When the Competition Bureau investigated the potential competitive effects of a $700 million merger between retailers Leon’s Furniture Limited and The Brick, Ltd, CRA was retained by counsel to Leon’s Furniture. CRA experts empirically tested whether prices were lower in local areas with Leon’s and The Brick compared to local areas with only The Brick, and found no such effect. Ultimately, the investigation closed without any remedy required.
Trends in competition in the United States: what does the evidence show?
Has the United States economy become less competitive in recent decades? One might think so based on a body of research that has rapidly become influential for...