Timothy J. Brennan, Author at Truth on the Market

Timothy J. Brennan

Tim Brennan is professor emeritus at the University of Maryland, Baltimore County's School of Public Policy and a senior fellow at Resources for the Future. He has been a staff economist with the Department of Justice’s Antitrust Division and a non-resident adviser to the Director of the Federal Trade Commission’s Bureau of Economics. He has served as the senior economist for industrial organization and regulation with the White House Council of Economic Advisers and chief economist at the Federal Communications Commission. He has also held the T.D. MacDonald Chair in Industrial Economics at the Canadian Competition Bureau.

His primary research interests are regulatory economics and competition policy, with applications to the electricity, telecommunications, and postal sectors. He has over 140 articles and chapters in academic journals and books. His recent energy-related work for RFF has included analyses of utility control of customer electricity use and tensions between generation competition and long-run transmission planning. He holds a master’s degree in mathematics and a PhD in economics from the University of Wisconsin, Madison.

Posts

Coronavirus treatments and vaccines: Patents … or a Prize?

Timothy J. Brennan Apr 16, 2020

Observers on TOTM and elsewhere have pointed out the importance of preserving patent rights as pharmaceutical and biotechnology companies pursue development of treatments for, and better vaccines against, Covid-19. As the benefits of these treatments could reach into the trillions of dollars (see here for a casual estimate and here for a more serious one), ... Coronavirus treatments and vaccines: Patents … or a Prize?

The Pandemic Exception that Proves the Market Rule

Timothy J. Brennan Mar 31, 2020

[TOTM: The following is part of a blog series by TOTM guests and authors on the law, economics, and policy of the ongoing COVID-19 pandemic. The entire series of posts is available here. This post is authored by Tim Brennan, (Professor, Economics & Public Policy, University of Maryland; former FCC; former FTC).] Thinking about how to think about ... The Pandemic Exception that Proves the Market Rule

Common Law Economics Health Care

Brennan: Guidance on Enforcement Against “Pure” Vertical Mergers: It’s Complicated

Timothy J. Brennan Feb 07, 2020

[TOTM: The following is part of a symposium by TOTM guests and authors on the 2020 Vertical Merger Guidelines. The entire series of posts is available here.] This post is authored by Timothy J. Brennan (Professor, Public Policy and Economics, University of Maryland; former Chief Economist, FCC; former economist, DOJ Antitrust Division).] The DOJ Antitrust ... Brennan: Guidance on Enforcement Against “Pure” Vertical Mergers: It’s Complicated

Antitrust Consumer Welfare Standard DOJ

Section 2 Symposium: Tim Brennan on the Relationship Between Regulation and Antitrust

Timothy J. Brennan May 06, 2009

Tim Brennan is a professor of public policy and economics at UMBC and a senior fellow with Resources for the Future (RFF). When I first started working in antitrust at the Justice Department over thirty years ago—there’s a hard reality to accept—the Antitrust Division was then embroiled in an effort to reform the regulation of ... Section 2 Symposium: Tim Brennan on the Relationship Between Regulation and Antitrust

Antitrust DOJ Duty to Deal & Essential Facilities

Section 2 Symposium: Tim Brennan on Predation, Exclusion, and Complement Market Monopolization

Timothy J. Brennan May 06, 2009

Tim Brennan is a professor of public policy and economics at UMBC and a senior fellow with Resources for the Future (RFF). As evidenced by this on-line symposium, the handling of cases under the rubrics “monopolization,” “single firm conduct”, or “abuse of dominance” continues to be debated by the competition policy community. This debate, as ... Section 2 Symposium: Tim Brennan on Predation, Exclusion, and Complement Market Monopolization

Antitrust DOJ EU

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