CRA advised counsel to Transcontinental Inc. in its indirect acquisition of the shares of Quad/Graphics Canada, Inc. The primary overlap of the two firms was in the printing of high-volume retail flyers. CRA economists undertook several analyses, including estimating the efficiencies that would result from the merger, demonstrating minimal price effects in markets for other print services, and simulating the merger’s effects on large buyers using a bidding model that accounted for recent market entrants. The Competition Bureau did not seek any remedies in respect of the transaction but recently announced it will monitor competition in the retail flyer market over the next year.
To open or not to open a technological system: insights from the history of mobile phones and their application to 5G
Is it a good business strategy for a creator of new technology to make that technology available to other companies in the industry, including its competitors?...