Will efficiencies play an increasingly important role in the assessment of conduct under Article 102 TFEU?

This article discusses the role of efficiencies in the assessment of monopolistic processes in the European Union (EU). It outlines the Guidance Paper on Abusive Exclusionary Conduct which was adopted by the European Commission (EC) to facilitate the assessment of monopolistic practices. It highlights the process of the EC in identifying enforcement priorities to regulate competitive practices under Article 102 of the Treaty on the Functioning of the European Union (TFEU).