Competition authorities are consistently relying on economic theory and empirical evidence in their investigations and decisions concerning mergers and acquisitions.
Predicting what a competition authority may conclude can be of crucial importance for a client at the pre-deal state. Obtaining expert advice at an early stage and implementing it effectively can considerably enhance the chance of gaining approval and avoid disruption.
We use advance economic theory and econometric techniques (including merger simulations) to define relevant markets, assess competition effects (unilateral, coordinated and conglomerate) and quantify efficiencies. Our expert support unfolds throughout the competition authority’s approval process.
We have considerable experience in completing pre-merger risk assessments for merging parties. In addition, we have provided expert economic analysis to merging and other interested parties and their legal advisers for Phase I and Phase II merger cases.