Nathan Miller is an antitrust expert who consults on high-stakes merger investigations. His research covers industrial organization, finance, and regulation, with a focus on merger investigations, cartels, tacit coordination, and price discrimination. Professor Miller teaches courses to graduate students on strategic pricing, microeconomics, and firm analysis and strategy. Who’s Who Legal has recognized him as a “definite future leader” in the competition field.
On behalf of the merging parties, Professor Miller analyzed the competitive effects, including upstream and downstream aspects, in the proposed $67 billion acquisition of Express Scripts by Cigna. He has also been retained as an expert witness in merger investigations brought by U.S. and international agencies. Professor Miller’s testimony on behalf of U.S. agencies includes retentions by the Federal Trade Commission to analyze US Foods Inc.’s proposed $1.8 billion acquisition of Services Group of America Inc., as well as Edgewell Personal Care Company’s proposed $1.37 billion acquisition of its competitor, Harry’s Inc.
As a former staff economist for the Antitrust Division of the Department of Justice, Professor Miller assessed an array of complex mergers, notably Bazaarvoice/PowerReviews, AT&T/T-Mobile, and Ticketmaster/Live Nation. For analysis related to the AT&T/T-Mobile merger, he received the Antitrust Division’s Assistant Attorney General (AAG) Award.
Professor Miller’s research has appeared in journals such as the American Economic Review, Econometrica, the RAND Journal of Economics, the Journal of Finance, and the Journal of Financial Economics. His 2015 paper on coordinated effects won the Industrial Organization Society’s Robert F. Lanzillotti Prize for the best paper in antitrust economics.
Georgetown University has designated Professor Miller a Provost’s Distinguished Associate Professor based on excellence in research, teaching, and service.
Cornerstone Research Staff and Affiliated Experts Submit Comments to the Joint FTC-DOJ Inquiry on Merger Enforcement
Cornerstone Research Named among Top Global Antitrust Economic Consultancies in 2022
Who’s Who Legal: Competition Future Leaders—Economists 2021
Who’s Who Legal: Competition 2021—Economists
Winners Announced for 2021 Antitrust Writing Awards
2021 Antitrust Writing Awards
Tronox Holdings plc.’s Proposed Acquisition of TiZir Titanium and Iron
MergerFest 2020: Alternative Counterfactuals in Merger Enforcement: Key Takeaways