CRA economists advised counsel to Lowe’s on its acquisition of RONA throughout the Competition Bureau’s review of the transaction. On May 12, 2016, the Bureau issued a “No Action Letter” and concluded the transaction is unlikely to lessen or prevent competition substantially. CRA’s main econometric analyses focused on product and geographic market definition and competition in local markets. To read more, click the link below.
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...