The US government retained CRA’s expert in a merger between two tax preparation companies. After an extensive analysis of the companies’ proposed merger efficiencies, the CRA expert concluded that these efficiencies were either not merger-specific or not verifiable, or both. Ultimately the court agreed with CRA’s expert and the merger was blocked.
CRA Competition's response to EU Draft Merger Guidelines: An economic perspective on the emerging framework
Our European Competition team has contributed to the economic assessment in nearly a third of distinct merger decisions cited in the draft, (46 out of 164)...