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.
Comments on the effect of algorithms and artificial intelligence on the likelihood of coordinated effects as described in Guideline 3 of the draft Merger Guidelines
In this note, we discuss how the Antitrust Division of the Department of Justice and the Federal Trade Commission (collectively, the Agencies) view the effect...