Portrait of Joseph Bell

Joseph Bell : Partner

Joseph is one of Oxera’s expert advisers in the field of competition litigation. He heads Oxera’s Follow-on Damages practice in the UK, with a focus on collective actions and cartel damages. He has a particular specialism in matters that require the application of empirical analysis, such as econometrics, to assess underlying competition issues or harms. Able to work across jurisdictions, Joseph has led projects providing evidence to competition authorities (including the CMA and the European Commission) and national courts in the UK and the Netherlands.

One of Joseph’s noted skills is making complex economics concepts practical, relevant and clear, and he has experience of providing expert testimony in the UK and to the European Commission. He regularly contributes to Oxera’s EU-sponsored courses on the quantification of competition damages for member state judges.

Providing advice across a wide range of industry sectors, Joseph has particular experience working in the fields of payments services and telecoms. Prior to joining Oxera, Joseph worked for four years in BT Group’s finance division, where he received his accountancy training and conducted an econometric research project at the Bank of England.

Tel: +44 (0) 1865 253056

Joseph's specialisms include:

professional experience

  • Litigation support to a UK transmission/distribution network operator in evaluating the damages resulting from a European cartel in the power cables market (2020–)

  • Litigation support to an auto manufacturer in relation to damages resulting from the roll-on, roll-off (‘RoRo’) cartel (2020)

  • Economic advice to European truck original equipment manufacturers in defending cartel claims in multiple European jurisdictions (2018–)

  • Competition advice to a UK funeral services provider with respect to a CMA market study, including evaluation of the competition risk of different business models (2018)

  • Advice to the Post Office in its acquisition of bill payments provider, Payzone, cleared by the CMA at phase one (2018)

  • Providing a range of expert and claim quantification advice to a number of claimant law firms and funders in the preliminary stages of collective competition litigation (2017–)


  • Bell, J. and Shah, K. (2016), ‘New Economic Questions in opt-out collective actions’, Competition Law Journal, 15:163

  • Noble, R., Bell, J. and Shah, K. (2017), ‘Class actions: the mobility scooters case’, Competition Law Journal, 16:3, pp. 221–230

  • Bell, J. and Shah, K. (2020), ‘Aggregate damages: why the whole might not be the sum of the parts’, Competition Law Journal, 19:2

  • Oxera’s written evidence to the Brexit Competition Law Working Group and House of Lords concerning the impact of Brexit on private enforcement in the UK


  • MPhil Economic Research, University of Cambridge, UK

  • Graduate Diploma in Economics, University of Cambridge, UK

  • Associate of the Chartered Institute of Management Accountants (CIMA)

  • MSci Natural Sciences (Physics), University of Durham, UK

Latest Insights:  Joseph Bell

Non-fungible tokens (NFTs) are blockchain-based ownership certificates of all kinds of digital collectables—ranging from pixelated cats to canonical YouTube videos and even recordings of unique moments in sport. The market…
The announcement of the European Super League (and the subsequent climbdown) has attracted attention across the globe. As discussed in this article, the Super League forms part of a wider…
The long-awaited UK Supreme Court judgment in Mastercard v Merricks1 (‘the Judgment’) was handed down last Friday morning. The Judgment allows a £14bn opt-out collective proceeding to proceed. The application…
Retail payments play an important role in the functioning of modern society. They are currently going through a period of upheaval due to changes in technology, consumer behaviour and regulation,…

The Economics of Climate Change at COP26

Oxera will be presenting on The Economics of Climate Change at COP26—the 2021 United Nations Climate Change Conference—in Glasgow, on one of the world leaders’ days on 2 November 2021. The aim of COP26 is to increase global alignment on climate action. We will be demonstrating to the world’s governments,… Read More

Image depicting The Economics of Climate Change at COP26