Directions of the economic and legal policy regarding demonopolization of the national economy Cover Image

Directions of the economic and legal policy regarding demonopolization of the national economy
Directions of the economic and legal policy regarding demonopolization of the national economy

Author(s): Tetiana Shvydka
Subject(s): Law on Economics
Published by: Національний юридичний університет імені Ярослава Мудрого
Keywords: Legal framework of economic competition; demonopolization of economy; natural monopolies; antitrust and competition policy of a state;

Summary/Abstract: Under conditions of the market transformation of the Ukrainian economy, an issue of protection of competition and putting an end to the abuse of market power by monopolistic entities are of considerable importance. Competition is a determinant factor of pricing and an incentive for development of innovative processes and, simultaneously, a mechanism of exclusion of inefficient business entities from the turnover. Hence, the legislator emphasizes the antitrust and competition policy among the main directions of the state economic policy. This policy is aimed at creation of an optimal competitive environment for the activity of business entities.

  • Issue Year: 3/2015
  • Issue No: 22
  • Page Range: 184-192
  • Page Count: 9
  • Language: English