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.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...