Tevra Brands LLC v. Bayer Healthcare LLC

Featured Experts

Featured Experts

Celeste C. Saravia

Vice President,
Cornerstone Research;
Lecturer,
University of California, Berkeley

Celeste Saravia coheads Cornerstone Research’s antitrust and competition practice. Dr. Saravia provides economic and statistical consulting, analysis, and expert testimony in complex business litigation. She addresses class certification, liability, and damages issues in antitrust litigation matters involving allegations of collusion, vertical restraints, and other allegedly anticompetitive behavior, as well as assessing the competitive effects of mergers.

Dr. Saravia works on matters in many industries, including life sciences (pharmaceuticals and medical devices), finance, information technology, energy, telecommunications, and media. Who’s Who Legal has recognized her multiple times as a Global Leader among competition economists. Dr. Saravia teaches economics courses at the University of California, Berkeley.

Antitrust and competition

Dr. Saravia has served as an expert in more than a dozen cases dealing with a variety of antitrust issues, including no-poach agreements, non-compete agreements, price fixing, monopolization, bundling, exclusive dealing, predatory pricing, price discrimination, and product hopping. These cases include Inline Packaging LLC v. Graphic Packaging International Inc. and Fresenius Kabi USA LLC v. Par Sterile Products LLC et al. Dr. Saravia offered trial testimony in In re HIV Antitrust Litigation, a case involving an allegedly anticompetitive reverse payment in a pharmaceutical patent settlement; and in J & M Distributing Inc. v. Hearth & Home Technologies Inc. et al., an alleged monopolization case.

Dr. Saravia has provided government agencies and parties support in all phases of merger review. She has analyzed competitive effects in prominent proposed mergers, such as Sysco/US Foods and Thoratec/Heartware. The Department of Justice (DOJ) retained Dr. Saravia to assess the competitive effects of the proposed merger between China International Marine Containers Group and Maersk Container Industry.

As a consultant, Dr. Saravia leads teams working on high-profile matters, including FTC v. Qualcomm, In re Flash Memory Antitrust Litigation, American Express Travel Related Services Company Inc. v. Visa USA Inc. et al., and Thales Avionics Inc. v. Matsushita Avionics Systems Corporation.

Energy and commodities

Dr. Saravia has developed analytical and statistical models to examine the competitiveness of deregulated electricity markets and modeled the competitive effects of a proposed merger of two electricity firms. In a matter related to an alleged monopsony by the largest purchaser of a natural resource, she provided a preliminary injunction analysis and addressed class certification, liability, and damages issues.

Intellectual property

Dr. Saravia has addressed general damages and intellectual property issues in a variety of matters. In Verizon Services Corp. et al. v. Cox Fibernet Virginia Inc. et al., she analyzed reasonable royalty rates, lost profits, and price erosion due to patent infringement. She also addressed reasonable royalty rates due to patent infringement in Brandeis University and GFA Brands Inc. v. Keebler Co. et al. Dr. Saravia analyzed class certification, liability, and damages related to a breach of contract dispute in the hospitality industry.

Dr. Saravia speaks and publishes frequently on competition issues. She won a Concurrences Antitrust Writing Award for her coauthored article, “Analyzing Incentives and Liability in ‘Hub-and-Spoke’ Conspiracies.” She has published research in Global Competition Review, including “Horizontal Merger Guidelines and Market Definition in Monopolization Cases” and “Standards for Assessing Bundled Discounts.”

Before joining Cornerstone Research, Dr. Saravia worked at the University of California Energy Institute.

Featured Experts

Gal Zauberman

Joseph F. Cullman 3rd Professor of Marketing,
Yale School of Management,
Yale University

Gal Zauberman is an expert in consumer behavior, and judgment and decision making. He has researched the factors that affect individuals’ evaluations, preferences, and choices; the role of time in decisions; consumer financial decision making; and evaluations of experiences.

Professor Zauberman has provided expert witness testimony in many cases, including at the class certification stage of multiple consumer class actions. He has addressed allegations of false advertising, product misrepresentation, and misleading retail pricing practices, and evaluated a range of issues in the consumer goods, professional services, and retail industries. Professor Zauberman has substantial experience with designing and conducting consumer surveys and controlled experiments, both as part of his expert witness work and his academic research.

He has coauthored peer-reviewed articles and book chapters, and his research has been published in leading marketing and psychology journals such as the Journal of Marketing Research, the Journal of Consumer Research, Marketing Science, Psychological Science, the Journal of Experimental Psychology: General, and the Journal of Neuroscience, Psychology, and Economics. His work has received international coverage from the New York Times and Scientific American, among other media outlets.

The Journal of Marketing Research has honored Professor Zauberman with both the William F. O’Dell and the Paul E. Green best paper awards for significant contributions to marketing research, methodology, and/or practice. Professor Zauberman also received the 2007 Early Career Award for Distinguished Contributions to Consumer Psychology from the American Psychological Association.

For over two decades, Professor Zauberman has taught undergraduate, graduate, and executive education courses on consumer behavior, financial decision making, marketing management, and marketing research methods. Prior to joining the Yale School of Management, he served on the faculty of the Wharton School at the University of Pennsylvania.

