Portrait of Stéphane Dewulf

Stéphane Dewulf : Partner

Stéphane joined Oxera in 2020 as a Principal and was promoted to Partner in 2021. He now co-heads Oxera’s rapidly expanding competition practice in Brussels, which boasts a team of over 30 economists. Stéphane has represented clients and directed his teams in numerous complex merger control cases and antitrust investigations before the European Commission, the CMA, the French Competition Authority and other competition authorities in Europe and beyond.

Prior to joining Oxera, Stéphane spent six years at the European Commission’s Directorate-General for Competition, focusing on merger control and antitrust investigations in sectors such as digital, IT, media, telecoms, and energy.

Before his tenure at the Commission, Stéphane worked for eight years as an economist at two leading economics consultancies, specialising in competition policy. He provided expert economic advice on mergers, horizontal and vertical agreements, and abuse of dominance issues, predominantly in investigations by European competition authorities and in private litigation contexts.

Stéphane speaks English, and French.

Tel: +32 (0) 2 793 07 13

Stéphane's specialisms include:

Selected
professional experience

  • Nokia/Infinera—advised Nokia on the EU and multijurisdictional merger control reviews of its acquisition of Infinera (2024–25)

  • Mars/Kellanova—advised Mars on the EU and multijurisdictional merger control reviews of its acquisition of Kellona (2024–25)

  • AMD/ZT Systems—advised AMD on the EU and multijurisdictional merger control reviews of its acquisition of ZT Systems (2024–25)

  • Arçelik/Whirlpool—advised Arçelik and Whirlpool on the EU and CMA merger control reviews of their merger, helping secure unconditional clearances in phase 1 in the EU and in phase 2 in the UK (2022–24)

  • Novozymes/Chr. Hansen—advised Novozymes on the EU and multijurisdictional merger control reviews of their merger, helping secure phase 1 clearances, subject to remedies in the EU (2022–23)

  • Teleperformance/Majorel—assisted Teleperformance in securing EU and multijurisdictional merger control clearance for its acquisition of Majorel (2023)

Qualifications

  • MSc Competition and Market Regulation, Barcelona Graduate School of Economics, Spain

  • MA European Economic Studies, College of Europe, Bruges, Belgium

  • Masters in Economics, University of Namur, Belgium

Latest Insights:  Stéphane Dewulf

13 minute read
Recent years have seen renewed debate around vertical merger control. Authorities have been changing their guidance and competition headlines have been dominated by vertical mergers such as AT&T/Time Warner, Facebook/Giphy…
8 minute read
After more than two decades, the Intel saga may have finally ended with the General Court’s judgment of 26 January 2022. The judgment—which had at its core the use of…
14 minute read
Recent European Commission merger control practice suggests a renewed willingness to scrutinise conglomerate mergers. This is in stark contrast to the Commission’s past practice and to the US approach. In…
4 minute read
The growth of self-employment and the so-called ‘gig economy’ enabled by the rise of digital platforms (and digitalisation more broadly) offers new opportunities for those who prefer flexible working arrangements,…

Rebooting Competition Policy?

Registration for this event has now closed. If you would like to be added to the waiting list, in case space becomes available, please email: [email protected]. Date: Tuesday 11 March 2025Registration: 13:00 CETCocktail reception: 18:30 CETLocation: Sparks, Rue Ravenstein 60, Brussels Join MLex, Oxera and Paul, Weiss for a half-day conference to… Read More

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