EU ANTITRUST: HOT TOPICS & NEXT STEPS

EU ANTITRUST: HOT TOPICS & NEXT STEPS 2022

Prague, Czechia

Figure 6. EAP and FDI correlation and regression model

Source: Own elaboration (2021) Furthermore, Figure 7 implies that care should always be taken to establish a system or institution that aims to eliminate corruption if a state wants to ensure a higher intensity of competition law implementation, therefore resort to competition activities of a competition council in a national economy because the competition council alone cannot achieve satisfactory results. In this case, a negative slope of the line can be clearly seen on the diagram, which indicates a negative correlation between the level of corruption and the implementation of competition law index, where through deeper analysis using single linear regression model it can be seen that 25% of the change of variance in EAP index can be explained by changes in corruption level. On the other hand, if we look at the regression equation in this supposed model, it is possible to notice a decreasing linear function negative sign in front of X, which specifically represents that increasing value of Corruption Index-CI will produce decline in the effectiveness of antimonopoly policy enforcement.

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