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 is a Senior Faculty Fellow at the Yale School of Management. He has previously held various academic posts in the United States and Europe including Assistant Professor of Economics at 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 expert testimony regarding liability on behalf of an energy trading company in a NYMEX commodity futures market manipulation case, In re Natural Gas Litigation.
- Served as the lead consulting expert on behalf of AMD in the landmark microprocessor antitrust case AMD v. Intel. 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.
- Submitted expert testimony on damages on behalf of the defendant in a dispute over alleged natural gas price manipulation in Gallo v. EnCana.
- Led a team supporting the testifying expert working for a major pharmaceutical company. The company was seeking a permanent injunction against a firm that infringed against its intellectual property rights.
- Developed damages estimates for mediation in an antitrust and intellectual property dispute in the heavy equipment industry involving issues of anticompetitive pricing, bundling, and exclusive dealing.
- Provided strategic advice and conducted empirical analysis on behalf of an online search advertising provider.
- Provided support to an international freight forwarder responding to inquiries from antitrust regulators in multiple jurisdictions.
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