We have now seen that an approach of that sort can step too far back... We now can see that if you step too far back, trends can develop in a way which creates trouble, and that there needs to be, I think, more self-confidence in the regulatory world to be prepared to step in at an earlier stage and to challenge the judgments of the markets.” 5 11.
Numerous economic studies have documented the positive link between competition and innovation. 7 However, the nature of this link is not simple and we should deepen our knowledge of a number of issues here.