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Reallocation Effects of Antimonopoly Policy

https://doi.org/10.32609/0042-8736-2015-9-65-88

Abstract

The article argues that application of antimonopoly remedies can reallocate costs and benefits between market participants. Efforts of competition authorities to implement “price cap” indicators on concentrated markets do not always lead to reallocation of recourses to more efficient market participants and value added. A static choice of indicator can set up new adaptational risks. Also macroeconomic instability and shifts of distribution channels bring more uncertainty for business. The paper shows how much application of different price indicators for internal markets of export-oriented goods may cost to suppliers and consumers.

About the Author

T. Radchenko
Analytical Center for the Government of RF (Moscow, Russia); Center for Competition and Economic Regulation Research, Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia)
Russian Federation


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Review

For citations:


Radchenko T. Reallocation Effects of Antimonopoly Policy. Voprosy Ekonomiki. 2015;(9):65-88. (In Russ.) https://doi.org/10.32609/0042-8736-2015-9-65-88

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ISSN 0042-8736 (Print)