scholarly journals New Approach to State Protection of Competition

2021 ◽  
Vol 12 (6) ◽  
pp. 1415-1420
Author(s):  
Adalat Muradov, Rovshan Akbarov, Nazim Hajiyev
Keyword(s):  
Competition Law ◽  
Transitional Economies ◽  
Business Community ◽  
New Approach ◽  
Economic Relations ◽  
Global Space ◽  
Dominant Firms ◽  
Economic Reality ◽  
Modern Economic ◽  
Business Behavior

The aim of the article is to improve the possibilities for learning and applying practical tips on competition protection, and to develop ways to promote competition and economic growth that will enhance the prosperity of the economy and society. It is important that the goal of competition protection is to create conditions that will lead to a more competitive market structure and business behavior without direct intervention from the competition body. Note that the most disadvantageous alternative to the competition body is the application of close and lasting control of the dominant firms by competition law. This alternative results in more inadequate funding by requiring more resources. Modern economic reality, characterized by the transformation of economic relations, business globalization, integration of transitional economies into the global space, makes the development of competitive relationships more important for improving economic and innovation performance. As a result, it has been established that a successful market economy requires a competitive culture within the country. Both consumers and the business community need to be aware of their competitive policies and how they can benefit from it. Competition agencies play an important role in this learning process.

scholarly journals On Some Issues of Staff Training for the Innovation Economy

2017 ◽  
Vol 6 (2) ◽  
pp. 44-51
Author(s):  
Быкова ◽  
O. Bykova ◽  
Ольховская ◽  
M. Ol'hovskaya
Keyword(s):  
Educational System ◽  
Staff Training ◽  
Educational Process ◽  
New Approach ◽  
Economic Relations ◽  
Enabling Environment ◽  
Modern Economic ◽  
Innovation Economy

A process for the implementation of modernization of all aspects of the economy and culture of contemporary Russia to the forefront of the educational process of creating an enabling environment conducive to the formation of creative and managerial classes across the country, and for that we need a new approach to training, the construction of a new educational system focused on modern economic relations.

Oligopoly Theory and the Agreement Requirement

2013 ◽  
Author(s):  
Louis Kaplow
Keyword(s):  
Game Theory ◽  
Ab Initio ◽  
Repeated Games ◽  
Competition Law ◽  
Oligopoly Theory ◽  
Modern Economic ◽  
The Relationship

This chapter assesses the relationship between modern oligopoly theory and the meaning of the agreement requirement. Because competition law seeks to regulate oligopoly behavior and, moreover, to ground such regulation in modern economic understandings, it would seem to follow that, if the law's notion of agreement reflects economic substance, the agreement requirement would correspond to a core distinction drawn in oligopoly theory. As it turns out, that theory, which is an application of game theory (particularly, that of repeated games), does have an explicit notion of agreement. But this notion refers to binding agreements and thus is irrelevant for present purposes because competition law renders horizontal price-fixing agreements void ab initio.

Vertical Arrangements

2020 ◽  
pp. 124-151
Author(s):  
Rex Ahdar
Keyword(s):  
Large Scale ◽  
Green Light ◽  
Competition Law ◽  
First Century ◽  
Resale Price Maintenance ◽  
Exclusive Dealing ◽  
Dominant Firms ◽  
Resale Price ◽  
Twenty First Century ◽  
Price Maintenance

Then law governing vertical arrangements is a comparatively undeveloped area in NZ competition law. With only resale price maintenance (RPM) expressly prohibited by the Act, it has fallen to the general prohibitions on anticompetitive arrangements and monopolization to address traditional antitrust mischiefs such as exclusive dealing and tying. The leading case on exclusive dealing was heavily influenced by Chicagoan thinking to the degree that the courts gave the green light to durable distribution arrangements that countenanced foreclosure on a large scale and were plainly anti-competitive. However, the few cases on tying have been more fruitful insofar as remedies have been granted to rectify blatant leveraging by dominant firms into related markets. A period of active enforcement of RPM by the Commerce Commission marked the first decade, but the swathe of prosecutions dried up as the twenty-first century began.

Notes on a New Approach to U.S. Economic Foreign Policy

1953 ◽  
Vol 5 (3) ◽  
pp. 302-312
Author(s):  
W. W. Rostow
Keyword(s):  
United States ◽  
Transition Period ◽  
The United States ◽  
Soviet Bloc ◽  
New Approach ◽  
Economic Relations ◽  
Structural Distortions ◽  
Communist Countries ◽  
The International Monetary Fund ◽  
Direct Attack

