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Walter Vandaele

Managing Director

Dr. Walter Vandaele is a managing director at BRG with expertise in antitrust economics, industrial organization, and econometric and statistical analyses.

He focuses his practice on competition and commercial damages valuation issues arising in antitrust, patent infringement, breach of contract, and other types of commercial disputes. He has submitted oral and written testimony in numerous federal and state courts, in mediation and arbitration matters, and in regulatory proceedings in the United States and abroad. He has consulted and testified most extensively on engagements involving the pharmaceutical and biotechnology industries but also has experience in numerous other industries, including telecommunications, computer software, uranium mining and enrichment, and plastics additives.

In his antitrust engagements, Dr. Vandaele has analyzed such issues as price bundling, loyalty rebates, exclusive dealing, prospective merger impacts, and average wholesale price drug reimbursement. In patent litigation, he has analyzed patent infringement damages, patent-related sources of a drug’s “commercial success,” and economic factors associated with preliminary injunctions.

More generally, Dr. Vandaele’s consulting engagements have ranged from analyzing lost-profit and lost-value damages associated with contract and shareholder litigation to evaluating the “adequacy” of competition in regulatory proceedings for registering new importers of narcotic raw materials. Over the past several years, he has also provided expert economic consulting in the area of multilevel marketing (MLM) that has involved disputes with the Federal Trade Commission (FTC).

Prior to establishing his practice in litigation consulting, Dr. Vandaele served at the FTC, as economic advisor at the Bureau of Competition, and as assistant director for regulatory evaluation at the Bureau of Consumer Protection. His previous academic affiliations include Harvard Business School, the departments of economics at Harvard University, Massachusetts Institute of Technology, Georgetown University, and Virginia Polytechnic Institute, and the University of Chicago.

Employment History

Ankura Consulting
Senior Managing Director, 2018-2022

Navigant Economics
Managing Director, 2010-2018

Managing Director, 2000-2010

Hagler Bailly
Senior Vice President, 1998-2000

Putnam, Hayes & Bartlett
Managing Director, 1988-1999

Federal Trade Commission
Economic Advisor to the Director, 1981-1986

Areas of Expertise


University of Chicago
PhD, 1975
MBA, 1973

University of Tilburg, The Netherlands
Doctorandus in Economics, 1969

University of Antwerp, Belgium
Licenciaat, 1966


Belgian Kingdom

  • Royal appointment as Advisor in Economics Diplomacy, Embassy of Belgium, Washington, DC (2013)
  • Officer in the Order of Leopold II (April 2011)
  • Cross of Chevalier in the Legion of the Crown (April 1982)