Randal Heeb has 25 years of experience providing economic analysis in both the private and public sectors. His expertise includes antitrust analysis of tying and bundling, exclusive dealing, and complex pricing strategies. Dr. Heeb has written and consulted on a range of issues related to anticompetitive behavior in innovation-intensive industries. He has provided expert analysis and testimony in antitrust and energy-related matters. He has consulted with businesses on antitrust compliance and taught graduate students and corporate executives on topics related to antitrust in Europe, Asia, and North America.
Dr. Heeb has previously held various academic posts in the United States and Europe including Senior Faculty Fellow at Yale School of Management and Assistant Professor of Economics at both INSEAD and at the University of Chicago Graduate School of Business (visiting). He was also a Visiting Professor at the European School of Management and Technology. In addition to his academic positions, Dr. Heeb served as President of Policy Planning Associates, Inc., a software development firm specializing in customized energy industry applications.
Selected Experience
- Submitted an expert report and testified before the Court in USA v. Dicristina regarding econometric and game theoretical evidence on the question of whether poker is a game predominated by skill or chance.
- Submitted expert testimony regarding liability on behalf of Coral Energy Resources, an energy trading company in a NYMEX commodity futures market manipulation case, In Re Natural Gas Litigation.
- Submitted expert testimony on damages on behalf of the defendant in a dispute over alleged natural gas price and financial derivatives price manipulation in Gallo v. EnCana.
- Submitted an expert report on damages in MCQ v. Idaho Pizza Company, a dispute involving intellectual property licensing in the franchise restaurant business.
- Served as the lead economics consulting expert on behalf of AMD supervising all economics contributions to the landmark microprocessor antitrust case AMD v. Intel, and led the consulting teams supporting three testifying experts. Advised on overall case strategy and performed economic analysis to assess liability and damages resulting from alleged illegal conduct in the United States, Japan, Korea, and Europe.
- Served as lead consulting expert on damages for an international seed company in a patent dispute over licensing of genetic traits for pesticide resistance.
- Provided economic analysis to the Competition Bureau of Canada in its evaluation of the acquisition of Maple Leaf Sports Entertainment by Bell Canada Enterprises (BCE) Inc. and Rogers Communications, Inc.
- Developed damages estimates for mediation in an antitrust and intellectual property dispute in the heavy equipment industry involving issues of bundled pricing and exclusive dealing.
- Served as lead consulting expert for SAP defending a patent infringement suit in Sky Technologies LLC v. SAP AG and SAP America Inc.
- Led the external economic team supporting the Competition Bureau of Canada’s evaluation of the merger of Maple Acquisition Group and the parent company of the Toronto Stock Exchange.
- Led a joint US and European consulting team providing support to a leading firm in the transportation industry to address inquiries from antitrust authorities in a number of jurisdictions throughout the world, including the European Commission and the US Department of Justice, related to allegations of price fixing and other anticompetitive conduct.
- Led the economics team supporting an expert testifying on behalf of Music Choice before the Copyright Royalty Board of the US Library of Congress.
- Served as lead consulting expert for Amgen, Inc. in a patent infringement suit in Teva v. Amgen. Amgen obtained a favorable settlement blocking the introduction of the infringing drug in the United States until one month before the patents at issue will expire.
- Served as lead consulting economist in a matter alleging trade secret misappropriation and antitrust counterclaims of tying, exclusive dealing and attempted monopolization in the property management software market.
Education
PhD, Economics, University of Chicago
MPA, John F. Kennedy School of Government, Harvard University
BA, Economics, University of Washington
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Practices
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Expertise
- Alternative dispute resolution
- Business strategy
- Damages estimation
- Econometrics
- Energy market analysis
- Exclusionary conduct
- Game theory
- Horizontal and vertical restraints
- Loyalty rebates
- Market definition