EU ANTITRUST: HOT TOPICS & NEXT STEPS

Prague, Czechia

EU ANTITRUST: HOT TOPICS & NEXT STEPS 2022

Figure 9. Trends of the indicators

Source: Own elaboration (2021)

5. Conclusion The effectiveness of competition law enforcement or competition policy in general, therefore the implementation of laws that regulate competition in particular, is a very important area within the legal framework of a national economy. The importance is reflected on the one hand as a vehicle for consumer protection and on the other hand as a basis for improving the competitiveness of a national economy both in terms of attracting foreign investment and the export potential of individual businesses. Of course, the correlation between individual macroeconomic indicators and the effectiveness of antitrust policy can be recognized through monitoring the trend of individual indicators in the context of the index of effectiveness of antitrust policy of individual national economies. After recognizing the trends of individual variables in a certain period of time, it is possible to analyse them by recognizing the existence or non-existence of a correlation between these macroeconomic indicators and indicators of the effectiveness of competition policy. It can be clearly seen that with the growth of GDP in a national economy, the application of competition policy through the application of competition law increases, which in turn increases the competitiveness of a national economy, which again leads to GDP growth, that is, mutually supportive and correlative, as is often the case in modelling relations in the economy. The price of goods and services can be viewed as a function of production or supply and vice versa the quantity of goods and services produced or offered on the market can be viewed as a function of price. In this regard, it is possible to recognize that the coefficient of effectiveness of antitrust policy in a national economy is positively

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