David S. Evans
David S. Evans, is the Chairman of the Global Economics Group in the firm’s Boston office, and has broad experience in the economics of antitrust, intellectual property, and financial regulation. Dr. Evans has an international practice and has worked on matters in the United States, the European Union, China, Brazil, Australia, and other jurisdictions. He has provided economic advice on a wide range of industries but has special expertise in financial services, internet-based, media, and information-technology based businesses. He is one of the world’s leading authorities on platform-based (“two-sided market”) businesses.
- David S. Evans
- Chairman, Boston
- Antitrust/Competition Policy, Labor and Discrimination, Financial Regulation
Dr. Evans currently teaches economics and antitrust at the University of Chicago Law School where he is a Lecturer and at the University College London where he is a Visiting Professor. He is the Founder and Publisher of Competition Policy International and is on the editorial boards of Concurrences and The Review of Network Economics. He has authored or edited 8 books and more than 100 articles and book chapters.
Dr. Evans was a Managing Director of LECG (2004-2011) where he was the head of its global antitrust practice and Vice Chairman of LECG Europe. Previously he was Senior Vice President at NERA (1989-2004) where he was also a member of the management committee and board of directors. He received his Ph.D. in Economics from the University of Chicago in 1983 and subsequently taught at the Department of Economics and the Law School at Fordham University in New York.
Antitrust and Intellectual Property
Dr. Evans has worked on mergers, monopolization and abuse of dominance, and joint venture cases in multiple jurisdictions. A number of his matters have involved the intersection of antitrust and intellectual property and the antitrust of information technology/on-line businesses. Representative matters include:
- U.S. v Microsoft on trial and remand on remedies and E.C. v Microsoft on tying and interoperability on behalf of Microsoft
- Monster’s acquisition of Yahoo! HotJobs merger before the Federal Trade Commission
- WPP’s acquisition of Taylor Nelson Sofres before the European Commission
- Google’s acquisition of DoubleClick for various third-party intervenors before the Federal Trade Commission, European Commission and Australian Competition and Consumer Commission
- Investigation of VisaNet and Redecard by the Central Bank of Brazil and other regulatory authorities concerning certain exclusivity agreements and practices in the payment card industry.
- In Twombly v. Bell Atlantic, Evans was chief author of amicus brief by economists submitted to the U.S. Supreme Court in support of cert. and in support of reversal.
- For the Federal Competition Commission of Mexico, co-authored guidelines on market definition and market power.
Dr. Evans has worked on regulatory matters involving payment systems, consumer financial protection, derivatives regulation, and the regulation of exchanges. Representative matters include:
- Analysis of Consumer Financial Protection Bureau regulations for various financial institutions
- Debit card regulatory proceedings before the Federal Reserve Board on behalf of various financial institutions
- Regulation of the OTC commodity derivatives for the Government of Singapore
- Analysis of SEC orders concerning pricing of market data submitted reports and made presentations to the SEC on behalf of Bloomberg.
- House Financial Services Committee, U.S. Congress, provided assistance in putting educational programs together for Members during 2009 concerning the financial crisis.
APPEARANCES AND TESTIMONY
Dr. Evans has appeared before the Australian Competition and Consumer Commission, European Commission, Federal Trade Commission, U.S. Department of Justice, and Securities and Exchange Commission. He has testified before the House Financial Services Committee and the Senate Banking Committee. He has also testified before various Federal and state courts in the United States and the European General Court. Examples of Dr. Evans’s clients for whom he has made public submissions and appearances include Bloomberg, Michael Tyson, Microsoft, OECD, and Visa.
HONORS AND RANKINGS
- 2006 award for best scholarly book on business/management from the American Publisher Association for Invisible Engines: How Software Platforms Drive Innovation and Transform Industries
- Top 3% of economists worldwide based on IDEAS citation index.
- Top 20 law professors worldwide based on SSRN download ranking for last year.
- The International Who’s Who of Competition Lawyers & Economists 2011.
- Named among the “Top 25 Competition & Antitrust Practitioners” by Best of the Best USA, Legal Media Group.
REPRESENTATIVE RECENT PUBLICATIONS
“Lightening Up on Market Definition,” in E. Elhauge, ed., Research Handbook on the Economics of Antitrust Law (New York: Edward Elgar, forthcoming 2011).
“The Effect of the Consumer Financial Protection Act of 2009 on Consumer Credit,” Loyola Consumer Law Review, 2010.
“The Online Advertising Industry: Economics, Evolution, and Privacy,” Journal of Economic Perspectives, Summer 2009.
“Markets with Two-Sided Platforms,” Issues in Competition Law and Policy (ABA Section of Antitrust Law), Vol. 1, Chapter 28, 2008, with Richard Schmalensee.
“Antitrust Issues Raised by the Emerging Global Internet Economy,” Northwestern University Law Review, Vol. 102, No. 4, p. 285, Colloquy Essay, 2008.
“The Role of Cost in Determining When Firms Offer Bundles and Ties,” Journal of Industrial Economics, Vol. 56, Issue 1, March 2008 with Michael A. Salinger.