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Cory Capps has 20 years of experience as an economist specializing in industrial organization, empirical methods, and antitrust, with a focus on the healthcare industry. He frequently advises and offers expert testimony on behalf of private firms and government agencies on issues relating to market power and competition in the healthcare sector, and he has experience analyzing mergers, joint ventures, price-fixing and market allocation, and exclusionary conduct. Dr. Capps has also testified before the US Senate on the competitive implications of vertical mergers in healthcare. Prior to joining Bates White, Dr. Capps was a Staff Economist at the Antitrust Division of the US Department of Justice (DOJ), where he concentrated on the analysis of competition in healthcare markets, including merger and civil non-merger investigations of health insurers and healthcare providers. Since 2012, Dr. Capps has been named to the Who’s Who Legal of Competition Economists and recognized as a Competition Thought Leader since 2021.

In addition to Dr. Capps’ broad healthcare experience, he has conducted economic analysis for investigations and cases involving a variety of industries such as airlines, software, semiconductors, newspapers, cable TV and media, and online content providers. Dr. Capps has also provided economic consulting services to corporations on business and strategy issues.

Dr. Capps’ academic career includes professorships at the University of Illinois at Urbana-Champaign and at Northwestern University’s Kellogg School of Management. He has published widely in academic journals, including RAND Journal of Economics; Journal of Economics and Management Strategy; Journal of Health Economics; Antitrust Bulletin; Health Affairs; and Health Economics, Policy and Law


PhD, Economics, Northwestern University

BA, Economics, University of Texas at Austin

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