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Lawmakers Question EU’s Reliance on Pricey Consulting Firms

  • EU spent at least $698 million on largest firms in five years
  • Commission has described the spending as a ‘sensible option’
Valdis Dombrovskis

Valdis Dombrovskis

Photographer: Olivier Matthys/Getty Images/Bloomberg

The European Parliament is looking into the European Commission’s increasing reliance on pricey contracts it awards to four of the world’s largest consulting firms to conduct studies or provide technical assistance for key initiatives.

The lawmakers are particularly concerned about the “significant increase” of resources assigned over the past years to Deloitte LLP, Ernst & Young LLP, KPMG and PricewaterhouseCoopers LLP, according to a questionnaire sent the commission on Monday.