Abstract
As a result of world globalization, competition in the markets for goods and services is also becoming global. Since national market participants are under pressure from foreign competition, when defining geographic boundaries, consideration should be given not only to agreements and actions in the domestic market, but also to the behavior of foreign competitors. This leads either to the expansion of the geographical boundaries, or to the inclusion in the economic analysis of factors external to the relevant market, explaining the state of world stocks / shortages of goods and the price movement. The article provides a comparative analysis of approaches to geographical market defi-nition, taking into account foreign competition (actual and potential). The theory of industrial organ-ization and the new institutional economic theory are used as a methodological basis for the study. The results of the study indicate the need to use a “broad” approach in defining the relevant market, that is, based on the analysis of commodity flows, potential competition and switching costs.
Highlights
Since national market participants are under pressure from foreign competition, when defining geographic boundaries, consideration should be given to agreements and actions in the domestic market, and to the behavior of foreign competitors
The article provides a comparative analysis of approaches to geographical market definition, taking into account foreign competition
The theory of industrial organization and the new institutional economic theory are used as a methodological basis for the study
Summary
Импортные товарные потоки оказывают влияние на принимаемые решения как на стороне спроса, так и на стороне предложения:. − при этом национальные производители вынуждены учитывать конкурентное давление со стороны иностранных поставщиков (рассматриваются как уже действующие на рынке поставщики, так и потенциальные игроки рынка, имеющие технологические и экономические возможности входа на релевантный товарный рынок). Уже в 1984 году Федеральная торговая комиссия США (FTC) отметила тот факт, что географические границы государств не могут в полной мере соответствовать географическим границам товарного рынка (O'Brien, 1985) в силу возросшего конкурентного давления со стороны импорта. Эффекты конкуренции со стороны импорта должны учитываться при определении продуктовых и географических границ товарного рынка в ходе антимонопольного анализа. В антимонопольной практике можно выделить три основных подхода к определению географических границ рынка с учетом иностранной конкуренции: теория переадресации продаж, метод товарных потоков и метод пространственной заменяемости
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Scientific Research of Faculty of Economics. Electronic Journal
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
