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.
An economic interpretation of Rule 23(b)(3) for antitrust classes
In this article, CRA’s Sean Durkin explains the economic incentives behind class definitions in antitrust cases and why those incentives can lead to classes...