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Sometimes mergers can lead to greater efficiency, and as long as there is real competition, that is good for consumers".
It will lead to greater efficiency in our existing road networks as cars become personal trains, driving faster and closer together on our motorways; there will be huge improvements to freight delivery times and increased competition with the rail sector.
Unlike in the United States, for example, the argument that it will lead to greater efficiency cannot be explicitly used to defend a merger.The commission is trying to make things clearer.
There is also a risk that, when the tax savings materialise later on, governments will grab them and spend them on something else.A smaller role for the state in education, health and pensions would lead to greater efficiency and, in one way or another, make the typical citizen better off.
Meanwhile the number of largely liberal financial systems had increased from two to 18, and the number of liberal ones from four to ten.The liberalisers had argued that reform would (a) lead to greater efficiency in the allocation of resources, and (b) promote saving.
His experiments have suggested that a redesign of some markets could lead to greater efficiency.Last year, a research group at IBM showed that Mr Cliff's artificial traders could consistently beat the human variety, in various kinds of market.
Similar(46)
If this alliance, combined with an open-skies deal and the opening of Heathrow to more airlines does lead to greater efficiencies and more competition, that would certainly be welcome.
Ms. Catz, a former investment banker who oversees Oracle's mergers and acquisitions, also testified that a merger with PeopleSoft would lead to greater efficiencies and a more competitive market and said it would be "ridiculous" to think that it would lead to higher prices.
"Selling off a large state-owned enterprise or utilities to private ownership will not necessarily lead to great efficiency and ultimate benefits to consumers unless there is a regulator in place to enforce rules and ensure fair competition," the bank said.
This leads to greater efficiency, lower prices, higher levels of growth and more jobs.
Cutting food waste leads to greater efficiency, more productivity and higher economic growth, it said, but achieving such an aspiration would involve consumers cutting their own food and drink waste by as much as half.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com