Avaya, Inc. Acquisition of Nortel

A Compass Lexecon team headed by Professor Dennis Carlton and Rick Flyer assisted Avaya's outside counsel, headed by Steve Newborn from Weil, Gotshal & Manges LLP, in Avaya's acquisition of Nortel Networks. Rick Flyer and Allan Shampine of Compass Lexecon made several presentations to the U.S. Department of Justice outlining the econometric evidence showing that the acquisition likely would not have any anticompetitive effects, despite the fact that each company had a high share of telecommunication equipment sales in both North America and Europe. Compass Lexecon's analyses were also presented to the EU competition authorities. The transaction was then approved by both the North American and EU competition authorities within a few months of being announced.