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Antimonopoly Legislation of Ukraine: Problems and Prospects

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.66, No. 4)

Publication Date:

Authors : ;

Page : 5-10

Keywords : antimonopoly law; competition; destructive competition; institutions; cross-control;

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Abstract

The article analyzes the state of development of institutions aimed at curbing destructive competition in Ukraine. Quantitative and qualitative indicators characterizing the level of destructive competition in Ukraine are analyzed. It was found that there is a tendency to reduce the total number of violations of legislation on protection of economic competition for 2014-2020. Among the most common violations of destructive competition are abuse of monopoly, anti-competitive actions, anti-competitive concerted actions and unfair competition. The analysis of the regulation of destructive competition shows that Ukraine's antimonopoly law needs further development, despite the positive feedback from leading EU and USA lawyers. It was revealed that the new stage of development of institutional support to overcome destructive competition requires improvement of antitrust legislation and the practice of its law enforcement. The directions of improvement of institutes of restraint of destructive competition in Ukraine according to the best international experience, and also essential increase of efficiency of activity of antimonopoly bodies at the expense of functional and structural delimitation of powers of Antimonopoly committee of Ukraine with use of cross-control are offered.

Last modified: 2022-08-04 03:51:26