Compass Lexecon Opens Copenhagen Office and Affiliates with Former Danish Competition Authority Chief Economist

Rhea-AI Summary

Compass Lexecon has expanded its operations by opening a new office in Copenhagen, Denmark, appointing Thomas Rønde as an Academic Affiliate. Rønde, a former Chief Economist at the Danish Competition and Consumer Authority, brings significant expertise in competition policy and regulation. The new office will support Compass Lexecon's growing Nordic team, enhancing its capabilities to provide economic analysis and advice in competition, litigation, and arbitration cases. The firm has previously achieved notable successes before the Nordic competition authorities and the European Commission.

Positive

• Opening of Copenhagen office expands presence in the Nordic region.
• Appointment of Thomas Rønde adds expertise in competition policy and regulation.
• Team expansion includes experienced economists from London office.

Negative

• None.

COPENHAGEN, Denmark, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Compass Lexecon, a subsidiary of FTI Consulting, Inc. (NYSE: FCN), today announced the opening of an office in Copenhagen, Denmark, and the appointment of Thomas Rønde, Professor of Innovation and Entrepreneurship at Copenhagen Business School and former Chief Economist at the Danish Competition and Consumer Authority, as an Academic Affiliate.

Professor Rønde is a recognized economics expert in competition policy and regulation and has extensive experience in advising firms and agencies in Denmark and abroad on cases and policy. His recent consultancy experience includes advising on the merger between the energy companies SE and Eniig in 2019 and the proposed merger between house-building companies HusCompagniet and eurodan. He previously worked at the University of Mannheim and the University of Copenhagen. He was a member of the Danish Competition Council from 2006 to 2013 and served as Chief Economist at the Danish Competition and Consumer Authority from 2013 to 2017.

Professor Rønde joins Compass Lexecon’s fast-growing Nordic team of 18 economists and academic affiliates based across Finland, Denmark and Sweden. He will be supported in Copenhagen by Senior Economists Robin Rander and Sergey Khodjamirian, who have transferred from Compass Lexecon’s London office, where they have advised clients in the Nordic region for several years, particularly on European cases.

Compass Lexecon brings a truly unique proposition to law firms and clients in Scandinavia, offering a local presence while leveraging the extensive experience and capabilities of the wider European competition practice. In recent years, the team has successfully advised Nordic clients in multiple important matters, both before the Nordic national competition authorities and the European Commission. Recent notable cases include the unconditional Phase I clearances in Sanoma / Alma Media before the Finnish authority and in Widex / Sivantos and Fazer Food Services / Compass Group before the European Commission.

Professor Rønde commented: “I am delighted to be joining Compass Lexecon and to be a part of its network of academic affiliates. I am particularly looking forward to helping to launch the Copenhagen office and working with the rest of the team on providing cutting-edge solutions to problems faced by Compass Lexecon’s clients in the Nordics.”

Jorge Padilla, a Senior Managing Director and Head of Compass Lexecon EMEA, commented: “Our Nordic team has seen significant expansion since the opening of the Helsinki office nearly four years ago. We are pleased to expand our footprint with a Copenhagen office and welcome Thomas as an affiliate. He brings a blend of academic, agency and consulting experience which is distinctive of Compass Lexecon and supports our mission to provide independent and exceptional quality economic analysis and advice to Nordic clients engaged in competition, litigation and arbitration cases.”

About FTI Consulting 
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 5,800 employees located in 27 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $2.35 billion in revenues during fiscal year 2019. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn. 

Compass Lexecon
Bredgade 6
1260 Copenhagen

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com 

Media Contact:
Rebecca Wallace
+44 (0)20 3932 9716
rwallace@compasslexecon.com 

FAQ

What is the significance of the new office opening in Copenhagen for FCN?

The Copenhagen office enhances Compass Lexecon's presence in the Nordic region, facilitating better service delivery to local clients.

Who has been appointed as the Academic Affiliate at the Copenhagen office of FCN?

Thomas Rønde, a recognized expert in competition policy and former Chief Economist at the Danish Competition and Consumer Authority, has been appointed.

How does Compass Lexecon plan to utilize its new office in Copenhagen?

The Copenhagen office aims to provide cutting-edge solutions in economic analysis, competition policy, litigation, and arbitration cases for Nordic clients.

What recent successes has Compass Lexecon achieved in the Nordic region?

Compass Lexecon has successfully advised clients in matters before Nordic national competition authorities and achieved notable Phase I clearances from the European Commission.