Abstract

Effectiveness of antitrust policy is actively discussed within the framework of both economic theory and practice of government regulation. Although the antimonopoly legislation in the modern sense has formed relatively recently, the theory of antimonopoly regulation was established over centuries under the influence of the greatest economists of the past and historical processes. The most important stages in the development of this theory are examined. The contribution of ancient philosophy and politics in the formation of basic ideas on competition and monopoly is analyzed. The revolution produced by classical political economy is studied. Specific (but historically important) Marxist and socialist positions on competition, free trade and monopolization are demonstrated. It is shown that these complicated historical discussions are important for solving current problems in the field of competition.

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