As to the question of elected or not elected, each member of the European Commission has been appointed jointly by the governments of the 15 member states, and undergone individual scrutiny and a vote of confidence from the European Parliament.
Mario MontiI have the most profound respect for the Department of Justice and the FTC. We in Europe are a younger and I would say junior institution to the historical antitrust experience of the US.
Mario MontiIn the area of macroeconomic policies, I think we'll see more centralization, like in the budgetary sphere.
Mario Monti