CRA economists advised counsel to Norbord, an oriented strand board manufacturer, throughout the Department of Justice (DOJ) review of its acquisition of Ainsworth Lumber Co. Ltd. The DOJ cleared the merger unconditionally, just a few months after announcing its intentions to challenge a similar transaction in the same industry.
Response to the European Commission’s targeted consultation on revising its merger guidelines
Their recommendations include: Using simultaneous vGUPPIs to account for feedback effects between raising rivals’ costs (RRC) incentives and elimination of...