A CRA expert was retained to analyze a potential failing firm claim in a proposed joint venture. The parties claimed that the relevant market was too small to accommodate two competitors. CRA’s expert performed a financial analysis of the company, including an analysis of the historical performance, projections, business plans, and alternative uses of the assets employed in their businesses. Our expert documented that both companies began to lose money when the second firm entered the market, that there was no prospect for improvement, and that ultimately one of the firms could be expected to exit. The antitrust regulator accepted CRA’s analysis and allowed the joint venture to proceed.
CRA engagements win in 2024 GCR Awards
The high-profile acquisition of Activision by Microsoft, which CRA Competition’s teams advised on was named overall Matter of the Year, as well as Matter of...