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Analysis of Differences in the Systems of Anti-Monopoly and Regulatory Policies of States

Author

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  • Artem Ivanov

    (Vasyl’ Stus Donetsk National University, Ukraine)

Abstract

The article analyzes the term "competition" and perception of this notion given by various prominent economists. The evolution of understanding of the concept of "competitive market" has been considered. The article identifies the differences between the activities of anti-monopoly committees in countries such as the United States of America, the United Kingdom, Japan, Germany, Spain, and France. Particular attention was paid to the development of the legislative framework in these countries. The comparative characteristics of the responsibility areas of the antitrust agencies in the European Union and the United States of America has been provided. The study established that antitrust policy in the European Union is more liberal.

Suggested Citation

  • Artem Ivanov, 2020. "Analysis of Differences in the Systems of Anti-Monopoly and Regulatory Policies of States," Electronic magazine "Dialogue", D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 43-51.
    • Handle: RePEc:dat:dialog:y:2020:i:1:p:43-51
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    File URL: http://hdl.handle.net/10610/4247
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    More about this item

    Keywords

    competition; monopoly; antimonopoly committee; Sherman Act; Federal Trade Commission Act; Clayton Act;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations

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