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The impact of antimonopoly norms on the fi rm boundaries: the experience of the Russian antitrust legislation

русская версия

Опубликовано на портале: 20-04-2011
The impact of certain norms of anti-monopoly legislation on the comparative costs of intra and inter-firm transactions of Russian companies is investigated. It is shown that some changes in the Russian anti-trust legislation over the past four years, lead to lowering the cost of the business organization (the rules mergers), some have ambiguous (criminal liability for abuse of dominance) and some (illegality of vertical restraints, concerted actions and monopolistically high prices) unfavorable impacts on the development of the Russian company model. In some cases, stricter anti-trust legislation, creating a basis for I and II error types, can not only initiate but directly impedes competition.
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