Peter Boberg, with lawyers from WilmerHale, published an article in Law360 on the use of the capacity closure model to analyze whether a merged firm will have the incentive and ability to close production facilities to raise prices. Used in the review of the Temple-Inland acquisition, the DOJ has applied the capacity closure model to other paper product markets and industries, including most recently the Ardent Mills wheat-milling joint venture among ConAgra, Cargill and CHS. To read the article, click the link below.
Why a hotel room in New York costs $500 a night
In a recent op-ed in The Wall Street Journal titled “Why a Hotel Room in NY Costs $500,” Michael Salinger (CRA consultant and Boston University professor) and...