Raphaël De Coninck

Vice President
Raphael DeConinck | European Antitrust and Competition | Charles River Associates

Dr. Raphaël De Coninck heads CRA’s Brussels office. Raphaël provides expert economic evidence and testimony in all competition matters, leading teams of economists at the forefront of merger and antitrust analysis. He has worked on many of the landmark European competition cases of the last two decades, including hundreds of mergers, abuse of dominance, cartel and damages cases.

Raphaël advises clients on competition matters in front of the European Commission and national authorities, as well as in litigation and in arbitration. In addition to European Commission cases and multi-jurisdictional filings, he has provided expert economic evidence in Belgium, the United Kingdom, France, the Netherlands, Spain and Switzerland, and regularly works on transatlantic cases in close collaboration with US colleagues.

Raphaël’s experience spans a wide range of products and industries, including in the technology sector, pharmaceuticals, consumer products and retail, transport, telecoms, energy, basic industries, financial services, media and entertainment. While at CRA, he has worked for clients such as Apple, Novo Nordisk, Pfizer, Novartis, Mylan, Boston Scientific, Baxter, Abbott, GE, Linde, Novelis, INEOS, SLB, Energizer, Danone, Henkel, L’Oréal, ABF, Ahold Delhaize, Virgin Atlantic, Wallenius, DFDS, Cable Europe, Canal+, SFR, Universal Music Group, Dolby, FIFA, Credit Suisse, Deutsche Bank, JP Morgan, private equity firms and the European Commission.

Prior to joining CRA, Raphaël was a member of DG Competition’s chief economist team at the European Commission. While at the Commission, he contributed to major competition policy initiatives, including the European Commission’s Best Practices for Economic Submissions and Data Collection in Merger and Antitrust Cases, and the European Commission’s Practical Guide on the Quantification of Antitrust Damages. Raphaël has published numerous articles on the economics of competition, covering in particular horizontal and non-horizontal mergers, the impact of mergers on innovation, market definition, exclusionary conduct, excessive prices, standard essential patents, bargaining power and antitrust damages estimation.

Raphaël holds a Ph.D. in economics from the University of Chicago and degrees in law and in economics from the University of Liège, Belgium. He has been a post-doctoral fellow at New York University and taught at the University of Chicago and the Free University of Brussels (ULB).

Raphaël is recognized as one of Europe’s top competition economists by WWL Global Elite, receiving wide praise from clients and peers: “Raphaël De Coninck is a “superb” economist who is recommended for his “really excellent work” when it comes to delivering expert testimony on competition-related merger and damages cases.”

Selected engagements

  • 01
    CAT approves class action settlement agreement in maritime cartel
    A CRA team, including Raphaël De Coninck, Elina Koustoumpardi, Oliver Wichert, Dominik Fischer, Francesca Garbin, Isabella Pandelli and Lorenzo Comito advised...
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  • 02
    EC unconditionally approves $16.5bn acquisition of Catalent by Novo Holdings
    By providing additional fill-finish capacity, the transaction would enable Novo Nordisk to reach more obesity and diabetes patients faster. The Commission...
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  • 03
    CRA responds to the European Commission’s draft Article 102 Guidelines
    The draft guidelines aimed to reflect recent EU courts’ case law on exclusionary abuses, in turn helping to provide greater legal certainty for all relevant...
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