Dr. Leslie Marx, Bates White Partner and Duke University Professor of Economics, was named to Global Competition Review’s (GCR) 2021 “Women in Antitrust,” a list of women recognized for standout careers in the field of competition law.
In her profile, Dr. Marx shared thoughts on how economic theory can explain market behavior. She noted that her favorite thing about working in antitrust is seeing predictions of the theory come to life in the data. She added, “Having the opportunity to testify at trial is also a highlight,” because it allows her to teach a jury about the work that goes into those analyses.
Dr. Marx is an expert on antitrust economics, including liability and damages, with a focus on collusion at auctions and procurements. She is well known for her innovative ideas in the areas of industrial organization, applied game theory, auctions, procurements, and collusion. Dr. Marx served as the Chief Economist of the Federal Communications Commission from August 2005 through August 2006. She is currently the Robert A. Bandeen Professor of Economics at Duke University’s Fuqua School of Business. Her 2012 book, The Economics of Collusion, coauthored with Bates White Partner and Penn State University Economics Professor Robert C. Marshall, has been widely praised for its clear and compelling guidelines for cartel detection within an organization. Dr. Marx has also been named among the Who’s Who Legal of Competition Economists since 2017.
This is the sixth edition of GCR’s "Women in Antitrust," which is published every four years. For this year’s edition, a record number of nominations were received, reflecting the increasing number of women in this field. In its interviews for this edition, GCR found that there is a growing trend in the global antitrust community to appoint more women to leadership positions, and agencies and firms in the field are taking steps to set a new perception of leadership to include women.