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.
Trends in competition in the United States: what does the evidence show?
Has the United States economy become less competitive in recent decades? One might think so based on a body of research that has rapidly become influential for...