CRA economists advised counsel to parties in the $1.65 billion merger of event management technology providers Cvent and Lanyon Solutions. CRA economists provided economic analyses and support throughout the DOJ’s extensive Second Request investigation. In the end, the DOJ cleared the merger with no remedies. Lanyon is owned by Vista Equity Partners. The combined firm will operate under the Cvent brand. CRA’s team included Michael Salinger, Gary Roberts, Paul Labys, and Michael Smith.
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...