexecon Chairman
Daniel R. Fischel
said, “We are pleased to welcome Dr. Ekmekci to our growing team of affiliates at Compass Lexecon. His expertise and research, including across digital platforms and the use of AI, will enhance the depth of capabilities we provide to our clients.”
Dr. Ekmekci has received multiple grants in AI, including the use of algorithms to determine pricing and potential collusion. He has also worked on cases involving Standard Essential Patents, developing economic models to analyze the optimal licensing practice from a social welfare perspective.
Dr. Ekmekci has conducted research on platform economics, which studies the effect of competition and regulation in platform markets. His research has been accepted by outlets including
American Economic Review, Econometrica
and the
Review of Economic Studies and Management Science.
Commenting on his affiliation with Compass Lexecon, Dr. Ekmekci said, “There is an increasing reliance on platform economics, driven in part by advancements in technology. And while that means there are great opportunities, there are complex challenges to overcome. I look forward to joining the experts at Compass Lexecon as we support clients through this dynamic environment.”
About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories as of December 31, 2024. The Company generated $3.69 billion in revenues during fiscal year 2024. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. More information can be found at
www.fticonsulting.com
.
FTI Consulting, Inc.
555 12
th
Street NW
Washington, DC 20004
+1.202.312.9100
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com
This article was originally published on Quiver News, read the full story.
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