Featured Experts

William P. Rogerson

Charles E. and Emma H. Morrison Professor of Economics,
Northwestern University

William Rogerson is an industrial organization expert who addresses issues related to antitrust, telecommunications regulation, defense procurement, and the economics of mergers and acquisitions. In his research, Professor Rogerson has analyzed a range of topics related to antitrust enforcement and regulation, notably the role of digital platforms, the competitive effects of vertical mergers, and economic theories of harm arising in telecommunications mergers.

Professor Rogerson served as the chief economist at the Federal Communications Commission (FCC). He has consulted for the Federal Trade Commission, the Office of the Secretary of Defense, and the RAND Corporation, among others. He has testified in high-profile litigation and regulatory proceedings, including before the FCC, the Department of Justice, the European Commission, and the Canadian Competition Bureau.

Professor Rogerson has contributed chapters to several books and published articles in leading academic journals. He was co-editor of Economic Inquiry, and served on the editorial boards of the Review of Accounting Studies, the Journal of Industrial Economics, and Defense and Peace Economics. Who’s Who Legal has recognized him as a Thought Leader–Competition, and the Industrial Organization Society has honored him with its Distinguished Service Award. Global Competition Review recognized Professor Rogerson to its inaugural list of the world’s most important antitrust academics.

At Northwestern, Professor Rogerson directs the Harvey Kapnick Center for Business Institutions. He also serves as research director of the Program on Antitrust Economics and Competition Policy in the Pritzker School of Law’s Center on Law, Business and Economics. He has been a visiting fellow at the University of Chicago, and began his research and teaching career at Stanford University.

Featured Experts

Amy P. Hutton

Professor of Business Administration,
Carroll School of Management,
Boston College

Amy Hutton is an expert in securities, financial statement analysis, corporate governance, and business valuation. Her research focuses on corporate disclosure, capital market accounting, and the role of financial intermediaries in capital markets.

Professor Hutton testifies and consults on class certification, price impact, damages, and financial accounting issues in a variety of litigation and regulatory investigation matters. She has assessed questions of valuation, solvency, and factors contributing to financial distress in the context of corporate bankruptcy.

As a result of her research, Professor Hutton was named to the Congressional Review Board, opining on the Security Industry Association’s “best practices for equity research.” She won the American Accounting Association’s inaugural Distinguished Contribution to Accounting Literature Award for her co-authored article “Causes and Consequences of Earnings Management: An Analysis of Firms Subject to Enforcement Actions by the SEC.”

Professor Hutton was an editor for the Accounting Review and continues to serve as a referee for several leading peer-reviewed accounting and finance journals. She has held faculty appointments at Dartmouth’s Tuck School of Business and Harvard Business School.

About Us

For thirty-five years, Cornerstone Research staff have provided economic and financial analysis in all phases of commercial litigation and regulatory proceedings.

Diversity, Equity, and Inclusion

The varied backgrounds, experiences, and perspectives of our people strengthen our firm and enrich the support we provide to our clients and experts.

Pro Bono

Cornerstone Research is committed to making a positive impact in the communities where we live and work.

Insights

10 October 2024

Washington DC Women’s Forum 2024: How Women Rise

Renowned leadership expert and author Sally Helgesen will present at this networking event for professionals in the legal community.

24 September 2024

Securities Enforcement Forum Central 2024

Jerry Lin will discuss digital assets and cryptocurrency at this annual conference hosted by the Securities Docket.

9 September 2024

12th Bill Kovacic Antitrust Salon

Kavan Kucko will speak on a panel titled, “Criminal & Civil Antitrust Issues: No Poach, Non-compete, Sections 1 & 2” at this annual thought leaders...

27 August 2024

Pro Bono: Latinos in the United States: Overcoming Legal Obstacles, Engaging in Civic Life

Sponsored by one of the firm’s affinity groups, Cornerstone Research contributed to the economic analyses in the ABA’s report.

22 August 2024

Six Flags/Cedar Fair

The parties successfully completed this $8 billion merger.

22 August 2024

Strengthening U.S.-Asia Tech Supply Chain Resilience

Kirti Gupta of Cornerstone Research will speak at this event that examines the fragility and future of global supply chains.

22 August 2024

Tevra Brands LLC v. Bayer Healthcare LLC

A jury awarded the defendant a complete victory at trial in this antitrust litigation involving allegations of anticompetitive exclusive dealing in...

19 August 2024

Privacy-Enhancing Technologies in Adtech and Consumers’ Perceived Privacy Violations

This article discusses how consumers’ perceived privacy violations are affected less by technical details of whether the data is shared and more by...

16 August 2024

Health Insurance Antitrust Matter

This matter considered competition in the healthcare industry and the legality of certain contracting practices.

15 August 2024

Cornerstone Research Welcomes Experienced Consultants in Competition Policy, Antitrust and Merger Review to London Team

Elisa Mariscal and Tuba Toru Delibasi further expand the firm’s antitrust and competition capabilities in the UK and EU.

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