On Designing a Legal Institution (Regime) Prohibiting a Significant Increase in the Price of Socially Significant Goods in the Antimonopoly Legislation
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On Designing a Legal Institution (Regime) Prohibiting a Significant Increase in the Price of Socially Significant Goods in the Antimonopoly Legislation
Annotation
PII
S1605-65900000622-5-1
Publication type
Article
Status
Published
Authors
Igor Bashlakov-Nikolaev 
Occupation: Associate Professor
Affiliation: Institute of Public Administration and Civil Service, Russian Presidential Academy of National Economy and Public Administration
Address: Moscow, Russia
Edition
Pages
43-58
Abstract

The article deals with the issue of creating a new legal institution (regime) to suppress cases of a significant price increase of socially significant goods in the antimonopoly legislation.

Antitrust laws have traditionally been used to prevent price increases. For this, the institutions of the prohibition of abuse of dominant position, the warning on the inadmissibility of violating the antimonopoly law, antimonopoly checks, the warning on the inadmissibility of violating the antimonopoly law, the prohibition of concerted actions that restrict competition, the prohibition of agreements that restrict competition, the prohibition of the coordination of economic activities that restrict competition, are used. However, these institutions are not universal and are limited in their application when it comes to raising prices through monopolistic activity, and, in addition, they are cumbersome and have long response times in cases where the alleged infringer does not voluntarily lower prices. At the same time, based on the social task of preventing price increases in the changed conditions, both post-pandemic and post-sanctions, the state and society are looking for ways to prevent a significant increase in prices. The Draft Law presented by the Federal Antimonopoly Service of Russia is an attempt to include in the antimonopoly legislation a simple and rather “quick” legal institution (regime) in application, aimed at preventing sharp price surges in socially significant commodity markets. The article discusses the question of how this institution correlates with the goals and spirit of the antimonopoly legislation.

Keywords
abuse of dominant position, warning, caution, restriction of competition, prevention of price growth in the commodity market, abuse of the market situation, unscrupulous behavior of market participants, speculative economic policy towards consumers, monopolistic activity, socially significant goods
Date of publication
20.02.2023
Number of purchasers
12
Views
153
Readers community rating
0.0 (0 votes)
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References



Additional sources and materials

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