Antitrust/Competition
Overview
Experts
Publications

Antitrust policy promotes competition and innovation for the benefit of consumers. Though the concept is simple, the underlying economic analysis in antitrust and competition matters is often complex. Brattle offers a unique approach to tackling the challenges posed by these cases.

Our approach has three elements:

  • Key decision makers, such as expert economists, closely engaged throughout the project to drive the economic theory and reasoning behind analyses
  • Unleveraged and dedicated teams that maximize project knowledge and depth
  • Direct access for clients to the entire project team without unnecessary layers of management impeding communication

We have employed this approach on some of the largest and most high-profile antitrust cases. We work with first-rate testifying experts including two Nobel laureates, economics professors at leading universities, and former high-ranking economists at government competition agencies. We have advised clients in hundreds of transactions and provided testimony and litigation support in antitrust and competition cases on behalf of leading law firms as well as U.S. and international government agencies.

Areas of Expertise
Principals
Abere 068
Principal
+1.212.789.3650
Dr. Abere provides economic research, data analysis, and expert witness testimony in cases involving antitrust, contracts, intellectual property, and other commercial litigation as well as regulatory proceedings. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Arthur 056
Principal
+1.617.864.7900
Dr. Arthur has more than 15 years of consulting and litigation experience in the natural gas, natural gas liquids, and petroleum industries. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Bagci
Principal
+44.20.7406.7900
Dr. Bagci has more 15 years of experience advising on competition and regulatory matters and on the economics of energy and financial markets. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Bazelon 066
Principal
+1.202.955.5050
Dr. Bazelon consults and testifies in numerous telecommunications matters, ranging from wireless license auctions, spectrum management, and competition policy, to patent infringement, wireless reselling, and broadband deployment. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Broehm 076
Principal
+1.617.864.7900
Dr. Broehm is an economic expert in the electric utility industry specializing in the areas of market competition, impacts of regulatory policies on wholesale power markets and power assets and valuation, and the evaluation of power procurement. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Cameron 063
Principal
+1.617.864.7900
Dr. Cameron has more than 15 years of experience consulting to attorneys and companies involved in commercial litigation, regulatory proceedings, and other complex matters. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Carpenter 063
Principal & Chairman
+1.617.864.7900
Dr. Carpenter specializes in the fields of energy economics, regulation, corporate planning, pricing policy, and antitrust. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Cragg13
Principal
+1.617.234.5721
Dr. Cragg has extensive consulting, research, and expert witness experience in corporate finance, financial services, and valuation. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Fox penner 131
Principal
Dr. Fox-Penner specializes in economic, regulatory, and strategic issues in network industries. His practice centers on energy and environmental policies and electric regulation, planning, and competition issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Garcia 084
Principal
+34.91.418.69.70
Dr. García advises clients on competition, regulation, and restructuring policy in the energy, banking, telecommunications, and food supply industries. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Hearle 084
Principal
+1.202.955.5050
Mr. Hearle specializes in applying corporate finance and accounting expertise to the analyses of antitrust and other competition issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Herscovici 087
Principal
Dr. Herscovici specializes in the application of economics, finance, and data analysis to litigation and other complex business issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Brad johnson web
Principal
+1.415.217.1000
Mr. Johnson has experience in litigation matters pertaining to antitrust, financial institutions, and health care. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Lapuerta 103pp
Principal
+44.20.7406.7900
Mr. Lapuerta is an expert in economic analysis and financial valuation, which he frequently applies to estimate damages in international arbitration proceedings. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
0107 1
Principal
Dr. Ledgerwood is an expert in market competitiveness with an emphasis on the economic analysis of potential market manipulation claims in commodities and securities markets. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Levine 056a
Principal
+1.617.234.5729
Mr. Levine specializes in energy and regulatory economics and is an expert in the economics of the natural gas, oil, and liquefied natural gas markets. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Levy 080
Principal
+1.415.217.1000
Dr. Levy specializes in microeconomics, econometrics, and statistics. He has supported expert work calculating damages in numerous litigation cases with an emphasis on statistical and econometric issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Marin 083
Principal
+44.20.7406.7900
Dr. Marín is an expert in competition and regulation in various sectors, including energy, telecommunications, transportation, and R&D-intensive industries. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Danmcfadden557
Principal
+1.415.217.1000
Professor McFadden is a winner of the 2000 Nobel Prize in Economics, the E. Morris Cox Professor Emeritus of Economics at the University of California at Berkeley, and the founding director of its Econometrics Laboratory. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Reitzes 067
Principal
+1.202.955.5050
Dr. Reitzes, a former Federal Trade Commission economist, specializes in antitrust and regulatory economics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Principal
