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Timothy J. Brennan

Academic Advisor
University of Maryland, Baltimore County
To contact Timothy J. Brennan, please email Stephanie Schwartz at or call +1.617.864.7900

Dr. Brennan is a Professor of Public Policy and Economics at the University of Maryland, Baltimore County and a Senior Fellow at Resources for the Future.

Dr. Brennan's expertise covers topics in both antitrust and utility regulation. His antitrust research has focused primarily on exclusionary practices and vertical restraints, and he has assessed per se rules, boycotts, innovation, and their application in regulated sectors and software.

His utility work has focused on the telecommunications and electricity sectors, including price-caps, interconnection rules, cross-subsidization, deregulation criteria, and discrimination. His electricity-related research has looked at energy efficiency, capacity markets, real-time metering, market power assessment, vertical restructuring, transmission adequacy, and stranded costs. He has also researched topics in network effects, environmental regulation, copyright, and broadcasting policy.

Dr. Brennan has been an economist in the Antitrust Division of the U.S. Department of Justice and a staff consultant in the Federal Trade Commission’s Bureau of Economics. He was previously the senior economist on the staff of the Council of Economic Advisers from 1996-1997, and held the T.D. McDonald Chair in Industrial Economics at the Canadian Competition Bureau in 2006. He has advised competition and regulatory authorities in Australia, Mexico, New Zealand, Sweden, the UK, and Uzbekistan.

The Challenges of Climate Policy
September 2010
Published in Australian Economic Review
Decoupling in Electric Utilities
August 2010
Published in Journal of Regulatory Economics
Optimal Energy Efficiency Policies and Regulatory Demand-Side Management Tests: How Well Do They Match?
Published in Energy Policy
Network Effects in Infrastructure Regulation: Principles and Paradoxes
Published in Review of Network Economics
RPM as Exclusion: Did the U.S. Supreme Court Stumble Upon the Missing Theory of Harm?
December 2008
Published in Antitrust Bulletin
Applying ‘Merger Guidelines’ Market Definition to (De)Regulatory Policy: Pros and Cons
July 2008
Published in Telecommunications Policy
Bundled Rebates as Exclusion Rather Than Predation
June 2008
Published in Journal of Competition Law and Economics
Generating the Benefits of Competition: Challenges and Opportunities in Opening Electricity Markets
April 2008
Published by C. D. Howe Institute
Skating Toward Deregulation: Canadian Developments
Published in Federal Communications Law Journal
Should Innovation Rationalize Supra-Competitive Prices? A Skeptical Speculation
In The Pros and Cons of High Prices, edited by Fredenberg, and published by Swedish Competition Authority
Preventing Monopoly or Discouraging Competition? The Perils of Price-Cost Tests for Market Power in Electricity
In Electric Choices: Deregulation and the Future of Electric Power, edited by Andrew N. Kleit, and published by Rowman & Littlefield Publishers
Saving Section 2: Reframing U.S. Monopolization Law
In The Political Economy of Antitrust, edited by Vivek Ghosa and Johan Stennek, and published by Emerald Group Publishing Limited
Fair Use as Policy Instrument
In Developments in the Economics of Copyright: Research and Analysis, edited by Lisa N. Takeyama, Wendy J. Gordon, and Ruth Towse
Trinko v. Baxter: The Demise of U.S. v. AT&T
Published in Antitrust Bulletin
Market Failures in Real-Time Metering
September 2004
Published in Journal of Regulatory Economics
Do Easy Cases Make Bad Law? Antitrust Innovation or Missed Opportunities in U.S. v. Microsoft
Published in George Washington Law Review
Alternating Currents: Electricity Markets and Public Policy
Timothy J. Brennan, Karen Palmer, and Salvador Martinez
Published by RFF Press
News & Events
June 29, 2017
Brattle Economists to Present at Rutgers Center for Research in Regulated Industries Annual Western Conference

A group of Brattle consultants will present at Rutgers Center for Research in Regulated Industries’ (CRRI) 30th Annual Western Conference, taking place June 28-30, 2017 in Monterey, CA.

June 01, 2017
Brattle Economists to Present at Rutgers Center for Research in Regulated Industries Annual Eastern Conference

Several Brattle consultants will present at Rutgers Center for Research in Regulated Industries’ (CRRI) 36th Annual Eastern Conference, taking place May 31 to June 2, 2017 in Annapolis, MD.

March 31, 2015
Ahmad Faruqui Named Keynote Speaker for New York University School of Law’s Forum on the Reforming Energy Vision Initiative

Ahmad Faruqui will deliver the keynote address at the upcoming forum, “On the REV Agenda: The Role of Time-Variant Pricing,” a program co-hosted by the New York Department of Public Service, the Environmental Defense Fund, and the Institute for Policy Integrity at the New York University School of Law.