This project was completed by Intensity. Intensity joined Secretariat on February 1, 2023.
Radio-frequency identification (RFID) technologies aid in the identification and recovery of companion animals, including dogs, cats, birds, horses, and other pets. One participant in the industry was accused of antitrust violations due to tying of pet RFID scanners to microchips by use of encryption. This participant was also accused of using the threat of patent litigation to foreclose another participant from entering the U.S. marketplace for implantable microchips.
Intensity performed an analysis of the effects on competition from actions alleged to violate antitrust laws. Intensity also evaluated the financial impact of the anticompetitive conduct in the marketplace to determine an appropriate measure of economic damages.
Our work involved an examination of the pertinent industries, an identification of the relevant antitrust markets, and an assessment of market power. Intensity analyzed anticompetitive conduct and its financial effects in relation to other factors influencing industry performance. Intensity evaluated product sales performance in relation to pricing, functionality, sales strategy, product distribution, industry standards, and network effects, among other factors.
Taking The Right Approach in Asset Searching and Recovery in 2025
The tension among regulators between the push for increased transparency and the need to protect individual privacy is always apparent in asset searching exercises. This tension is a global phenomenon, central to the ongoing debate surrounding registering beneficial ownership information.
Marking 135 Years of the Sherman Antitrust Act
Today, Secretariat marks the 135th anniversary of the Sherman Antitrust Act, enacted by the 51st U.S. Congress and signed into law by President Benjamin Harrison on July 2, 1890. The Act was the first comprehensive federal legislation to promote competition, criminalize monopolistic behavior, and empower courts to uphold economic efficiency as a public good.
Highlights and Takeaways from CBV CONNECT 2025
At the CBV CONNECT 2025 Conference in Toronto, we had the privilege of presenting multiple panels, engaging with fellow business valuation professionals, and exploring the latest developments shaping the future of the industry. We’ve compiled key takeaways from our time at CONNECT 2025 below, highlighting critical insights from our speaking engagements and the emerging trends we’re watching in the world of business valuation.