Case Study

FTC v. Wilhelmsen et al.

FTC v. Wilhelmsen et al.

In granting the FTC’s motion for preliminary injunction against a proposed merger, the judge relied on the expert testimony of Professor Aviv Nevo. Retained by the U.S. Federal Trade Commission A U.S. district judge granted the FTC’s motion for preliminary injunction against the proposed $400 million acquisition of Drew Marine Group by Wilhelmsen Maritime Services. Shortly thereafter, the defendants abandoned the transaction. Cornerstone Research worked with Aviv Nevo of the University of Pennsylvania, who testified during the hearing on behalf of the FTC. “In sum, the court finds that based on Dr. Nevo’s testimony and other evidence, the FTC has demonstrated that the proposed merger will significantly increase concentration in the market.” Professor Nevo analyzed the relevant antitrust ma

Join for free to read