Associates and Consultants (Antitrust & Competition)

Keystone is a premier economics, technology, and strategy consulting firm built to help companies lead through transformation. As breakthrough innovations reshape industries,
redefine competition and change our society, complex and highly competitive ecosystems emerge. Keystone advises technology leaders, Fortune 100 companies, their legal counsel, and
governments on business, economic, litigation, and regulatory strategy in relation to these innovations and competitive eco-systems. We operate globally from offices in New York, Boston, San Francisco, Seattle, London, Dubai, and Washington, D.C.

About The Role

As an Associate or Consultant at Keystone, you work across economics, strategy, and technology engagements. You own core analytical workstreams, adapt quickly across problem types, and synthesize insights that support high-stakes decisions.

With a background in Antitrust and Competition, you focus on economic theory, econometrics, and competition analysis in regulatory and litigation matters. This work directly supports expert opinions and case outcomes.

While your background may lean towards Antitrust & Competition, Keystone teams are interdisciplinary, and you will work across a wide range of problems and practice areas. During the interview process, we assess your ability to apply your core skillset to unfamiliar questions and operate effectively outside your primary area of focus.

Final leveling is determined by education, prior experience, and interview performance. Please note, this job is for candidates who have already graduated.

Key Responsibilities

Data Analysis

• Own econometric and quantitative analysis workstreams, from problem formulation through execution and interpretation.

• Implement reduced-form and structural econometric models (e.g., OLS, DiD, IV, panel data methods) using Stata, Python, or R.

• Analyze large-scale transactional, pricing, or market-structure data to assess competitive effects and damages.

• Evaluate robustness of results, test alternative specifications, and identify limitations or risks.

Research

• Conduct in-depth economic and competition research to inform analytical design and case strategy.

• Review academic economics literature, prior cases, regulatory guidance, and expert reports.

• Apply economic theory to real-world market facts, translating theory into testable empirical frameworks.

• Support development of theories of harm and economic narratives grounded in evidence.

Report Writing

• Draft technically precise explanations of economic methods and results for expert reports and memoranda.

• Translate complex econometric findings into clear, persuasive written narratives for legal and regulatory audiences.

• Develop exhibits that clearly communicate economic intuition and empirical results.

• Ensure analytical work is well-documented, reproducible, and defensible.

What You’ll Bring

Education & Experience

• Bachelor’s degree in Economics, Econometrics, Financial Economics, or Mathematical Economics from a top university (target GPA 3.6+).

• Master’s degree in Economics from a top university a plus.

• Prior experience in economic or strategy consulting, research assistance, or policy analysis.

• Exposure to antitrust, merger analysis, competition.

Economic & Quantitative Skills

• Strong grounding in microeconomic theory and econometrics.

• Experience applying empirical methods (e.g., OLS, DiD, IV, panel data) using Stata, Python, or R.

• Comfort working with large datasets and translating theory into testable empirical frameworks.

• High attention to methodological rigor and analytical detail.

Communication & Mindset

• Ability to clearly explain economic intuition, methods, and results in writing.

• Strong analytical judgment in ambiguous, high-stakes contexts.

• Coachable, intellectually curious, and motivated to develop as an economic consultant.

• Clear interest in antitrust, competition, regulation, or economic consulting.

In addition to annual salary, we provide an annual discretionary bonus, 401k contribution, and competitive benefits package. Actual Compensation within the range will depend upon the level the individual is hired into based on their skills, experience, and qualifications.

Annual Salary Range
$110,000—$176,000 USD

At Keystone we believe diversity matters. At every level of our firm, we seek to advance and promote diversity, foster an inclusive culture, and ensure our colleagues have a deep sense of respect and belonging. If you are interested in growing your career with colleagues from varied backgrounds and cultures, consider Keystone.