Commentary on the article “Evolution of economic analysis in the system of competition policy in Russia”

Author(s):  
I. V. Bashlakov-Nikolaev

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2021 ◽  
Author(s):  
Pier Parcu ◽  
Giorgio Monti ◽  
Marco Botta

Author(s):  
Stephen Wilks

This chapter examines the European Union’s competition policy and how its effectiveness has steadily increased in terms of controlling restrictive practices, abuse of dominant position, mergers, state aid, and the liberalization of utilities. It considers how the central dominance of the Directorate-General for Competition (DG COMP) in the European Commission has been perpetuated and how competition policy has become a supranational policy competence which can be regarded as an ‘economic constitution’ for Europe. The chapter also discusses the decentralization of antitrust enforcement to the national agencies and courts through the ‘Modernization Regulation’ of 2003, as well as a ‘turn to economics’ in which economic analysis has been substituted for legal tests to move towards an ‘effects-based’ (effect on competition) interpretation of the law.


Author(s):  
I. V. Gagarina

Economic analysis is one of the key elements of the state competition policy system. The issue of the quality of analytical research carried out by the antimonopoly authorities has been topical and highly controversial for many years. Many scientific works have been devoted to the role of economic analysis in Russian antitrust, the most significant contributions were made by I. V. Knyazeva, A. G. Tsyganov, A. E. Shastitko, S. B. Avdasheva, A. A. Kurdin. This study proposes the stageization of the evolution of economic analysis depending on the processes of transformation of competition policy in the country, and, as a consequence, the development of the powers of antimonopoly authorities. The article outlines the prerequisites for a new stage in the evolution of economic analysis, due to the transition of traditional markets to a new business format — digital, the emergence of new markets based on IT-technologies. The new philosophy of market regulation requires fundamentally new methodological approaches to assessing the state of competition in them.


Author(s):  
Irina V. Gagarina

Competitive situation assessment is typically the first essential stage of making regulatory act by competition authorities. Consequently, efficiency and effectiveness of competition authorities’ activity hinges on quality of carrying out analytical research. Analysis of competition situation as a stage of antimonopoly regulation is different from marketing research, as its aim is to answer the questions which must be solved on the level of enabling legislation. The procedure of research and methodological approaches to economic analysis are regulated and defined by the aims of law enforcement, and by specific character of sectoral market functioning. However, antimonopoly authority does not have a right to deviate from imposed requirements, otherwise regulatory act based on the results of competitive situation assessment can be invalidated. Nowadays, issues of applying methodological approaches to competitive situation assessment at the market as well as quality improvement of economy analysis and transparency of such work for society are on the front burner. The current article follows the paper “Means of competitive situation at the market assessment, applied by antimonopoly authority in the course of state competition policy” and it includes the characteristics of the stages of research, general and specific requirements of their applying, generalization of views concerning methodological approaches to economic analysis under every stage. Means of competitive situation at the market assessment has been represented in such arrangement for the first time. Provided research results can be used for scientific, practical, and educational purpose under such disciplines as “Competition Law” and “Competition Policy”.


Author(s):  
M. FG. Scott

Tom Wilson's long career as an economist took him from Belfast to the London School of Economics, Whitehall (during the Second World War), Oxford, Glasgow, and finally Bristol; and the subjects which interested him ranged as widely. His method, however, in addressing them followed a pattern. It was eclectic: the different sides of the argument were fairly set out and criticised. Tom could usually find some virtue in each, and took the trouble to inform himself about them. His economic analysis was not mathematical or econometric, and seldom even diagrammatic. As it was often the policy implications of economic problems which interested him, he could not stop at simplified models of reality which left out some of the relevant variety and complexity of experience. His books on macroeconomics, regional policy, planning, the welfare state, and competition policy, drew on these strengths, and they shine forth most clearly in two written towards the end of his life: on Lord Cherwell's advice to Churchill during the war and on the Ulster tragedy.


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