Charles River Associates (CRA) Strengthens its Antitrust & Competition Economics Practice

Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Dr. Svend Albæk, a former deputy chief economist of the European Commission’s Directorate-General for Competition, has joined the firm as a senior consultant in the company’s Antitrust & Competition Economics Practice.

“I am very pleased to welcome Svend to the CRA team,” said CRA President and Chief Executive Officer Paul Maleh. “Svend has more than 25 years of experience at the highest levels of European competition policy development, antitrust investigations, and rules enforcement. He joins a team with unsurpassed economic, analytical, and testifying expertise, advising clients on regulatory matters worldwide.”

“Svend brings a wealth of academic and practical experience on best practices before the European Commission related to economic analysis of mergers and conduct cases; my colleagues and I look forward to working with him,” said CRA Global Antitrust & Competition Economics Practice Leader Margaret Sanderson.

Dr. Albæk joined the European Commission’s Directorate-General for Industry in 1998, focusing on industrial aspects of competition policy before moving to the Merger Task Force (MTF) in the Directorate-General for Competition in 2000. While at the MTF, he was involved in many in-depth merger investigations, coordinated the MTF’s Centre for Excellence in Economics, and was a main author of the commission’s horizontal merger guidelines.

He later moved to the Antitrust Policy and Strategic Support Unit, before joining the Chief Economist Team (CET) in 2007. As a member of the CET, Dr. Albæk worked on numerous merger and antitrust cases and was part of CET teams revising various guidelines. He coordinated the work of the CET in the field of antitrust from 2011 to 2024 and served as the deputy chief economist from 2014 to 2020.

From 1992 to 1997, Dr. Albæk was an associate professor of economics at the University of Copenhagen, where he taught industrial economics. Dr. Albæk is currently a visiting fellow at the European University Institute in Florence, Italy. He has a PhD in economics from the Université Catholique de Louvain and an MA in economics from the University of Warwick.

About CRA’s Antitrust & Competition Economics Practice

CRA’s competition economists provide economic analysis and testimony in competition matters around the world. Many have served in government antitrust agencies and are members of premier academic, economic, and law faculties. Their experience extends to many industries, including health care, energy, computer hardware/software, retailing, telecommunications, aerospace and defense, entertainment, transportation, natural resources, sports, chemicals, pharmaceuticals, financial services, and consumer products.