Beginning with a brief outline on higher education policy reform dynamics in Europe, the introduction sets out the research focus and design, moving on to the methodology and a discussion of the limitations of the study. The theoretical framework based on institutionalist theory is then developed, with an exploration of the two hypotheses that are guiding the research. After a brief historiography of education policy in the European Union and a description of the functioning of the Bologna Process and its objectives, the study moves on to the data analysis. The study argues that the European Commission, through its ability to coordinate and to form public opinion, is able to influence the Bologna Follow-Up Group and, consequently the policy-making of the Bologna Process, aiming at establishing a European Higher Education Space as well as a European Research Area. Finally, the study gives recommendations on further avenues for research.