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.
Lexology Index recognizes 44 CRA competition experts globally
This year, 44 CRA experts were named among the leading Competition Economists, with four recognized as Competition Future Leaders – Economists. This...