The American Antitrust Institute (AAI) is pleased to announce that it will present Nancy L. Rose with the 2025 Alfred E. Kahn Award for Antitrust Achievement for her significant contributions to antitrust policy and enforcement. Rose will receive the award on May 29, 2025 at AAI’s 26th Annual Policy Conference, “The State of the Antitrust Technocracy,” at the National Press Club in Washington, D.C.
“We are delighted to present this special award to Professor Rose,” said AAI President Randy Stutz. “She has been an unstoppable force for sound antitrust policy, and her decades of thought leadership have inspired creative, rigorous, and envelope-pushing enforcement, whether she was operating from within the federal government or without.”
Nancy L. Rose is the Charles P. Kindleberger Professor of Applied Economics in the Massachusetts Institute of Technology Economics Department (MIT), and Visiting Scholar at the Harvard Kennedy School Mossavar-Rahmani Center for Business and Government. She served as Economics Department Head at MIT from 2017-2020, Deputy Assistant Attorney General for Economic Analysis in the Antitrust Division of the U.S. Department of Justice from 2014-2016, and director of the National Bureau of Economic Research (NBER) research program in Industrial Organization from its creation in 1991 until her appointment to the Department of Justice.
Professor Rose’s research and teaching focus on industrial organization, competition policy, and the economics of regulation. Her published work includes analyses of antitrust law and economics, economic regulation, and firm behavior in a variety of transportation and energy markets, as well as of labor rent-sharing and determinants of executive pay. She is a passionate advocate for effective competition enforcement, and has advised enforcers around the world on the economic and legal foundations for theories of upstream harm in mergers, including to labor market competition, and on the scope and deference due to efficiencies in merger investigations. Her publication with Scott Hemphill on “Mergers that Harm Sellers” was recognized by the AAI and Concurrence Antitrust Writing Award, and her work with Jonathan Sallet on merger efficiencies received the Jerry S. Cohen Award for Antitrust Scholarship in 2021.
Professor Rose received her Ph.D. in Economics from MIT and an A.B. in Economics and Government from Harvard University. She is a fellow of the American Academy of Arts and Sciences, Distinguished Fellow of the Industrial Organization Society, and Research Associate in the NBER. Her accomplishments have been recognized by numerous other fellowships and awards, including the American Economic Association’s 2020 Carolyn Shaw Bell Award, given to an individual who has furthered the status of women in the economics profession through example, achievements, or mentoring. She presently serves as President of the Western Economics Association International, and has previously served as President of the Industrial Organization Society, Vice President and Executive Committee member of the American Economic Association, and in various editorial positions. She is a member of advisory boards for the American Antitrust Institute and the CEPR’s Research and Policy Network for Competition Policy.
“Nancy’s exceptional scholarship and longstanding leadership in the field make her a truly deserving recipient of AAI’s Kahn Award for Antitrust Achievement,” said Pamela Gilbert, Chair of AAI’s Board of Directors.
The AAI Alfred E. Kahn Award for Antitrust Achievement, first presented in 2000, honors individuals who have made outstanding contributions to the field of antitrust. Professor Rose joins the following past honorees: Joel Klein, Robert Pitofsky, F.M. Scherer, Alfred E. Kahn, Lloyd Constantine, Thomas B. Leary, Senators Herb Kohl and Mike DeWine, Maxwell Blecher, John Shenefield, Eleanor M. Fox, Steven Salop, Mario Monti, Roger G. Noll, Kathleen Foote, John M. Connor, Donald I. Baker, Jonathan W. Cuneo, William J. Baer, Senator Amy Klobuchar, Stephen Calkins, Albert A. Foer, Robert Skitol, Senator Richard Blumenthal, Colorado Attorney General Philip Weiser, and Peter C. Carstensen.
