CRA’s economics consultants provided Yellow Media Inc. with economic analysis in its CAN$225 million acquisition of Canpages. We empirically tested whether advertising rates were lower when Yellow Pages competed with Canpages in local markets. No such effect was found, and the merger was cleared without conditions.
Comments on the effect of algorithms and artificial intelligence on the likelihood of coordinated effects as described in Guideline 3 of the draft Merger Guidelines
In this note, we discuss how the Antitrust Division of the Department of Justice and the Federal Trade Commission (collectively, the Agencies) view the effect...