Education
Summary
Dr. Frys specializes in the application of market design, microeconomic, and statistical principles to antitrust disputes, litigation, and arbitration. He has analyzed economic and statistical issues and helped draft reports in cases involving vertical and horizontal mergers, cartels, abuse of dominance, and retail price maintenance. Dr. Frys’s experience spans industries such as retail, agriculture, food processing, payment systems, waste and water management, energy, luxury goods, and technology. He has supported experts before multiple authorities and courts, including the French Competition Authority (FCA), the European Commission Directorate-General for Competition (DG COMP), the Tribunal of Commerce of Paris, the International Chamber of Commerce (ICC) International Court of Arbitration, and the Düsseldorf court of appeal. Prior to joining Analysis Group, Dr. Frys assisted the French government in developing an algorithm to assign French first-year students to universities.
Selected Cases
FNAC Darty Acquisition of Nature & Decouvertes
Analysis Group was retained by FNAC Darty, a French online retailer of consumer electronic products, and Nature & Decouvertes, a French book and toy retailer, to assess the economic impact of FNAC Darty’s acquisition of Nature & Decouvertes.
Decision 21-D-14 of French Competition Authority (FCA) regarding Kärcher SAS
An Analysis Group team, led by Managing Principal Antoine Chapsal, Principal Emmanuel Frot, and Manager Lucien Frys provided economic support to Kärcher SAS and its counsels, Cleary Gottlieb and HWH, in their successful bid to obtain a dismissal of the French Competition Authority’s (FCA’s) resale price maintenance claims.
Testifiers
Veolia/Suez Merger Approval
On behalf of Suez in its acquisition by the international environmental services conglomerate Veolia, Analysis Group teams provided economic and financial analyses for review by regulatory agencies in multiple countries.
LVMH Moet Hennessy-Louis Vuitton SE Acquisition of Tiffany & Co.
For the proposed acquisition of global luxury jeweler Tiffany & Co. by LVMH Moët Hennessy Louis Vuitton SE (LVMH), an Analysis Group team led provided economic analysis in support of securing merger approval from competition authorities across nine countries and the European Union.