CRA economists advised counsel to Norbord, an oriented strand board manufacturer, throughout the Department of Justice (DOJ) review of its acquisition of Ainsworth Lumber Co. Ltd. The DOJ cleared the merger unconditionally, just a few months after announcing its intentions to challenge a similar transaction in the same industry.
Unpacking market power: Why industry prices fell following a merger
The article “Estimating industry conduct using promotion data,” published in the RAND Journal of Economics by CRA’s Christian Michel, with Jose Manuel Paz y...