Vilen Lipatov



  • Brussels | London


    • European University Institute, Ph.D.
    • Central European University, M.A.
    • Moscow State University, M.Econ. and B.A.

Vilen Lipatov is an industrial organization economist who consults on competition policy and related issues, with an emphasis on multisided markets, intellectual property, mergers with conglomerate effects, and innovation.

Antitrust and competition

Dr. Lipatov has worked on dozens of matters, including high-profile antitrust investigations of DG Competition, such as alleged abuse of dominance in pay TV and alleged predatory pricing in semiconductors. He also conducts damages and valuation assessments in a range of industries, notably consumer goods, energy, retail, telecommunications, and transportation.

Merger review

Dr. Lipatov has extensive expertise with complex merger reviews by DG Competition and the European Union’s (EU’s) national competition authorities. In these matters, he has focused on economic analyses of vertical and conglomerate effects, foreclosure incentives, cross-ownership, and upward-pricing pressure.

Telecommunications and technology

Dr. Lipatov has coauthored research and policy papers on mobile communications technology, as well as the role that data and online advertising play in tech-related industries. He also analyzes fair, reasonable, and nondiscriminatory (FRAND) royalty-setting in the context of standard essential patents (SEPs).

Dr. Lipatov has published research in leading academic journals, such as the European Economic Review, the Journal of Economic Behavior and Organization, the Journal of Competition Law and Economics, Social Choice and Welfare, and the Journal of Macroeconomics. He is a research fellow at CESifo, a global network focused on economics and economic policy.

An experienced educator of both undergraduate and graduate students, Dr. Lipatov has taught courses in economics and industrial organization at Goethe University Frankfurt, Leibniz University Hannover, and the European Business School in Wiesbaden, among others.

Before joining Cornerstone Research, Dr. Lipatov held senior roles at CompetitionSphere, as well as other economic consulting firms.


Professional Affiliations
    • CESifo Research Network