+1.202.955.5050
Dr. Reynolds is widely known for his empirical and theoretical analyses of antitrust, regulatory, and financial issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Shavel 087
Principal
+1.202.955.5050
Dr. Shavel is an energy economist specializing in the economics and operations of the U.S. electric power system, generation and transmission investment, and environmental strategy. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Wilson 057
Principal
+1.617.864.7900
Dr. Wilson has extensive experience conducting analyses for antitrust, regulatory, and other competition-related matters. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Principal Emeritus
Tye web
Principal Emeritus
Dr. Tye is an expert in economic analysis and public policy and specializes in regulatory and antitrust issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Wise website
Principal Emeritus
+1.415.217.1001
Dr. Wise specializes in the application of economics and statistical techniques to analyze damages in connection with business and environmental litigation. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisors
Academic Advisor
Dr. Bowblis is an Associate Professor in the Department of Economics at Miami University, where he teaches courses in health economics, antitrust, industrial organization, econometrics, and the economics of regulation. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
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. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Mr. Brotman is a faculty member at Harvard Law School and in the Harvard Business School Executive Education Program. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Butelmann is an expert in competition policy and regulation of natural monopolies. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Oral Capps, Jr. is an Executive Professor at Texas A&M University in the Department of Agricultural Economics and is holder of the Southwest Dairy Marketing Endowed Chair. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
+1.917.776.8777
Dr. Economides is an expert on network economics, electronic commerce, antitrust, and public policy. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Edlin, a Professor at the University of California, Berkeley, is a leading authority in economics and law, specializing in antitrust economics and law. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Joshua Gans is a Professor of Strategic Management and the Jeffrey S. Skoll Chair of Technical Innovation and Entrepreneurship at the Rotman School of Management at the University of Toronto. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Robert E. Hall is the Robert and Carole McNeil Joint Professor of Economics at Stanford University and Senior Fellow at Stanford’s Hoover Institution. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Hamilton, a Professor and Chair of Economics in the Orfalea College of Business at California Polytechnic State University, is an expert in the fields of environmental and natural resource economics, energy economics, antitrust regulation, and public economics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Kamerschen is currently a Distinguished Professor of Economics and the Jasper N. Dorsey Chair of the Department of Economics at the University of Georgia More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Kwoka is the Neal F. Finnegan Distinguished Professor of Economics at Northeastern University. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Madansky is the H.G.B. Alexander Professor Emeritus of Business Administration in the Graduate School of Business at The University of Chicago. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Richard Mancke is the Professor of Leadership and Public Policy at the Leipzig Graduate School of Management in Germany. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Michael Moore is a Senior Lecturer of Strategy at the Kellogg School of Management at Northwestern University. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Philipson is a Professor of Public Policy Studies at the Irving B. Harris Graduate School of Public Policy Studies at The University of Chicago, where he teaches courses in microeconomics and health economics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Robinson is a Senior Fellow of the Oxford Institute for Energy Studies. He consults on competition, regulation, and corporate strategy in energy and other regulated sectors. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Rust is a Professor of Economics at Georgetown University. Previously, Dr. Rust has taught at the University of Wisconsin, Yale University, and most recently, the University of Maryland. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Professor Sappington is the Lanzillotti-McKethan Eminent Scholar Chair in the Department of Economics at the University of Florida, where he serves as the Director of the University’s Public Policy Research Center. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Seaman is an Associate Professor of Economics, former Department Chair, and Research Associate at the Andrew Young School of Policy Studies at Georgia State University. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Dr. Tovar Landa is the Economic Regulation Director in the Department of Economics at the Instituto Tecnológico Autónomo de México. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Abraham L. Wickelgren is the Bernard J. Ward Centennial Professor at the University of Texas Law School and a former staff economist at the Federal Trade Commission. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisor
Professor Yamey is an Emeritus Professor of Economics at the London School of Economics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Senior Consultants
Cleary 082
Senior Consultant
+1.212.789.3683
Ms. Cleary has experience providing economic consulting services on issues of liability, class certification, and damages in antitrust cases involving mergers and acquisitions, price-fixing and collusion, monopolization, price discrimination, vertical restraints, and other anticompetitive practices. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Gaynor 044
Senior Consultant
+1.202.955.5050
