CRA experts Raphaël De Coninck and Mikaël Hervé assisted Credit Suisse in relation to an antitrust investigation in exchanges of information in the FOREX market.
Their contributions helped secure a substantial reduction of the European Commission’s fine for Credit Suisse, from €83 million to €29 million.
De Coninck and Hervé’s economic analysis assessed the likely effects of the information exchanges and developed the economic support to successfully challenge the data and methodology that was used to calculate the initial €83 million fine.
Read more about the EU General Court’s decision here.