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.
- Centene/Magellan Merger Review in California
- Federal Trade Commission, et al. v. Penn State Hershey Medical Center, et al.
- Federal Trade Commission, et al. v. Sanford Health, et al.
- Federal Trade Commission, et al. v. The Kroger Company, et al.
- In re: Optical Disk Drive Products Antitrust Litigation
- Intercontinental Exchange Acquisition of Black Knight
- Northside Hospital Acquisition of Gwinnett Health System
- University Hospitals/Lake Health Merger
-
Webinar Recap: Designing Effective AI Compliance Programs
ABA Antitrust Law Section, May 1, 2024
2024Feyler E, Chirinos Terrones P, Toniatti D, Scoville G
Antitrust & Competition, Technology -
Navigating Economic Expert Work in Criminal Antitrust Litigation
CPI Antitrust Chronicle, 2024
2024Wewel S, Weglein S, Toniatti D, Lehmann J-Y
Antitrust & Competition -
The FTC’s Non-Compete Ban: What Lies Ahead?
ABA Antitrust Law Section, 2024
2024Toniatti D, Althans O, Scoville G
Antitrust & Competition, Labor & Employment -
Interlocking Directorates in the Crosshairs of Regulation
ABA Antitrust Law Section, 2024
2024Toniatti D, Chen L
Antitrust & Competition -
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
Antitrust & Competition, Securities, Financial Products & Institutions -
Economic Experts in Criminal Antitrust Price Fixing Litigation: Discovery and Scope
Antitrust Report, October 2022
2022Wewel S, Weglein S, Toniatti D, Smith D, Feige C
Antitrust & Competition -
What Can COVID Tell Us About Market Definition in Air Travel?
Antitrust Report, October 2022
2022Calzaretta, Jr. R, Toniatti D, Ziadi A
Antitrust & Competition -
-
No Exit: A Threat to Venture Capital, Entrepreneurship, and Innovation
Competition Policy International, December 16, 2021
2021Reilly D, Sokol D, Toniatti D
Antitrust & Competition, Securities, Financial Products & Institutions -
Why Exit via Acquisition Is Essential to Entrepreneurial Investment
Columbia Law School Blue Sky Blog, December 22, 2021
2021Reilly D, Sokol D, Toniatti D
Antitrust & Competition, Securities, Financial Products & Institutions -
Up or Down? The Price Effects of Mergers of Intermediaries
Antitrust Law Journal 82 (2019) 643–677
2019Dranove D, Rothman D, Toniatti D
Antitrust & Competition, Government & Corporate Investigations, Health Care -
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
Media, Entertainment & Communications, Strategy, Policy & Analytics, Surveys & Experimental Studies -
-
Antitrust Enforcement in Two-Sided Markets
ABA Economics Committee Newsletter, Winter 2016
2016Caminade J, Kirk Fair R, Mantovanelli F, Toniatti D
Antitrust & Competition -
The Economics of Pass-Through With Production Constraints
Journal of Competition Law & Economics, 12(2), 279–285
2016Rothman D, Tillmann P, Toniatti D
Antitrust & Competition -
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
Commercial Disputes
-
May 7, 2024
Managing Principal Jee-Yeon Lehmann to Join ABA Webinar on FTC’s Non-Compete Ban
Event: The FTC’s Non-Compete Ban: What Lies Ahead?
Host: American Bar Association (ABA) Antitrust Law Section, Joint Conduct Committee, and Distribution and Franchising Committee
-
January 14, 2025
-
December 16, 2024
-
November 5, 2024
-
August 27, 2024
-
May 16, 2024
-
May 14, 2024
-
November 10, 2022
-
November 8, 2022
-
March 22, 2022
-
January 13, 2022