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Evolution of competition landscape in recent decades traced in EU Commission report

( June 25, 2024, 09:00 GMT | Official Statement) -- MLex Summary: The European Commission has published a report on the evolution of competition in the EU over the past 25 years, based on research conducted by the OECD, a consortium of researchers led by the Lear economics consultancy and the commission itself. The report finds that on average and across a wide range of sectors, EU industries have become more concentrated and less dynamic, while markups and profits have increased. This could have negative effects for consumers, on the competitiveness of EU firms and on overall economic growth.Report attached....

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