Economic approach toward assessment of antimonopoly law efficiency

TERRA ECONOMICUS, , Vol. 11 (no. 3.1),
p. 62-71

The urgency of antimonopoly law efficiency estimation under the modern conditions is readily apparent from creation of The Common Economic Space (CES) by Russia, Kazakhstan and Byelorussia and development of common antimonopoly law for member countries. In order to make developed law satisfy the requirements, it is necessary to base projectable institutes on modern conception of efficiency. In spite of the fact that CES antimonopoly law is of recommendatory nature, there can be no doubt that it will be the main guideline for further development of Russian antimonopoly policy; it will, thereby, indirectly determine the realities of Antimonopoly regulation, causing strong influence on business activity in the Russian Federation. As a result, there is necessity to assess efficiency of antimonopoly law norms. The article presents an approach to the conception of antimonopoly law efficiency; the influence of antimonopoly law on competition development and public welfare is shown.

Keywords: law and economics, law efficiency, antimonopoly law

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606