Bates White: Economic Consulting

Paul Johnson specializes in microeconomic theory, merger analysis, class certification, and applied econometrics. He has provided economic analyses for antitrust matters involving civil litigation, as well as several high-profile mergers before US and European antitrust agencies. Dr. Johnson has also published in peer-reviewed journals on topics such as merger analysis, demand estimation, and applied econometrics.

Prior to joining Bates White, Dr. Johnson worked as an economist at LECG and Capital Economics. He also served as a lecturer at The Pennsylvania State University where he taught microeconomic theory and researched empirical game theoretic models.

Selected Experience

• Analyzed competitive effects of Grifols’ acquisition of Talecris (markets for biologic therapies derived from human plasma). Subsequent to second request, FTC approved the transaction subject a consent decree that facilitated entry.

• Directed competitive analysis of a merger in the financial services sector including econometric analysis of win-loss data. Provided extensive assistance to client in responding to civil investigative demand. The merger was approved in all jurisdictions.
• Analyzed competitive aspects of The Great Atlantic & Pacific Tea Company′s (A&P) acquisition of Pathmark, Inc. through an entry and exit event analysis. Provided significant assistance to attorneys in responding to second request from the FTC. The FTC ultimately allowed A&P to acquire Pathmark, requiring a substantially smaller divestiture package than anticipated by industry analysts.
• Analyzed allegations of global price-fixing by freight forwarders. Provided assistance to attorneys in responding to European and US agency requests for information.
• Analyzed class certification issues in the building materials industry that relied on extensive empirical analysis of defendant data.
• In various price-fixing matters, analyzed damages using advanced econometric modeling techniques and large databases and supported settlement strategies. Industries analyzed include industrial chemicals, technology, and building materials.

Education

PhD, Economics, University of Montreal

BA, Economics and French, University of North Carolina