Photo of Leslie M. Marx, PhD

Selected Industries

  • Carbon
  • Insurance
  • Vitamins

Leslie M. Marx, PhD


Leslie M. Marx is the Robert A. Bandeen Professor of Economics at the Fuqua School of Business at Duke University. She is an expert in auctions, vertical contracting, antitrust liability, and cartels. Dr. Marx is well known for her innovative ideas in the areas of industrial organization, applied game theory, auctions, procurements, and collusion. Dr. Marx also served as the Chief Economist of the Federal Communications Commission (FCC) from August 2005 through August 2006.

Dr. Marx has published extensively in peer-reviewed journals and elsewhere on topics related to industrial organization, applied game theory, auctions, procurements, and collusion. Her published work includes papers on collusive mechanisms, incentives in procurement contracting, slotting allowances, and exclusive dealing.

Selected Experience

  • Served as a testifying expert in In re Electrical Carbon Products Antitrust Litigation.Submitted an expert report on damages.
  • In In re Vitamins Antitrust Litigation, served as a consulting expert. Worked closely with Bates White professionals to examine whether the economic evidence was inconsistent with noncooperative conduct during a period of time predating the defendants′ guilty pleas.
  • Provided an expert report and deposition testimony for Liberty Surplus Insurance Corporation in litigation that concerned Oxford Health Plans′ settlement negotiations in a securities class action lawsuit.


PhD, Economics, Northwestern University

BS, Mathematics, Duke University