CRA economists advised counsel to General Electric on the acquisition of Alstom’s power and grid business. The $13.5 billion deal was reviewed by the US Department of Justice and the European Commission who required Alstom to divest certain heavy duty gas turbine business assets in Europe and the US. CRA advised Arnold & Porter throughout the DOJ’s review and in Europe, advised counsel to GE, Skadden, Arps, Slate, Meagher & Flom.
CRA Competition economists contribute to article-by-article commentary on the EU Foreign Subsidies Regulation
It gives the European Commission far-reaching powers to scrutinize financial contributions from non-EU governments to companies active in the EU, including in...