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Andrea Coscelli (born 11 February 1969) is an Italian-British economist and businessperson serving as Partner and Head of Europe at Keystone Strategy.


Education

Coscelli was born on 11 February 1969 and is from
Parma Parma (; egl, Pärma, ) is a city in the northern Italian region of Emilia-Romagna known for its architecture, music, art, prosciutto (ham), cheese and surrounding countryside. With a population of 198,292 inhabitants, Parma is the second mos ...
,
Emilia-Romagna egl, Emigliàn (man) egl, Emiglièna (woman) rgn, Rumagnòl (man) rgn, Rumagnòla (woman) it, Emiliano (man) it, Emiliana (woman) or it, Romagnolo (man) it, Romagnola (woman) , population_note = , population_blank1_title ...
. Coscelli completed a
laurea In Italy, the ''laurea'' is the main post-secondary academic degree. The name originally referred literally to the laurel wreath, since ancient times a sign of honor and now worn by Italian students right after their official graduation ceremon ...
in Economics at
Bocconi University Bocconi University ( it, Università Commerciale Luigi Bocconi, ) is a private university in Milan, Italy. Bocconi provides education in the fields of economics, finance, law, management, political science, public administration and comput ...
, Italy. He completed a PhD in economics from Stanford University After graduating from Stanford, Coscelli chose to move to the United Kingdom instead of return to his native Italy. In 2006, Coscelli told ''Time'' ''Magazine'' that his decision was based in his belief that politics, not competence, determines one's success in his field in Italy, arguing "We're missing basic meritocracy and generational turnover."


Early career

Coscelli co-founded the not-for-profit organisation, the Association of Competition Economics (ACE) in 2003 which aims to bring together competition economists working in government, academia and the private sector to debate and discuss policies and specific cases. He previously held roles at
Ofcom The Office of Communications, commonly known as Ofcom, is the government-approved regulatory and competition authority for the broadcasting, telecommunications and postal industries of the United Kingdom. Ofcom has wide-ranging powers acros ...
, as director of economic analysis and
Charles River Associates Charles River Associates (legally CRA International, Inc.) is a global consulting firm headquartered in Boston. Practice areas Their practices include: aerospace & defense, antitrust & competition economics, auctions & competitive bidding, climat ...
, as vice president (partner) in the firm's competition practice in London.


Competition and Markets Authority

Coscelli joined the CMA in November 2013 as executive director, markets and mergers (the executive board member leading the directorate responsible for UK merger control, the markets regime and the CMA's work in regulated sectors). Coscelli was the chief executive of the CMA between July 2016 and July 2022. In July 2021, the CMA stepped up its enforcement action against powerful tech firms under Coscelli's leadership, with the ''
Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' reporting on the cases launched against
Apple An apple is an edible fruit produced by an apple tree (''Malus domestica''). Apple trees are cultivated worldwide and are the most widely grown species in the genus '' Malus''. The tree originated in Central Asia, where its wild ances ...
,
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin ...
and
Google Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, ar ...
and a rise in the CMA's casework following the UK's exit from the European Union. In November 2022, it was announced that Coscelli would join Keystone Strategy LLC as co-head of its European operations.


Honours and recognition

Coscelli was appointed
Commander of the Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established ...
(CBE) in the
2020 New Year Honours The 2020 New Year Honours are appointments by some of the 16 Commonwealth realms to various orders and honours to recognise and reward good works by citizens of those countries. The New Year Honours are awarded as part of the New Year celebratio ...
for services to competitive markets. In 2019, ''
Business Insider ''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German pub ...
'' named Coscelli 81st in their list of the 100 most influential people shaping British technology in 2019 after the CMA announced it was investigating Amazon's anticipated acquisition of
Deliveroo Deliveroo is a British online food delivery company founded by Will Shu and Greg Orlowski in 2013 in London, England. It operates in the United Kingdom, France, Belgium, Ireland, Italy, Singapore, Hong Kong, the United Arab Emirates and Kuwait ...
. In 2019, Coscelli was ranked 33rd in Influence Weekly's list of '100 Most Influential People in Influencer Marketing' following the CMA's consumer enforcement work to secure formal commitments from 16 celebrity influencers to stop undisclosed advertising in their social media posts.


References

{{DEFAULTSORT:Coscelli, Andrea Living people Commanders of the Order of the British Empire British economists Stanford University alumni Bocconi University alumni 21st-century British businesspeople 1969 births British people of Italian descent People from Parma People from Emilia-Romagna