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Dr. Lawrence Wu

President

Contact

San Francisco
Tel: +1 415 291 1007
Fax: +1 415 291 1020

Email: lawrence.wu@nera.com

Education

PhD in economics, Graduate School of Business, University of Chicago 
BA in economics, Stanford University

Experience

Dr. Wu's expertise is in the economics of antitrust and intellectual property. He has testified in US district courts and in a variety of regulatory proceedings. Prior to joining NERA, he was a staff economist in the Bureau of Economics of the Federal Trade Commission (FTC). From 2011 to 2015, he was a Visiting Scholar at the Stanford Institute for Economic Policy Research (SIEPR) at Stanford University.

In the area of antitrust, Dr. Wu has evaluated the competitive effects of numerous mergers and acquisitions.  These include proposed and consummated transactions.  He also has been retained as an economic expert to testify on issues related to antitrust class certification, liability, and damages.  He has testified on issues related to price fixing, as well as market definition and market power in antitrust litigations involving allegations of exclusive contracting, price discrimination, and anticompetitive exclusionary conduct.  Dr. Wu has analyzed these and other competitive issues in a variety of retail, manufacturing, and service industries, but he is particularly well known for his work in the area of health care, which includes health insurance, hospital services, physician services, and a variety of medical devices and technologies.

With respect to intellectual property economics, Dr. Wu has testified on reasonable royalties, and he has written and consulted on issues involving patent pools.

Dr. Wu is the co-author of a book on antitrust class certification, The Revolution in the Law and Economics of Antitrust Class Certification.  He also has edited three books on the economics of antitrust, including a book on the use of econometrics in antitrust analysis.  His publications, which have appeared in Antitrust, The Antitrust Bulletin, Antitrust Chronicle, Antitrust Report, The Antitrust Source, European Competition Law Review, Journal of Business Venturing, and Medical Care, include articles on merger analysis, market share-based merger screens, empirical methods in merger analysis, patent pools, and the multiple dimensions of market power.  He also is frequently invited to speak at conferences and seminars.

Dr. Wu earned his PhD from the University of Chicago Graduate School of Business and his BA from Stanford University.

Title Type Author
Health Care Antitrust: Are Courts Adapting to a Complex and Dynamic Industry or Are T... Published Article Dr. Lawrence Wu and Dr. Paul Wong
The Revolution in the Law and Economics of Antitrust Class Certification Book By Dr. Lawrence Wu and Michele Floyd
Levelling the Playing Field: The Role of the Internet and Mobile Computing in Improvi... Study By Dr. Lawrence Wu, James Mellsop, Professor Stephen King, Dr. Kristin Terris, and Dr. Will Taylor
Econometrics: Legal, Practical and Technical Issues, Second Edition Book Edited By Dr. Lawrence Wu, with chapters by Dr. Lauren Stiroh, Dr. Ramsey Shehadeh, and Dr. Timothy Watts
Standard Setting: Should There Be a Level Playing Field for All FRAND Commitments? Published Article By Dr. Nadia Soboleva and Dr. Lawrence Wu
An Inside Look at Monopsony Issues in the FTC's Express Scripts-Medco Merger Investig... Published Article By John Scalf with Rani Habash of Dechert LLP
Market Definition And Implications For Merger Review Published Article By Dr. Lawrence Wu with Corey Roush of Hogan Lovells LLP
Unilateral Competitive Effects of Mergers Between Firms with High Profit Margins Published Article By Dr. Elizabeth M. Bailey and Dr. Lawrence Wu with former NERA economist Greg Leonard
Comments on the 2010 Proposed Horizontal Merger Guidelines Regulatory Filing By Dr. Elizabeth M. Bailey and Dr. Lawrence Wu with former NERA economist Greg Leonard
Merger Screens: Market Share-Based Approaches Versus 'Upward Pricing Pressure' Published Article By Dr. Elizabeth M. Bailey and Dr. Lawrence Wu, et al.