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Methodological Problems of Relevant Market Definition in Implementation of Competition Policy

Author

Listed:
  • Irina V. Gagarina

    (Department of the Federal Antimonopoly Service in Kurgan oblast)

Abstract

The article examines the quality of a procedure of defining product and geographic boundaries of a market during realisation of competition policy by antitrust authorities and territorial subjects of the Russian Federation. The scientific and professional communities recognize the existence of methodo? logical problems of relevant market definition in the practice antitrust regulation, further confirmed by the judicial practice. The consequences of mistakes in definition of relevant market can be significant, because they exert a direct impact on economy of both particular markets and regions in general. The author proposes to establish uniform standards for application of the hypothetical monopolist test in antitrust research, justifies the need for the development of an institution for relevant market definition during implementation of competition policy by the constituent entities of the Russian Federation, and validates the procedure for researching markets for this purpose

Suggested Citation

  • Irina V. Gagarina, 2018. "Methodological Problems of Relevant Market Definition in Implementation of Competition Policy," Journal of New Economy, Ural State University of Economics, vol. 19(2), pages 88-100, April.
    • Handle: RePEc:url:izvest:v:19:y:2018:i:2:p:88-100
    DOI: 10.29141/2073-1019-2018-19-2-7
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    References listed on IDEAS

    as
    1. Michael J. Mandel, 1999. "Going for the Gold: Economists as Expert Witnesses," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 113-120, Spring.
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    More about this item

    Keywords

    definition of relevant market; product market; geographic market; state competition pol? icy; Standard of competition development; methodological approaches; antitrust authorities; territorial subjects of the Russian Federation.;
    All these keywords.

    JEL classification:

    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General

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