CRA consultants advised parties to the Ladbrokes and Gala Coral Group merger. The merger was previously blocked when it was attempted in 1998. The Competition and Markets Authority accepted that online gambling was a significant and growing constraint and cleared the merger, subject to the sale of 350 to 400 licensed betting offices to preserve competition in local markets where the betting products of the two firms overlapped.
Dynamic capabilities and EC merger control: A difficult match?
Svend Albaek and Raphaël De Coninck explore the proposed use of “dynamic capabilities” analysis in European merger control as authorities increasingly focus on...