EU ANTITRUST: HOT TOPICS & NEXT STEPS

EU ANTITRUST: HOT TOPICS & NEXT STEPS 2022

Prague, Czechia

Figure 8. EAP and IEQ correlation and regression model

Source: Own elaboration (2021) Figure 9 shows the movement of the indexes of different variables that are interesting for tracking changes in state capacity and dynamic of competition law enforcement. Hence, it could be seen movement of the intensity of local competition-ILC, the extent of market dominance-EMD and ethics and corruption value-ECV. If we look at the indicators related to the intensity of local competition-ILC (World Bank, 2007–2017a), the extent of market domination EMD (World Bank, 2007–2017b), and Ethics and corruption value-ECV (or CL), certain patterns of movement of these indicators can be applied. If the ILC and ECV values are observed in isolation, a certain dependence can be seen where the increase in the value of the ECV (or CL) decreases the ILC value and vice versa, so that the inverse relationship between these values can be clearly indicated. This means that with the increase in the intensity of corruption in a society, the capacity of application of competition law and ensuring competitiveness between economic entities in a certain economy decreases.

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