Elisa Mariscal has over twenty years of international experience consulting on competition policy, antitrust, and merger review matters. Dr. Mariscal analyzes competition conditions and regulatory policy in digital economy and platforms businesses, as well as financial markets, renewable and clean energy, retail, and telecommunications, among other industries. She addresses issues related to allegedly anticompetitive behavior, such as vertical restraints, refusal to deal, predatory pricing, and discrimination. Dr. Mariscal has consulted on market investigations and sector inquiries for the Mexican competition authority.
As an expert witness, Dr. Mariscal has provided testimony on economic competition and damages estimations before the Plenum of the Mexican Competition Commission (COFECE). She has also testified on antitrust matters before specialized courts and tribunals in Mexico. Dr. Mariscal served as a damages estimation expert before an International Centre for Settlement of Investment Disputes (ICSID) panel of arbitrators and conciliators in Washington, DC.
Dr. Mariscal’s work has spanned jurisdictions in North America, Central and South America, and Europe. She has prepared expert reports on behalf of private parties; has consulted to the World Bank, the Inter-American Development Bank, and the U.S. Agency for International Development (USAID); and has also supported competition agencies’ casework and capacity-building. Since 2018, Who’s Who Legal has recognized her as a leading competition economist.
Dr. Mariscal’s experience includes serving on the Advisory Council for the Federal Telecommunications Institute (IFT) in Mexico and the Expert Advisory Group on Digital Economy at COFECE. She has published articles in academic, policy, and law journals, including Telecommunications Policy, the Journal of Law and Policy for the Information Society, Antitrust Chronicle, and CPI Journal. On behalf of COFECE, she has collaborated on publications for the Competition Committee of the Organisation for Economic Co-operation and Development (OECD). On behalf of COFECE, she participated as a nongovernmental advisor (NGA) in the International Competition Network (ICN).
Prior to rejoining Cornerstone Research, Dr. Mariscal founded and served as managing director at GAMES Economics. Previously, she worked, variously, as managing director, editor-in-chief, and president of Competition Policy International (CPI). Before that, Dr. Mariscal headed COFECE’s Directorate-General for Unilateral Conduct Investigations. In that role, she addressed complex issues involving exclusive dealing and fidelity rebates programs and oversaw the creation of guidelines on market definition, market power, survey design, quantitative data analyses, vertical restraints, and damages estimation. Dr. Mariscal began her career in antitrust and regulation analysis in Cornerstone Research’s Silicon Valley office.
For nearly two decades, Dr. Mariscal has been an adjunct professor of economics and law at Centro de Investigación y Docencia Económicas (CIDE) and the Instituto Tecnológico Autónomo de México (ITAM).