Current Issues of Commodity Markets Analysis for the Antitrust Regulation Purposes

Abstract

The paper raises a number of issues related to the analysis of the state of competition in commodity markets in modern conditions. In particular, the specifics of defining the market in relation to differentiated goods, multilateral markets and digital platforms, and innovative products are considered in detail. In the context of informatization and the dynamic development of the digital economy, big data is the most important resource ofmany large companies and, accordingly, there are many antitrust aspects of their use. The paper describes the role of big data in market analysis, including situations in which it can lead to anticompetitive harm, as well as its impact on consumer rights. The paper analyzes approaches to the state of competition in the market, taking into account such phenomena as the digital economy, network effects and big data. However, it is noted that at present, the most common is a full-fledged economic analysis, which weighs the positive and negative consequences actions of business entities in the market. The authors conclude that traditional market analysis tools are not always able to assess the state of competition properly. In addition, it is emphasized that in the absence of unequivocal answers to the challenges of the digital economy in the field of market analysis, there is a need for further scientific research on a number of problems in analyzing the state of competition in product markets.