Regulation of trade policy of a private company: theory, practice and implications for antitrust

Tatiana Radchenko () and Andrey Shastitko
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Tatiana Radchenko: Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Ekonomicheskaya Politika / Economic Policy, 2013, 81—105

Abstract: The applied and theoretical aspects of antimonopoly regulation of trade policies of private companies, including the competition authority opened the available alternative instruments regulating trade policies and their possible applications. Through the prism of the selection mechanism of transaction management presented the possible effects of anti-monopoly regulation of trade policy. It is shown that the emerging practice of antitrust regulation of trade policies of private companies shows bias towards the Russian Antitrust economic regulation. One of the results of the implementation of regulation of the designated trade practices - the effect of "creeping regulation". The intervention of the antitrust authorities in the activities of a single economic entity may result from substituting its task: instead of protecting and creating conditions for the development of competition authority deals with the protection of the interests of certain groups of consumers, ensure the satisfaction of their demands and conditions of interaction with the individual business entity. The use of tools of the economic theory of transaction costs can cause a depletion effect of structural alternatives of transaction management.

Keywords: trade policy; transaction; competition policy; non-discriminatory access; price regulation (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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