David Kaplan, Executive Director & Vice Chairman
Berkeley Research Group, LLC
David Kaplan is an executive director, vice chairman, and member of the Board of Managers at Berkeley Research Group. He specializes in antitrust economics (including matters related to claimed price fixing and monopolization by way of example), damage assessment in antitrust matters and in intellectual property matters (including those involving patents and trade secrets, among others), and the analysis of damage issues related to general commercial litigation (including issues related to valuation). He is experienced in analyzing economic issues in matters involving possible class certification, having submitted expert reports in over twenty such matters (including over fifteen related to antitrust issues). Mr. Kaplan has testified as an economic expert in federal and state courts (including more than five hearings related to possible class certification), before arbitration panels, and before regulatory agencies. He also has testified before Congress on antitrust and competitive policy issues.
Mr. Kaplan has served as a consultant to the Federal Trade Commission’s Bureau of Economics, Department of Justice, and Senate Judiciary Committee. He has published in the field of economics (including a book related to antitrust economics), taught business statistics in the MBA program at Johns Hopkins University for more than ten years (including the study of econometrics), and served as a lecturer in economics at George Mason University for ten years (primarily teaching microeconomics, including the study of market competition). He has lectured at Columbia University, George Washington University, and the University of Utah. Mr. Kaplan has submitted presentations concerning various economic issues before the American Bar Association, District of Columbia Bar, Conference Board, and Brookings Institution. He received an MA in economics from the George Washington University (in addition to a BA in economics) and a JD from the George Washington University National Law Center.
Rainer Schwabe, Principal
Rainer Schwabe consults on a variety of antitrust and competition cases, including matters related to allegations of price fixing, exclusionary practices, and mergers and acquisitions. He has analyzed alleged anticompetitive conduct in a number of industries, including finance, food and agriculture, healthcare, telecommunications, and transportation. Dr. Schwabe has managed large teams and supported experts and clients through all stages of litigation, including data production.
Dr. Schwabe has particular expertise with antitrust issues in financial markets, both in the context of class certification and liability and damages. He has analyzed alleged anticompetitive manipulation of asset prices, closing and benchmark prices, and bid-ask spreads in both over-the-counter and exchange settings. He has assisted major financial institutions in extracting, analyzing, and producing large transaction-level datasets.
Dr. Schwabe also has experience with matters at the intersection of antitrust and intellectual property. He has assisted experts in assessing the effect of proposed mergers on innovation, and in evaluating the competitive effects of licensing practices for standard essential patents.
Dr. Schwabe has published his research in leading academic journals, including the American Economic Review. His article, “Competition and Financial Inclusion: Evidence from Mexico,” published in 2019, was named Best Paper by a Junior Author for 2020 in the Review of Industrial Organization. Prior to joining Cornerstone Research, he served at the Mexican Central Bank, where he analyzed competition in retail financial services and financial regulation.