CRA was retained to assist Pearson plc’s antitrust counsel in the US and Canada in matters related to the proposed merger between trade publishers Penguin and Random House. Our experts analyzed pricing patterns, demand and supply determinants, competitive effects, and efficiencies in both upstream (publishing) and downstream (distribution) markets. Competition authorities in all involved jurisdictions reviewed and cleared the merger.
The Role of Uncertainty in the Future European Horizontal Merger Guidelines: Lessons Learned From Illumina/GRAIL
Under these circumstances, it is however not entirely clear how the future competitive landscape will look like, merger effects cannot be modelled with a high...