Portrait of Felipe Flórez Duncan

Felipe Flórez Duncan : Partner

Felipe heads the Telecoms, Media and Technology (TMT) team at Oxera. He has extensive experience in the application of competition and regulatory economics, advising both corporates and regulators in abuse of dominance cases, vertical agreements, mergers, damages litigation, and regulatory policy and strategy.

In the telecoms sector, he has advised on a wide range of issues including wholesale and retail market reviews, pricing of fibre networks, margin squeeze assessments, functional separation, and spectrum trading, as well as acting as economic expert during mergers, antitrust and litigation cases in fixed and mobile markets. His clients include major operators such as BT Group, Openreach, Liberty Global and United Group, as well as regulators such as ComReg and the Regulatory Authority of Bermuda.

In the media sector, he has advised clients including the Motion Picture Association, Warner Bros., Liberty Global and Telefónica on issues such as joint selling agreements, passive sale restrictions, copyright policy, and horizontal and vertical mergers involving platforms, networks and content.
In the technology (digital) sector, Felipe’s work focuses on the convergence between new and traditional business models brought about by the Internet, examining the implications for policy, regulation and strategy.

Felipe is also a seasoned economic expert, having provided expert witness testimony in regulatory, competition and damages cases before UK and European courts.

Felipe speaks English, and Spanish.

Tel: +44 (0) 20 7776 6654

Felipe's specialisms include:

professional experience

  • Advising BT and Openreach on the wholesale fixed telecoms market review—in particular, undertaking a risk analysis of BT’s investment in its fibre to the premises (FTTP) network and the implication for regulation (2020–21)

  • Advised Telemach Hrvatska, a subsidiary of United Group, assessing wholesale access and leased lines prices in the context of a potential margin squeeze in the Croatian broadband market (2020–21)

  • Acted as a third-party economic expert in a dispute between an MNO and an MVNO regarding wholesale access tariffs in the Netherlands (2019)

  • Advising the Regulatory Authority of Bermuda on its review of all electronic communications markets in the island, including developing and implementing regulatory remedies (2017–21)

  • Led Oxera’s work for BT Group Openreach during the wholesale access market review, focusing on applying the ‘fair bet’ framework on BT’s investment in fibre to the cabinet (FTTC) networks (2017–18)

  • Led Oxera’s work for ComReg on future mobile connectivity options, including mobile coverage obligations (2017–18)


  • Flórez Duncan, F., Longman, D., Mautino, L. and Dudley, P. (2011), ‘Price Discrimination and Price Differentiation within Direct Mail’, chapter 17, in M. Crew and P. Kleindorfer (eds), Reinventing the Postal Sector in an Electronic Age, Edward Elgar.

  • Flórez Duncan, F. (2010), ‘No Margin for Error: The Challenges of Assessing Margin Squeeze in Practice’, Competition Law Journal, 1.

  • Barnes, F., Flórez Duncan, F. and Niels, G. (2006), ‘Voice over Broadband: To Regulate or not to Regulate?’, Competition Law Insight, March.


  • MPA Public and Economic Policy, London School of Economics

  • BSc Economics, Universidad del Pacífico, Peru

Latest Insights:  Felipe Flórez Duncan

10 minute read
Fast-moving digital markets require equally nimble regulatory authorities to oversee them. However, speed of action must not come at the cost of robust market analyses, unless we are to risk…
12 minute read
On 2 June 2020, the European Commission launched a consultation on proposals for a new competition tool (NCT) and the Digital Services Act (DSA) package. If enacted, they would represent…
8 minute read
Prior to early 2020, the idea of living remotely might have triggered visions of moving to the northernmost Scottish island, or to the far edges of Alaska, and becoming self-sufficient—retreating…
11 minute read
On 17 March 2020, the Dutch Trade and Industry Appeals Tribunal (CBb) published its long-awaited verdict on the appeal against the Netherlands Authority for Consumers and Markets (ACM) 2018 finding…

Back to top