Since 2004 he has been the Chairman of a consultancy company specialised in antitrust and regulatory issues. From 2000 to 2003, he was CEO of the Independent System Operator running the Italian Electricity Grid (GRTN). From 1991 to 2000 he was the Director of Investigation at the Italian Competition Authority (AGCM) in charge of several regulated sectors. Previously, he served as Chief Economist at the Italian Security and Exchange Commission (CONSOB) and as Economist at the International Monetary Fund (IMF).
He holds a Ph.D. in Economics from the University of California at Los Angeles (UCLA). His research in the area of industrial organisation and law and economics focuses on the interaction between regulation and antitrust in shaping firms’ behaviour. As regards research in the media and Internet areas, Professor Parcu’s interests focus on the effects of ownership concentration and internal governance of the media enterprise on pluralism and freedom of expression and on the influence of offline business models on new economic developments related to online platforms, smart cities and artificial intelligence.