Our economists advised ChemChina on its acquisition of Syngenta, a Swiss pesticides and seeds group. The European Commission (EC) approved the acquisition subject to the divestiture of parts of ChemChina’s European pesticide and plant growth regulator business. In the US, the Federal Trade Commission cleared the transaction with minor divestitures of pesticide products.
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...