Set Cover is a classic NP-hard problem; as shown by Slav'{i}k (1997) the greedy algorithm gives an approximation ratio of $\ln n - \ln \ln n + \Theta(1)$. A series of works by Lund & Yannakakis (1994), Feige (1998), Moshkovitz (2015) have shown that, under the assumption , it is impossible to obtain a polynomial-time approximation ratio with approximation ratio , for any constant . In this note, we show that under the Exponential Time Hypothesis (a stronger complexity-theoretic assumptions than ), there are no polynomial-time algorithms achieving approximation ratio , where is some universal constant. Thus, the greedy algorithm achieves an essentially optimal approximation ratio (up to the coefficient of ).

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