The purpose of this article is to outline a fresh approach to America's economic relations with the non-Communist world. These proposals envisage a direct attack by the United States and its allies on the structural distortions which have persisted since 1945 in the non-Communist world economy. The chronic dollar shortage of our major allies is taken to be, essentially, a symptom of these more basic structural distortions. The proposals would end, after a transition period, the system of annual Congressional grants to our allies and would substitute for it the combined operation of investment and financial pools. These pools might be built up from the present International Bank and the International Monetary Fund, although they would require operations different in scale and purpose from those now conducted by these institutions. The proposals would apply a common approach to the problems of both the industrialized portions of the non-Communist world and the underdeveloped regions, and would thus combine or coordinate U.S. economic efforts in Europe, Japan, and in underdeveloped areas. It is believed, also, that they would mitigate some of the more serious political friction between the United States and other non-Communist countries and strengthen the non-Communist world as against the Soviet bloc.

scholarly journals HOUSEHOLD IN THE CONSTRUCTION OF GLOBALIZATION: PROSPECTS OF USE OF POLISH EXPERIENCE FOR BELARUS

2018 ◽  
pp. 43-48
Author(s):  
P. YANOVICH
Keyword(s):  
International Economic ◽  
Economic System ◽  
The Political ◽  
Social Cooperation ◽  
Technological Revolution ◽  
Market Participants ◽  
Polish Experience ◽  
Economic Reality ◽  
Modern Economic ◽  
Major Factors

Globalization is considered as one of the major factors shaping modern economic processes. Liberalization and integration of markets, which are based on the achievement of scientific and technological revolution, qualitatively forms the political and economic environment. The global economic system becomes more and more complex. The consequence of that is a change in behavior of market participants – not only enterprises, but also households. In case of Poland, with proper participation in international economic, political, scientific, cultural and social cooperation, it was not until the late 1980s. The last decades for Polish households can be viewed as a period of a new socio-economic reality.

scholarly journals Modern Economic Theory and Economic Problems of the Modern World

2018 ◽  
Vol 28 (3) ◽  
pp. 426-433 ◽  
Author(s):  
Vladimir Gorev ◽  
Olga Djunina
Keyword(s):  
Economic Theory ◽  
Public Relations ◽  
Social Groups ◽  
Modern World ◽  
Theoretical Concepts ◽  
Economic Relations ◽  
Economic Theories ◽  
The World ◽  
Modern Economic ◽  
The Rich

Public relations have always been full of contradictions. The roots of these contradictions are in the system of economic relations. It is not a coincidence that it has always been the task of economics, first of all, to reveal the nature of economic relations and, secondly, to find ways to resolve the social contradictions caused by these relations. The evolution of economic theories reflects the search for ways of solving the problem. Economic theory has constantly experienced pressure of certain social groups at various stages of its development, that benefited from the historical realities developed at the given time. The interest of these social groups have almost always been limited to the desire to prove that the existing system of economic relations is not historically transient, but the eternal and the best possible one. Having excluded production from the system of economic relations, reducing the extent of production relations to market relations, modern economic theories do not go beyond vulgar political economy. The article deals with the problem of property and social inequality, as a factor that slows down economic growth in Russia, as well as the possibilities of modern theoretical concepts to explain the essence of the economic contradictions of the modern world. There have always been poverty and injustice in the world. But if the gap between the rich and the poor has diminished in the last century, the world has returned to its state on the eve of the First World War by the beginning of the 21st century, as far as the degree of inequality is concerned.

scholarly journals Tyumen region cultural framework as an example of a new methodological approach to preservation and use of the region’s cultural heritage.

2021 ◽  
Vol 4 (1) ◽  
pp. 11-28
Author(s):  
P. Shulgin
Keyword(s):  
Economic Development ◽  
Cultural Heritage ◽  
Methodological Approach ◽  
Rural Settlements ◽  
Cultural Framework ◽  
Economic Basis ◽  
Social And Economic Development ◽  
Economic Reality ◽  
Modern Economic ◽  
Methodological Approaches

Cultural  heritage  is  considered  a  special  resource  that  can  play  an  important role  in the  economic development  of the country and its certain regions. The Russian cultural  heritage  use  is  insufficient  and  inefficient,  which  demonstrates  the  need  to  develop new  strategic  approaches  to  realizing  this  important  potential  of  the  country.  The  concept  of forming  a  cultural  framework,  that  can  become  the  organizational  and  economic  basis  for the use of heritage is proposed on the example of the Tyumen region. The framework is being constructed  on  the  interaction  of  cultural  potential  of  both  historical  towns  and  small  rural settlements.  The  article  presents  regional  framework  formation  principles,  framework  centers  and  hubs  of  various  hierarchy  structure,  and  specific  proposals  on  cultural  and  tourist functions  of  individual  historical  settlements  and  territories.  The  planned  strategy  will  contribute  to  the  rational  use  of  cultural  heritage,  the  integration  of  cultural  heritage  into  modern  economic  reality,  the  transformation  of  this  resource  into  a  kind  of  driver  of  social  and economic  development  of  small  historical  towns  and  historical  rural  settlements.  Methodological  approaches  and  principles  laid  down  in  the  strategy  of  the  cultural  framework  of  the Tyumen region can be adopted in other regions of the country.

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