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.
Breaking up mergers after the fact: Opportunities and problems
Antitrust authorities in both the United States and Europe have recently shown an increased interest in reviewing past mergers with the objective of possibly...