Rafael Valdés-Abascal obtained his law degree from the Universidad Panamericana Law School, where he has the chair as competition law professor and has been member of its Academic Council.
He began his practice at Santamarina y Steta SC in the corporate law area, where he worked from 1987 to 1989. He joined the public sector in 1990 where he held office, among others, as head of the Legal Counselling Office for the chief of staff of the Mexican president. Later, he served as the executive secretary of the Federal Competition Commission (FCC), having under his authority the general directions of legal affairs, mergers and acquisitions, investigations, and economic studies.
In 1996, he left the public sector to found his own law firm (then, Valdes Abascal y Brito Anderson).
Rafael Valdés-Abascal has undertaken an intensive practice on competition and antitrust counselling and litigation, being involved in several of the most important cases that have taken place since the creation of the FCC. He has rendered services to domestic and foreign companies, most of which are within the top three in their corresponding fields, and has advised federal government agencies in the development of privatisations, deregulation projects and industrial reorganisations.
He has participated in the elaboration of the competition law and regulations and various FCC guidelines.
Rafael Valdés-Abascal is a member of the Competition Law Committee of the Corporate Lawyers National Bar Association (ANADE), and has been appointed by the FCC as non-governmental adviser for the International Competition Network.