Richard Langford, PhD

Rich Langford is a Manager in the Antitrust and Competition Practice, specializing in economic model development, estimation, and statistical analysis. He has provided consulting and expert support in antitrust cases across a variety of industries, especially in technology and finance, including LIBOR-Based Financial Instruments Antitrust Litigation, United States v. Google, Oliver v. Amex, CFPB v. Navient, Apple v. Qualcomm, and Optical Disk Drive Products Antitrust Litigation. Dr. Langford has also served as the lead consulting expert in work involving a large multinational pharmaceutical company, applying auction theory to develop and estimate a bidding tool for use in pharmaceutical and biosimilars tenders. His work on mergers spans multiple industries, including chemical, energy, and aerospace, and he has supported experts on behalf of both merging parties and regulatory bodies.

Dr. Langford has done extensive research in industrial organization and applied econometrics, primarily focused on the automobile industry, and has published in International Journal of Industrial Organization. He teaches graduate-level statistics as a lecturer at Johns Hopkins University.

PhD, Economics, Yale University

BA, Economics and Mathematics (with general and departmental honors, Phi Beta Kappa), Vassar College

• Served as the lead consulting expert for work involving a large multinational pharmaceutical company, applying auction theory to develop and estimate a user-friendly tool informing optimal bidding strategy in pharmaceutical and biosimilars tenders.
• In LIBOR-Based Financial Instruments Antitrust Litigation—The OTC Action, managed the team supporting the expert on behalf of a class of over-the-counter plaintiffs against the global banks that set US Dollar LIBOR.
• Supported the expert in report preparation on behalf of the DOJ in other litigation matters, including United States et al. v. Google LLC and the blocked merger of Penguin Random House and Simon & Schuster.
• In Anthony Oliver et al. v. American Express Company et al., supported experts on behalf of Amex.  Conducted data analyses relevant to issues of common impact and damages for a class certification hearing.
• On behalf of the debtor in In re Bestwall LLC, led teams in processing and analysis of mesothelioma claims data.
• On behalf of Evonik and PeroxyChem, two North American manufacturers of hydrogen peroxide, supported Dr. Nicholas Hill. Evonik prevailed in its litigation against the Federal Trade Commission (FTC).
• Supported the expert in the joint venture of Peabody Energy Corporation and Arch Resources, two North American companies seeking to combine coal assets, on behalf of the FTC’s efforts to block the transaction. 
• On behalf of Apple in its litigation against Qualcomm, constructed and analyzed theoretical and empirical structural models to help the expert understand how the modem chipset industry operated and to model Qualcomm’s impact on the industry. 
• In the matter ACCC v. Informed Sources, provided economic analysis on behalf of the Australian Competition and Consumer Commission in its Federal Court of Australia proceedings against Informed Sources. Analyzed whether the retail gasoline price information provided by Informed Sources to fuel retailers that subscribed to the service likely lessened competition in metropolitan Melbourne.