Biography
Publications

Academic Affiliation
University of Maryland, Baltimore County

Biography
Dr. Brennan is a Professor of Public Policy and Economics at the University of Maryland, Baltimore County (UMBC) and a Senior Fellow at Resources for the Future. His expertise covers topics in both antitrust and utility regulation. His antitrust research has focused primarily on exclusionary practices and vertical restraints, and he has assessed per se rules, boycotts, innovation, and their application in regulated sectors and software.

His utility work has focused on the telecommunications and electricity sectors, including price-caps, interconnection rules, cross-subsidization, deregulation criteria, and discrimination. His electricity-related research has looked at energy efficiency, capacity markets, real-time metering, market power assessment, vertical restructuring, transmission adequacy, and stranded costs. He has also researched topics in network effects, environmental regulation, copyright, and broadcasting policy.

Dr. Brennan has been an economist in the Antitrust Division of the U.S. Department of Justice and a staff consultant in the Federal Trade Commission’s Bureau of Economics. He was previously the senior economist on the staff of the Council of Economic Advisers from 1996-1997, and held the T.D. McDonald Chair in Industrial Economics at the Canadian Competition Bureau in 2006. He has advised competition and regulatory authorities in Australia, Mexico, New Zealand, Sweden, the UK, and Uzbekistan.

Article
The Challenges of Climate Policy
September 2010
Published in Australian Economic Review
Article
Decoupling in Electric Utilities
August 2010
Published in Journal of Regulatory Economics
Article
Optimal Energy Efficiency Policies and Regulatory Demand-Side Management Tests: How Well Do They Match?
2010
Published in Energy Policy
Article
Network Effects in Infrastructure Regulation: Principles and Paradoxes
2009
Published in Review of Network Economics
Article
RPM as Exclusion: Did the U.S. Supreme Court Stumble Upon the Missing Theory of Harm?
December 2008
Published in Antitrust Bulletin
Article
Applying ‘Merger Guidelines’ Market Definition to (De)Regulatory Policy: Pros and Cons
July 2008
Published in Telecommunications Policy
Article
Bundled Rebates as Exclusion Rather Than Predation
June 2008
Published in Journal of Competition Law and Economics
Report
Generating the Benefits of Competition: Challenges and Opportunities in Opening Electricity Markets
April 2008
Published by C. D. Howe Institute
Article
Skating Toward Deregulation: Canadian Developments
2008
Published in Federal Communications Law Journal
Article
Should Innovation Rationalize Supra-Competitive Prices? A Skeptical Speculation
2007
In The Pros and Cons of High Prices, edited by Fredenberg, and published by Swedish Competition Authority
Article
Saving Section 2: Reframing U.S. Monopolization Law
2006
In The Political Economy of Antitrust, edited by Vivek Ghosa and Johan Stennek, and published by Emerald Group Publishing Limited
Article
Preventing Monopoly or Discouraging Competition? The Perils of Price-Cost Tests for Market Power in Electricity
2006
In Electric Choices: Deregulation and the Future of Electric Power, edited by Andrew N. Kleit, and published by Rowman & Littlefield Publishers
Article
Fair Use as Policy Instrument
2005
In Developments in the Economics of Copyright: Research and Analysis, edited by Lisa N. Takeyama, Wendy J. Gordon, and Ruth Towse
Article
Trinko v. Baxter: The Demise of U.S. v. AT&T
2005
Published in Antitrust Bulletin
Article
Market Failures in Real-Time Metering
September 2004
Published in Journal of Regulatory Economics
Article
Do Easy Cases Make Bad Law? Antitrust Innovation or Missed Opportunities in U.S. v. Microsoft
2001
Published in George Washington Law Review
Book
Alternating Currents: Electricity Markets and Public Policy
1998
Timothy J. Brennan, Karen Palmer, and Salvador Martinez
Published by RFF Press