Antonia Penno

Analyst

Antonia Penno is a German national who joined Milieu in November 2025. She specialises in economic policy including trade policy, impact assessment and digital policy, and supports with her quantitative and analytical expertise. With her M.Sc. in Economics from Maastricht University, specialised in Market regulation and design, Antonia has a strong academic background in economic and quantitative analysis as well as competition policy and market regulation. Before joining Milieu, Antonia worked at Analysis Group, an economic consultancy, where she conducted quantitative analyses, drafted economic expert reports in European and national competition and litigation cases and analysed European digital policies. Previously, she interned at the German competition authority in the decision division responsible for the investigations on Amazon’s market dominance as well as the food sector including sustainability measures. Through this internship she deepened her knowledge on digital platform regulation, competition in the food retail sector and sustainability initiatives from an antitrust law perspective. She further gained insights into regulatory processes at the intersection of economics, law and public interest. Antonia is proficient in German and English, with an intermediate level of French.