At a time when Member States have to deal with increased pressures on public balances, stemming from demographic trends and globalisation, the improvement of the efficiency and effectiveness of public spending features high on the political agenda. This paper shows that the efficiency in public...

During its first fifteen years, the EU's merger control system, unlike most others in the world, offered only minimal possibilities for taking efficiency gains into account as a mitigating factor that might offset the anti-competitive effects of a merger. This book examines the background to a...