CRA consultants advised counsel to Caraustar in its acquisition of The Newark Group, Inc., one of the largest integrated manufacturers of recycled paperboard and converted paperboard products. The Department of Justice reviewed the merger and cleared it unconditionally. CRA consultants submitted detailed analyses on product market definition and econometric analyses addressing competitive effects issues.
Towards an evidence-based framework for enforcement of vertical mergers
After a hiatus of several decades, the government has tried three prominent vertical merger cases in the past four years. These are the DOJ’s effort to stop...