David Toniatti
Education
Ph.D. and M.B.A., economics, The University of Chicago Booth School of Business; A.B., economics, Harvard University
Summary of Experience
Dr. Toniatti specializes in the application of microeconomics, econometrics, and statistical methods in litigation and strategy matters. He has conducted analyses of competition and antitrust issues across a range of industries. In merger investigations, he has supported experts for the US Department of Justice (DOJ), the Federal Trade Commission (FTC), and merging parties related to horizontal and vertical transactions. Dr. Toniatti has supported the DOJ’s testifying expert regarding the proposed Anthem/Cigna merger, and the FTC’s testifying experts regarding the proposed Penn State Hershey Medical Center/PinnacleHealth merger and Sanford Health’s proposed acquisition of the Mid Dakota Clinic. He has also supported experts in class certification, liability, and damages matters involving commercial air travel, medical devices, consumer products, and automobiles. Dr. Toniatti has taught an undergraduate course on competition and antitrust issues at Dartmouth College. His research has appeared in The Quarterly Journal of Economics, the Antitrust Law Journal, the Journal of Competition Law & Economics, the Minnesota Journal of International Law, and the American Bar Association’s The Antitrust Source.
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Risk and Repeat: How the Venture Capital Ecosystem Drives Entrepreneurship and Innovation
Oxford Business Law Blog, January 12, 2022
2022Reilly D, Sokol D, Toniatti D
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Economic Experts in Criminal Antitrust Price Fixing Litigation: Discovery and Scope
Antitrust Report, October 2022
2022 -
What Can COVID Tell Us About Market Definition in Air Travel?
Antitrust Report, October 2022
2022Calzaretta, Jr. R, Toniatti D, Ziadi A
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The Importance of Exit via Acquisition to Venture Capital, Entrepreneurship, and Innovation
SSRN, December 14, 2021
2021Reilly D, Sokol D, Toniatti D
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No Exit: A Threat to Venture Capital, Entrepreneurship, and Innovation
Competition Policy International, December 16, 2021
2021Reilly D, Sokol D, Toniatti D
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Why Exit via Acquisition Is Essential to Entrepreneurial Investment
Columbia Law School Blue Sky Blog, December 22, 2021
2021Reilly D, Sokol D, Toniatti D
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Up or Down? The Price Effects of Mergers of Intermediaries
Antitrust Law Journal 82 (2019) 643–677
2019 -
A Primer on Bargaining: How Mergers May Affect Negotiated Prices
The Antitrust Source, April 2018
2018 -
Political Advertising and Election Results
The Quarterly Journal of Economics, Volume 133, Issue 4, November 1, 2018
2018Spenkuch JL, Toniatti D
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Comment on ‘The Flaws in Using the Hypothetical Monopolist Test from the ‘Payor Perspective’ in Health Care Merger Cases,’ by Field, Fisher, and Coglianese
The Antitrust Source, December 2017
2017 -
Antitrust Enforcement in Two-Sided Markets
ABA Economics Committee Newsletter, Winter 2016
2016Caminade J, Kirk Fair R, Mantovanelli F, Toniatti D
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The Economics of Pass-Through With Production Constraints
Journal of Competition Law & Economics, 12(2), 279–285
2016 -
A Modified Approach to Random Selection of Bellwether Cases
Bloomberg BNA's Product Safety & Liability Reporter, July 6, 2015
2015Holian M, Rothman D, Toniatti D
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August 14, 2023
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November 10, 2022
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November 8, 2022
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March 22, 2022
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January 13, 2022