Raphaël De Coninck
Office:
143 Avenue Louise
1050
City:
Brussels
Country:
Belgium
Tel:
+32 2 627 1401

Questions and Answers:

Who's Who Legal Thought Leaders - Competition: Economists

Raphaël De Coninck heads CRA’s Brussels office, which he joined from the European Commission’s DG Competition in 2011. His expertise covers antitrust and competition economics, mergers, intellectual property, damages quantification and econometrics. Raphaël has provided expert economic evidence and testimony in high-profile cases in front of the European Commission, national courts and authorities and in arbitration, including over 60 mergers and 20 Phase II merger investigations, and numerous abuse of dominance and cartel cases.

WHAT ATTRACTED YOU TO A CAREER IN THE AREA OF COMPETITION?

I was attracted to competition because it is a field where economics and empirical evidence have a very tangible impact. It also provides unparalleled access and insights on the working of so many varied industries (in my case from airlines to financial instruments, passing by IT, pharma, chemicals, music and consumer goods) – so one always keeps learning.  

SINCE YOU BEGAN WORKING IN THE FIELD, HOW WOULD YOU SAY THE ROLE OF THE COMPETITION ECONOMIST HAS DEVELOPED?

Beyond standard data analysis, economists now contribute more and more to the big picture of cases since theories of harm are so firmly grounded in economics. Agencies are now better equipped to handle complex economic evidence, and competition economists play a more central role in investigations (big or small).

HOW DOES CHARLES RIVER ASSOCIATES STAND OUT FROM ITS COMPETITORS IN THE MARKET?

In my view CRA stands out as being absolutely rigorous and uncompromising on the quality of economic analysis, while staying pragmatic and grounded in market reality. This makes CRA highly respected not only by clients but also by the agencies.

HOW HAS YOUR EXPERIENCE WORKING IN THE DIRECTORATE-GENERAL FOR COMPETITION’S CHIEF ECONOMIST TEAM AT THE EUROPEAN COMMISSION HELPED YOU IN YOUR CURRENT PRACTICE?

It is a great asset to know the perspective of your interlocutor. My previous work at the CET allows me to anticipate and advise clients on the best course of action, assess risk and seek to develop the evidence that will be most effective with the Commission.

AS HEAD OF THE BRUSSELS OFFICE, WHAT ARE YOUR PRIORITIES REGARDING ITS DEVELOPMENT OVER THE NEXT FEW YEARS?

Our Brussels office has grown substantially since I joined CRA. We have moved to a larger office space two years ago, and we are actively hiring as we continue to expand at a strong pace and keep developing great talent among our junior staff.

WHAT QUALITIES MAKE A SUCCESSFUL TESTIFYING COMPETITION EXPERT?

Don’t hide behind technicalities and theoretical models, be uncompromising with the facts; speak in plain English (or French).

WHAT IS THE MOST MEMORABLE MATTER YOU HAVE WORKED ON?

There are so many… One to mention is TomTom/TeleAtlas back in 2008, which I worked on while at the Commission. This was a test case for the approach to vertical mergers, and a close call – if we hadn’t gotten it right, this would likely have had strong adverse consequences for many years. It is also the only merger case so far where the Commission recognised efficiencies linked to innovation (a question that is still getting a lot of attention these days).

LOOKING BACK ON YOUR CAREER, WHAT PIECE OF ADVICE WOULD YOU GIVE TO YOUR YOUNGER SELF?

Don’t forget to stay in shape – it does not become any easier with age.

Biographies:

Who's Who Legal Competition: Economists

Dr Raphaël De Coninck is a vice president at Charles River Associates (CRA), where he heads the Brussels office. Raphaël has provided expert economic evidence and testimony in numerous high-profile cases covering antitrust and competition matters (including over 60 mergers and 20 Phase II merger investigations, abuses of dominance and cartels), intellectual property and damages quantification. He has advised clients in litigation and regulatory proceedings in front of the European Commission and of national courts and authorities, primarily in Belgium, France, the Netherlands, the United Kingdom, Spain and Switzerland.

Raphaël’s experience spans a wide range of products and industries, including pharmaceuticals, IT, consumer products and retail, transport, telecoms, energy, basic industries, financial services, media and entertainment. While at CRA, he has worked for clients such as Universal, Google, Dolby, Pfizer, Novartis, Mylan, Abbott, GE, Virgin Atlantic, Danone, Henkel, L’Oréal, ABF, Ahold Delhaize, FIFA, Cable Europe, Canal+, SFR, Deutsche Bank, JP Morgan and the European Commission.

Prior to joining CRA, Raphaël was a member of DG Competition’s chief economist team at the European Commission. He has published numerous articles and contributed to major competition policy initiatives, including the European Commission’s Practical Guide on the Quantification of Antitrust Damages.

Raphaël received a PhD in economics from the University of Chicago, and degrees in law and in economics from the University of Liège, Belgium. He previously lectured on law and economics at the University of Chicago, held an academic position at New York University School of Law, and is currently teaching competition policy at the Université libre de Bruxelles and at the Brussels School of Competition.

WWL says: Raphaël De Coninck is a distinguished economist, boasting extensive experience providing expert testimony in a variety of high-profile cases in the competition space.

This biography is an extract from Who's Who Legal: Competition which can be purchased from our Shop.

Who's Who Legal Consulting Experts: Experts - Economics - Competition Economists

Dr Raphaël De Coninck is a vice president at Charles River Associates (CRA), where he heads the Brussels office. Raphaël has provided expert economic evidence and testimony in numerous high-profile cases covering antitrust and competition matters (including over 60 mergers and 20 Phase II merger investigations, abuses of dominance and cartels), intellectual property and damages quantification. He has advised clients in litigation and regulatory proceedings in front of the European Commission and of national courts and authorities, primarily in Belgium, France, the Netherlands, the United Kingdom, Spain and Switzerland.

Raphaël’s experience spans a wide range of products and industries, including pharmaceuticals, IT, consumer products and retail, transport, telecoms, energy, basic industries, financial services, media and entertainment. While at CRA, he has worked for clients such as Universal, Google, Dolby, Pfizer, Novartis, Mylan, Abbott, GE, Virgin Atlantic, Danone, Henkel, L’Oréal, ABF, Ahold Delhaize, FIFA, Cable Europe, Canal+, SFR, Deutsche Bank, JP Morgan and the European Commission.

Prior to joining CRA, Raphaël was a member of DG Competition’s chief economist team at the European Commission. He has published numerous articles and contributed to major competition policy initiatives, including the European Commission’s Practical Guide on the Quantification of Antitrust Damages.

Raphaël received a PhD in economics from the University of Chicago, and degrees in law and in economics from the University of Liège, Belgium. He previously lectured on law and economics at the University of Chicago, held an academic position at New York University School of Law, and is currently teaching competition policy at the Université libre de Bruxelles and at the Brussels School of Competition.

WWL says: Raphaël De Coninck is a go-to expert witness with in-depth Europe-wide expertise in mergers and other complex competition issues.

This biography is an extract from Who's Who Legal: Consulting Experts which can be purchased from our Shop.

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