M&A Antitrust Review

CRA assists clients seeking clearance for proposed mergers and acquisitions from competition authorities around the world. We also assist third parties and government agencies in connection with mergers and acquisitions. Our vast expertise is reflected by our involvement in landmark cases that have set the course of merger review around the world. We provide practical support and rigorous analysis to help navigate the merger review process from initial discussions to final clearance.

Our expertise in economic theory, advanced econometric approaches, and other empirical analysis allows us to assess the competitive implications of mergers. We define relevant product and geographic markets, measure market concentration and competitive intensity, evaluate conditions of entry and efficiencies, and assess horizontal and vertical competitive effects. As appropriate, we employ advanced econometric and economic approaches—many of which were developed by CRA economists—to assess the competitive implications of mergers. CRA also assists clients with responding to Second Requests from the Department of Justice and Federal Trade Commission by collecting and processing data from the merging parties, addressing follow-up questions from the agencies, and engaging with the agencies regarding the substance of the responses.

Our experience in collecting, combining, and processing large datasets for merger review minimizes the burden on internal business teams. If a merger is challenged by a government agency, CRA experts also can provide expert testimony on the competitive effects of horizontal and vertical mergers.

CRA also advises companies in many industries to assess whether potential acquisition targets are likely to trigger investigations by competition authorities. We can also construct and assess remedies packages that will help reduce or eliminate the potential concerns of competition authorities.