Portrait of Caroline Franzen

Caroline Franzen : Consultant

Caroline is a member of Oxera’s Competition and Transport teams, and works on projects across Europe. She applies her strong analytical skills to a range of cases, such as impact assessments, mergers and antitrust damages. Her work focuses on the aviation and rail sectors, often in conjunction with questions around competition, data access, or the climate transition.

Caroline holds Master’s degrees from ULB Solvay (Brussels), and from the College of Europe (Bruges). During her studies, she specialised in economics, with a focus on European policy and industrial organisation. Prior to joining Oxera, she completed an internship at the Belgian Ministry of Economics, where she focused on data analysis in a number of sectors.

Caroline speaks Dutch, English, French, and German.

Tel: +32 (0) 2 793 07 07

Caroline's specialisms include:

professional experience

  • Quantified damages in relation to an abuse of dominance in the beverage market (2020)

  • Supported a client regarding a case concerning predatory pricing in the rail sector brought forward by the European Commission (2019–20)

  • Analysed the economic case for data sharing in the public transport sector (2019–20)

  • Assessed the impact on competition of a series of car dealership mergers (2019–20)

  • Quantified damages in relation to cartels in the car industry (2019–20)

  • Assisted a client during a cartel procedure carried out by the Dutch Competition Authority (2018–19)


  • Bates, M. and Franzen, C. (2020), ‘Economic incentives throughout the lifecycle of an electric vehicle’, ETC Conference Papers 2020.


  • MA European Economic Studies, College of Europe, Belgium

  • MSc Business Economics, Solvay Brussels School of Economics and Management, Université Libre de Bruxelles, Belgium

  • BSc Economics, Solvay Brussels School of Economics and Management, Université Libre de Bruxelles, Belgium

Latest Insights:  Caroline Franzen

In March, the UK Department for Transport (DfT) published ‘Decarbonising Transport: Setting the Challenge’, a policy paper outlining current and planned policies needed to decarbonise the UK’s domestic transport sector.…
Calls to ‘do something’ about tech giants are getting louder. Some suggest that breaking them up is the best way to go, but such far-reaching interventions are absent from the…