Wide Prospects and Ravines of Competition Policy

Широкие перспективы и овраги конкурентной политики

Andrey Shastitko and Pavlova, Natalia S. (Павлова, Наталья) ()
Additional contact information
Pavlova, Natalia S. (Павлова, Наталья): Russian Presidential Academy of National Economy and Public Administration

Ekonomicheskaya Politika / Economic Policy, 2018, vol. 5, 110-133

Abstract: The goals of competition policy have been a subject of debate almost since its inception. Competition agencies in developing countries are tasked with a wider range of goals than their counterparts in developed countries due to specific traits of the economic and institutional environment of the former. Goal complementarity, path-dependence, comparative efficiency of other government agencies and market characteristics specific to developing countries might make antitrust tools more effective and efficient in dealing with problems that are not strictly antitrust-related. However, no goals are 100% complementary, and can sometimes come into conflict. The mechanisms chosen to prioritize the goals can influence the outcome for competition as well as social and consumer welfare. Additionally, even if the goals are conventional, they can be misinterpreted in the course of implementing competition policy. The paper examines Russia’s recent National Plan for the Development of Competition in the Russian Federation for 2018-2020 and some of the goals postulated there to show how they correspond to the theory of industrial organization and the principles of law and economics. A similar analysis is done on the recent Report on regional development of competition in its section on cartels, which shows how the indicators chosen by the FAS Russia to evaluate its cartel policy can shift the emphasis of enforcement, lead to enforcement errors and distort the incentives of the authority itself as well as economic entities.

Keywords: goals of antitrust; goals of competition policy; industrial policy; cartel policy. (search for similar items in EconPapers)
JEL-codes: K21 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://repec.ranepa.ru/rnp/ecopol/ep1842.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:ecopol:ep1842

Access Statistics for this article

Ekonomicheskaya Politika / Economic Policy is currently edited by Vladimir Mau

More articles in Ekonomicheskaya Politika / Economic Policy from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().