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  • Merger Investigations
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In the Matter of Walgreens Boots Alliance and Rite Aid

The FTC retained Cornerstone Research in its review of this proposed merger.


In the Matter of Ball Corporation and Rexam PLC

The FTC ordered Ball Corporation to divest eight U.S. aluminum can plants in order to proceed with its acquisition of Rexam PLC.


Vertical Merger Guidelines Overlook Health Care Co. Issues

The authors discuss how the agencies’ Vertical Merger Guidelines analyze non-horizontal mergers, specifically in the healthcare industry.


COVID-19 Pandemic Drove Merger Transactions Reported to FTC, DOJ to a 10-Year Low

Reported transactions declined by 49% in the second quarter of 2020 compared to 2019.

Press Release

Cornerstone Research Staff Review New U.S. Vertical Merger Guidelines

The DOJ and FTC were responsive to comments received during the public comments process.


Healthcare Merger Analysis

As the COVID-19 pandemic take its toll on the economy, there are anticipated forthcoming litigation challenges—particularly for healthcare mergers.


Healthcare Merger Capabilities

Healthcare mergers involve complex empirical analyses to assess competitive effects, including questions related to bargaining, quality of care, risk-sharing, and efficiencies.


5 Questions with Greg Eastman: The Failing Firm Defense in the Age of COVID-19

In this interview, Dr. Eastman considers the economic impact of COVID-19, how that impact compares to that of the 2008 financial crisis.


Questions Raised by the Proposed Vertical Merger Guidelines

The authors present some of the particularly significant topics that emerged in the comments and workshop discussions following the release of the joint draft vertical merger guidelines.


Trends in Merger Investigations and Enforcement at the European Commission

This inaugural report examines patterns in merger investigations and enforcement activity by the European Commission between 2010 and 2019.


Efficiencies Defense in the Spotlight After T-Mobile/Sprint Ruling

In this article for Law360, the authors discuss the efficiencies case in T-Mobile/Sprint and discuss the impact this may have for future litigation strategies.


Comparing Vertical Merger Guidelines Across Jurisdictions

The authors explore the possible implications of these guidelines for national, cross-border, and transatlantic mergers in this Law360 article.

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