External authors

Marco Antonielli

Research Assistant

Marco Antonielli

Expertise: Competition Policy International Trade Innovation Twitter: @AntonielliM

Marco Antonielli holds Bachelor and Master degrees in Economics from University of Florence, and a Master in International Trade, Finance and Development from Barcelona Graduate School of Economics (Universitat Pompeu Fabra). In his previous experience, he was intern at the Netherlands Competition Authority, where he worked on collusion in media markets, and researcher at Fondazione Einaudi, where he studied the impact of offshoring on wage inequality.

His research interests cover Competition Policy, International Trade and Innovation.

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Blog Post

Marco Antonielli
Carlos De Sousa

Chart of the week: IMF forecasts euro area inflation to stay well below 2% target for years to come

The IMF recognizes that given the bleak outlook for the euro area real economy, if the ECB continues with its relatively hawkish monetary policy approach it will take 5 years for inflation to converge to just 1.5%.

By: Marco Antonielli and Carlos De Sousa Topic: European Macroeconomics & Governance Date: October 14, 2014
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Working Paper

Antitrust risk in EU manufacturing: A sector-level ranking

Antitrust risk in EU manufacturing: A sector-level ranking

Based on a dataset of manufacturing sectors from five major European economies (France, Germany, Italy, Spain and the United Kingdom) between 2000 and 2011, we identify a number of key sector-level features that, according to established economic research, have a positive impact on the likelihood of collusion. Each feature is proxied by an ‘Antitrust Risk […]

By: Mario Mariniello and Marco Antonielli Topic: Innovation & Competition Policy Date: July 7, 2014
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Marco Antonielli

The Achilles heel of Europe?

When badly designed, the regulation of service and network sectors risks creating barriers to the entry of new competitors or reducing the incentives of incumbents to compete, with detrimental effects on productivity and consumers’ welfare. 

By: Marco Antonielli Topic: Innovation & Competition Policy Date: June 20, 2014
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Marco Antonielli
Silvia Carrieri
Carlos De Sousa
Michele Peruzzi

Charts of the week: mind the widening gap between the euro area and the UK/US

We show how the euro area (EA) is lagging behind its two major advanced economy counterparts in a few key macroeconomic variables. 

By: Marco Antonielli, Silvia Carrieri, Carlos De Sousa and Michele Peruzzi Topic: European Macroeconomics & Governance Date: April 29, 2014
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Marco Antonielli

Transatlantic trade, butterflies and earthquakes

To deliver a deal that is more welfare-improving, TTIP negotiators will need to focus on means to enhance long-term competitiveness of the two partners rather than bargain concessions that will be bear little fruit in the global trade arena.

By: Marco Antonielli Topic: Global Economics & Governance Date: March 25, 2014
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Marco Antonielli
Carlo Altomonte

Are capital markets the only friend of innovation?

Intangible assets are the key to growth in the knowledge economy, but innovative entrepreneurs can find it hard to secure the financing to kick-start their projects. The role of capital and credit markets in procuring funds for innovation is therefore crucial. 

By: Marco Antonielli and Carlo Altomonte Topic: Finance & Financial Regulation, Innovation & Competition Policy Date: March 19, 2014
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Blog Post

Mario Mariniello
Marco Antonielli

The new competition rules for technology transfer agreements

On 18 April, Bruegel hosted a Competition Policy Lab. Competition Policy Labs offer an independent ‘hands-on’ platform for practitioners and academics to meet and discuss hot topics on the competition policy agenda. This time we had Anna Vernet and Luc Peeperkorn for the Commission, and Jacques Crémer from the Toulouse School of Economics.

By: Mario Mariniello and Marco Antonielli Topic: Energy & Climate, Innovation & Competition Policy Date: May 7, 2013
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Book

EU-Korea Economic Exchange

EU-Korea Economic Exchange

Articles published during the Bruegel/Korea Institute of Finance project on ‘EU-Korea policy responses to the global financial and economic crisis and the scope for internationalisation of the financial services industry’

By: Zsolt Darvas, Chung-Han Kim, Shahin Vallée, Nicolas Véron, Haesik Park, Georg Zachmann, Jeong Ho Suh, Jean Pisani-Ferry, Christopher Byungho Suh, Reinhilde Veugelers, Hyoungsik Noh, Sungwook Park, Jabonn Kim, Mansoo Jee, Marco Antonielli and Mario Mariniello Topic: Global Economics & Governance Date: April 22, 2013
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Mario Mariniello
Marco Antonielli

Competition policy trends in South Korea

Economists often talk about a strong correlation between market development and enforcement of competition policy rules. That is not surprising: competition policy aims at removing obstacles to economic activity, such as barriers to market entry, and it encourages new businesses to challenge incumbent players’ market power. Economic theory suggests that this dynamic brings about an increase in total production. It also suggests that the pressure from competition can trigger a ‘Darwinian selection’, so that firms are forced to be as efficient as possible if they want to survive in the market. This generally means lower production costs, higher quality and lower prices paid by consumers. Conversely, in specific circumstances, excessive competitive pressure may reduce incentives to invest (reducing profit expectations); and therefore, slow down the growth pace.

By: Mario Mariniello and Marco Antonielli Topic: Global Economics & Governance, Innovation & Competition Policy Date: February 21, 2013