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Nicola Mazzarotto

Nicola Mazzarotto
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Who's Who Legal Competition: Economists

Dr Nicola Mazzarotto is a partner and head of competition economics at KPMG. He has over 15 years of experience working on competition cases at UK and EU competition authorities, as well as for private sector clients.

Since joining KPMG in 2011, Nicola has advised clients in a wide range of sectors and on a wide range of competition matters. Nicola has provided advice to a range of high-profile clients in various areas of financial services (banking, insurance, payment systems and others) through investigations by the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA). Nicola also has extensive experience of providing competition advice in the energy and natural resources sectors, including to the UK government in relation to EC state aid approval for Hinkley Point C (granted in 2014), to a major international petro-chemical group in a large commercial dispute and to one of the main parties in the CMA’s investigation of the UK energy market. Nicola has also extensive experience in the healthcare sector having advised clients offering both public and private healthcare services.

Nicola advised a number of UK and International companies in the course of merger inquiries in the UK and EU. He advised parties during market investigations and other competition proceedings. He testified as an expert witness in arbitrations in the UK and internationally. More generally Nicola also helps clients evaluate strategies, including assessing regulatory and competition risk.

Nicola leads a competition economics team comprising over 25 competition specialists. The team conducts innovative work, particularly in the use of advanced data analytics techniques in competition proceedings and large investigations, where it draws on the expertise of KPMG’s forensic accounting and data analytics teams among others.

Prior to joining KPMG, Nicola was head of policy analysis at the UK Competition Commission (CC), now part of the CMA. At the CC Nicola led the economic analysis in a number of high-profile inquiries, including in groceries and other retail services, financial services, transport, media and R&D intensive industries. In addition, he led the economic analysis underpinning the CC’s development of best practice, including the development of best practice on the use of analytical techniques in merger analysis and the development of the current UK Merger Guidelines. Nicola has also worked at the UK Office of Fair Trading (OFT), at the competition division of the Organisation for Economic Co-operation and Development (OECD) where he focused on best practice in competition policy and at the Directorate–General for Competition (European Commission) advising on merger and antitrust cases.

Nicola has published on various aspects of competition economics and has taught at many universities in the UK and Europe. His academic research has focused on using economic theory to inform the application of competition policy in intermediate (B2B) markets. This has included the analysis of buyer power in competition policy. He is a regular speaker and chair at UK and international conferences on competition economics and policy.

Nicola has a PhD in economics from the University of East Anglia, which is home to the Centre for Competition Policy, a global center for multidisciplinary competition policy research. He earned a Masters of Science in Economics from the London School of Economics and a “Laurea” (Bachelor’s degree) in statistics and economics from the University of Rome.

WWL says: Nicola Mazzarotto is "an increasingly influential force in the market" and won high praise from our sources across Europe

This biography is an extract from Who's Who Legal: Competition which can be purchased from our Shop.

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