The Influence of the Russian Antitrust Legislation on Economic Development

Vadim Novikov

Voprosy Ekonomiki, 2003, issue 9

Abstract: The antitrust legislation is traditionally considered as an attribute of free market economy and an incentive to increase public welfare. Critical analysis of the given theses is offered in the article. The author provides a number of theoretical, historical and practical arguments on the negative influence of antitrust legislation on economic development. In his opinion, antitrust measures liquidate competition, acting as a means of protection of non-competitive commodity producers. Under tariff regulation prices are usually established at higher level than under conditions of emulative competition.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2003:id:2077

DOI: 10.32609/0042-8736-2003-9-33-48

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