Nearly a year after it was first agreed upon, a proposed merger of Comcast and Time Warner Cable (TWC) remains clouded with uncertainty. Like an overzealous bride and groom awaiting a conspicuously tardy priest at the alter, Comcast and TWC executives must receive the blessing of government officials in order to officially consummate the $45.2…
Tag: Mergers & Acquisitions
Transfer Pricing and Tax Consequences
The United States has the highest corporate tax rate in the developed world. 1 Hence it is no surprise that corporations may try to avoid recognizing income in order to avoid paying taxes on that income. One of the ways a multinational corporation can achieve this result is by manipulating their transfer prices with foreign affiliated…
Proposed Staples-Office Depot Merger Will Depend on Relevant Product Market
In 1996, Staples proposed a merger with Office Depot to the FTC and Department of Justice.1 The FTC, however, opposed the merger on the grounds that it “would violate federal antitrust laws by substantially reducing competition in the retail sale of office supply superstores in various markets throughout the country where each firm directly competes…