Antimonopoly Regulation as the Main Direction of Regulatory Framework of Business Activity

Abstract

The paper examines the features of antimonopoly regulation of business activity in the context of regulatory framework. Based on the analysis of competition legislation and the standpoints of modern researchers in the field of antimonopoly regulation, the author identifies the mechanism for changing the structure of the commodity market, as well as the mechanism for implementing market power. Antimonopoly regulation is the main area of normative regulation of business activity, in which public interests prevail over private ones, limiting freedom of business activity, which, in turn, requires a more thorough development of the state’s position in relation to business entities. It is emphasized that a complete ban on monopolies is inappropriate, since they often act as a source of technological changes in society. In addition, within the framework of the state competition policy, public interests are realized and the development of certain sectors of the economy is supported. As a result of the study, the author concludes that the use of prohibitions per se should not become a general rule in the implementation of antitrust regulation, and it is necessary to define clear criteria for the use of these prohibitions.