About
Isabel is an associate in our antitrust, competition and trade practice in Spain. She advises leading Spanish and international clients on complex matters spanning EU and Spanish competition law, with particular experience in multi-jurisdictional merger control, foreign direct investment, antitrust investigations and strategic compliance.
Her practice combines transactional and behavioural expertise. Isabel regularly advises on merger control and foreign investment proceedings involving multiple jurisdictions and regulators, as well as on commercially sensitive questions concerning strategic conduct, distribution arrangements and competition compliance.
She has experience across a broad range of sectors, including pharmaceuticals and healthcare, energy and infrastructure, transport, technology, private equity and industrial manufacturing. Her work includes advising clients on strategically significant transactions, complex regulatory reviews and contentious antitrust matters.
Before joining Freshfields, Isabel worked at a leading Spanish law firm, where she advised major domestic and international clients on complex merger control proceedings, foreign investment reviews and antitrust investigations.
- IAG on the multi-jurisdictional merger control aspects of its proposed acquisition of Air Europa, including proceedings before the European Commission and competition authorities in several Latin American jurisdictions.*
- ABB on the Spanish merger control aspects of its acquisition of Gamesa Electric’s power electronics business from Siemens Gamesa.
- A leading Spanish energy company on the EU and international merger control aspects of a strategic partnership to develop a major renewable energy platform.
- Mubadala Capital, the Abu Dhabi state-owned investment firm, on securing Spanish foreign direct investment approval for its acquisition of a majority stake in Babel, a consultancy specialising in corporate digital transformation.
- MOL on the Spanish foreign direct investment aspects of its proposed acquisition of Spanish train manufacturer Talgo.*
- A pharmaceutical company on competition law risks arising from a potential collective boycott and on the strategic redesign of its distribution model, including the compliant selection and management of distributors.
- A major European warehouse equipment manufacturer in connection with an antitrust investigation and associated compliance matters.
*Experience gained before joining Freshfields.

Isabel García de Paredes
Torre Europa
Paseo de la Castellana, 95
Madrid 28046