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Photo of Matthew  Hoelle, PhD


Matthew Hoelle is a Senior Economist with the Intellectual Property and Antitrust and Competition Practices at Bates White. Dr. Hoelle has submitted expert reports and testified at deposition. Prior to joining Bates White, Dr. Hoelle was a faculty member at Purdue University, where he taught courses in economic theory, financial markets, and strategy at both the undergraduate and graduate levels. His research has primarily focused on the theoretical implications of financial and monetary policies, including optimal policy design. Dr. Hoelle has published in peer-reviewed journals such as Economic Theory, Journal of Mathematical Economics, and Mathematical Social Science.


PhD, Economics, University of Pennsylvania

BS, Chemical Engineering, Washington University

Selected Work

Selected Experience

  • On behalf of a reseller and provider of maintenance, repair, and operations services, testified as an economic expert on cost deductions for an alleged trademark infringement under the Lanham Act, in a US District Court case involving trademark infringement and Sherman Sections 1 and 2 antitrust violations, including exclusionary practices. Calculated the monetary compensation attributable to Defendant’s profits from the sales of the allegedly infringing products.
  • Supported the expert in a Section 337 antitrust matter before the International Trade Commission (ITC) to evaluate antitrust claims on behalf of a reseller and provider of maintenance, repair, and operations (MRO) services for industrial automation applications. 
  • Supported the government expert in a US District Court case involving the transfer pricing methodologies and tax obligations of a manufacturer of generic drugs. The drug manufacturer had filed a complaint against the government to recover taxes collected in accordance with Section 482 regulations, alleging that contemporaneous sales projections and the presence of economic risks justified the transfer of domestic tax liability to a foreign subsidiary.
  • In civil litigation in federal court, supported the expert on behalf of one manufacturer in a price-fixing case involving competing manufacturers of a brand-name consumer product. 
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