Dr. Gaynor has extensive experience in antitrust and competition matters, including the analysis of the competitive effects of mergers and acquisitions and various horizontal and vertical restraints. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Senior Associates
0225 1
Senior Associate
+1.212.789.3680
Mr. Fanaras is an experienced consulting expert who analyzes the competitive effects of mergers, antitrust conduct, intellectual property, and economic damages. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Mchenry 053
Senior Associate
+1.202.955.5050
Dr. McHenry has consulted on numerous telecommunication matters and numerous expert reports related to spectrum management and valuation, broadband deployment, regulatory proceedings, Universal Service Fund, and competition policy. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
0014 1
Senior Associate
+1.202.955.5050
Dr. Powers has expertise in industrial organization and energy economics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Sergici 102
Senior Associate
+1.617.864.7900
Dr. Sergici assists electric utilities, regulators, and wholesale market operators in their strategic questions related to energy efficiency, demand response, and customer behavior in the context of Smart Grid. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Verlinda web
Senior Associate
+1.202.955.5050
Dr. Verlinda specializes in industrial organization, antitrust, econometrics, and statistics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Article
Just Passing Through? Cartel Damages Under The New EU Directive
April 24, 2015
Published in Corporate Disputes Magazine
Article
Fit to be Tied? Antitrust Implications of Collins Inkjet Co. v. Eastman Kodak Co.
April 20, 2015
Published by The Brattle Group, Inc.
Report
Brief of Antitrust Economists as Amici Curiae in Support of Defendants-Appellants
January 15, 2015
Lisa J. Cameron, Steven Herscovici, Henry G. Grabowski, Sheila Coombs Branyan, Kenneth G. Elzinga, Paul Greenberg, James W. Hughes, Anne Layne-Farrar, Kevin M. Murphy, Janusz A. Ordover, Ann E. Querns, Bradley N. Reiff, Jeremy A. Rist, John Rizzo, William H. Roberts, Edward A. Snyder, Bruce Stangle, Robert H. Topel, and Michael Wohlgenant
Prepared for the United States Court of Appeals for the Second Circuit
Article
Be an Expert in Working with Economic Experts
December 2014
Published in Perspectives in Antitrust, a publication of the Antitrust Law Section of the American Bar Association
Article
Market Power in Battery Separators: In re Polypore
November 21, 2014
John Simpson and J. Robert Robertson
Published in The Antitrust Bulletin
Article
Cartel Damages Under the New EU Directive
October 23, 2014
Article
Loyalty discounts and theories of harm in the Intel investigations
April 2014
John Simpson and Patrick DeGraba
Published in the April 2014 issue of Journal of Antitrust Enforcement
Presentation
Market Manipulation and Antitrust: Complements or Substitutes?
February 25, 2014
Presented to the NYC Bar Association Antitrust & Trade Regulation Committee
Brochure
Antitrust Analysis in Physician, Hospital, and Insurer Matters
2014
Article
Cambios Legales en la Cadena Alimentaria
December 19, 2012
Published in El Economista
Article
A Framework for Analyzing Market Manipulation
September 2012
Published in Review of Law & Economics, Volume 8, No. 1
Report
Competitive Assessment of the Spanish Food Supply Chain
April 6, 2012
Prepared for PROMARCA
Article
Rummaging through the Bottom of Pandora’s Box: Funding Predatory Pricing through Contemporaneous Recoupment
April 2012
Shaun D. Ledgerwood and Wesley Health
Published in Virginia Law and Business Review, Volume 6, Number 3
Article
A Comparison of Anti-Manipulation Rules in U.S. and EU Electricity and Natural Gas Markets: A Proposal for a Common Standard
April 2012
Published in Energy Law Journal
Report
Completing the Puzzle: Defining Manipulation Under REMIT
January 2012
Published by The Brattle Group, Inc.
Report
Competitive Effects of Exchanges or Sales of Airport Landing Slots
December 2011
James D. Reitzes, Brendan McVeigh, Nicholas E. Powers, and Samuel Moy
Published by The Brattle Group, Inc.
Report
Defining Market Manipulation in a Post-REMIT World
June 2011
Published by The Brattle Group, Inc.
Report
Losing Money to Increase Profits: A Proposed Framework for Defining Market Manipulation
March 2011
Published by The Brattle Group, Inc.
Report
Assessing Pipe-to-Pipe Competition: Theoretical Framework and Application to GTS
March 2011
Prepared for NMa
Article
Price Signals in Two-Sided Markets
July 2010
Joshua Gans
Published in Competition Policy International
Article
Is Delaware’s Antitakeover Statute Unconstitutional? Evidence from 1988-2008
May 2010
Steven Herscovici, Guhan Subramanian, and Brian Barbetta
Published in The Business Lawyer
Article
Using Economics to Measure Consumer Damages in Private Advertising Litigation
2010
In The Adviser, published by the American Bar Association Section of Antitrust Law Private Advertising Litigation Committee, Vol. 1, No. 1 (2010)
Article
RPM as Exclusion: Did the U.S. Supreme Court Stumble Upon the Missing Theory of Harm?
December 2008
Published in Antitrust Bulletin
Article
A Bargaining Perspective on Strategic Outsourcing and Supply Competition
August 2008
Joshua Gans and Catherine de Fontenay
Published in Strategic Management Journal
Article
Do Gasoline Mergers Affect Consumer’s Prices? The Marathon-Ashland and UDS Transaction
February 2008
John Simpson and Christopher Taylor
Published in Journal of Law and Economics
Article
Difference in Differences Analysis in Antitrust: A Cautionary Note
2008
John Simpson and David Schmidt
Published in Antitrust Law Journal
Article
Concentration-Based Merger Tests and Vertical Market Structure
November 2007
Joshua Gans
Published in the Journal of Law and Economics
Article
Bundled Discounts, Leverage Theory and Downstream Competition
October 2007
John Simpson and Abraham Wickelgren
Published in American Law and Economics Review
Article
Naked Exclusion, Efficient Breach, and Downstream Competition
September 2007
John Simpson and Abraham Wickelgren
Published in American Economic Review
Article
Can Mergers to Monopoly, Price Fixing, and Market-Division Agreements Raise Welfare?
February 2004
James D. Reitzes and Paul S. Clyde
Published in International Journal of the Economics of Business
Clients