Penguin/Random House merger
Antitrust & Competition | United States Antitrust | Canadian Competition | Mergers & Acquisitions
CRA was retained to assist Pearson plc’s antitrust counsel in the US and Canada in matters related to the proposed merger between trade publishers Penguin and Random House. Our experts analyzed pricing patterns, demand and supply determinants, competitive effects, and efficiencies in both upstream (publishing) and downstream (distribution) markets. Competition authorities in all involved jurisdictions reviewed and cleared the merger.