NERA Economic Consulting

gregory.leonard@nera.com
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Education

PhD in economics, Massachusetts Institute of Technology
ScB in applied mathematics-economics, Brown University

Experience

Dr. Leonard is a Senior Vice President in NERA's Antitrust and Intellectual Property Practices. His areas of expertise are applied microeconomics and econometrics. He has extensive experience analyzing competition and estimating damages in a wide variety of contexts. Dr. Leonard has provided written and oral testimony and presentations before courts and government agencies on issues involving antitrust, damages estimation, statistics and econometrics, surveys, and labor market discrimination.

Prior to joining NERA, Dr. Leonard was a Senior Vice President at Lexecon Inc., a founding member and Director of Cambridge Economics, Inc., and an Assistant Professor at Columbia University, where he taught statistics, econometrics, and labor economics.

Dr. Leonard has experience in a broad range of industries, including pharmaceuticals, telecommunications, airlines, semiconductors, hedge funds, securities, commercial and recreational fishing, medical devices, professional sports, credit card networks, payment systems, information services, computer software, computer hardware, chemicals, plastics, retailing, advertising, beef processing, fertilizers, printing, petroleum, steel, beer, cereals, cosmetics, athletic apparel, film, milk, canned fish, vitamins, animal feed supplements, tissue, paperboard, industrial gas, concrete, contact lens cleaners, sports beverages, soft drinks, diapers, tobacco products, graphite and carbon products, and modems, among others.

Dr. Leonard has published widely on the issues of antitrust, industrial organization, labor economics, and econometrics. His publications have appeared in the RAND Journal of Economics, the Journal of Industrial Economics, the Journal of Econometrics, the International Journal of Industrial Organization, the Journal of Public Economics, the Journal of Labor Economics, Antitrust Law Journal, Antitrust, the Journal of Competition Law and Economics, the Journal of Economic Surveys, the Berkeley Technology Law Journal, the European Competition Law Review, les Nouvelles, and the George Mason Law Review. Dr. Leonard co-authored two chapters in the American Bar Association Section of Antitrust Law (ABA) volume Issues in Competition Law and Policy and was a contributor to the ABA volume Econometrics. He co-edited Economic Approaches to Intellectual Property: Policy, Litigation, and Management and authored or co-authored three of its chapters. Dr. Leonard is an Associate Editor of the ABA publication Antitrust and has served as a referee for numerous economics journals.

Dr. Leonard was one of the developers of the merger simulation technique that is now widely used to analyze the competitive effects of mergers. In February 2004, he gave an invited presentation on this subject at the US Department of Justice and Federal Trade Commission Merger Workshop. In 2005, Dr. Leonard served as a consultant on the issue of immunities and exemptions to the Antitrust Modernization Commission (AMC), which has been tasked by Congress and the President with developing recommendations for changes to the US antitrust laws. He testified before the AMC in December 2005. In 2006, Dr. Leonard was invited to make a presentation regarding the estimation of antitrust damages to the Fair Trade Commission of Japan. In recent years, he has given invited lectures in the People's Republic of China on antitrust and intellectual property issues.

Dr. Leonard received an ScB in Applied Mathematics-Economics from Brown University and a PhD in Economics from the Massachusetts Institute of Technology, where he was a National Science Foundation Graduate Fellow and an Alfred P. Sloan Foundation Fellow.