We advised on Weyerhaeuser’s $2.2 billion sale of its five Cellulose Fibers pulp mills and two converting facilities to International Paper. CRA advised both parties throughout a review by the Department of Justice (DOJ) and the European Commission (EC). Fluff pulp has several consumer applications such as diapers. CRA’s team included Peter Boberg, Andrew Dick, and Courtney Stoddard in the US, and Diana Jackson and Uğur Akgün in Europe.
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...