More from the Europe 2050 project. shorturl.at/3jZKE An important contribution from Tommaso Valletti, on why Europe has half as many high growth startups per capita as the US, and what to do about it. shorturl.at/GPRoP Among his recommendations, one which struck me, and is likely to be controversial, especially coming from a former chief competition economist of the EU, is to restructure merger review, and, in particular, take into account where the benefits land: The rationale: A merger when a big US firm buys a European startup may be good or bad for the world but is likely to be less good for Europe than for the US. (Read the full paper for more flesh and discussion)