Political and Economic Decisions and Competition – What is the Efficient Antimonopoly Policy?
DOI:
https://doi.org/10.15549/jeecar.v1i1.48Keywords:
Competition, Georgia, Antimonopoly Policy, Communications Market, Insurance MarketAbstract
This article discusses the influence of economic decisions which affect the antitrust and competition support policies. Many countries provide governmental initiatives for improving antirust legislation. There is an effort to develop efficient legislation, to define market boundaries, to identify dominating companies, and to prevent cartel development. A review of the literature has shown that refined legislation does not work. Qualified and non-politicized economic decisions are required to provide fair and equitable competition in the marketplace. The discussions of various researchers are profiled on the economic issues. This article analyzes The Republic of Georgia’s 20 year unique market experiences in Eastern Europe. Recommendations have been proposed to increase the effectiveness of an anti-monopoly policy.
References
Friedman. M. (1982). Friedman, Milton & Rose D. Capitalism and Freedom. University of Chicago Press.
Heyne. P., Boettke, P., and Prychitko, D. (2009). The Economic Way of Thinking, 12th ed.
Massimo, M. (2004). Competition policy: Theory and practice. Cambridge University Press.
http://www.globalcompetitionforum.org.
http://www.gncc.ge/files/3100_2949_681569_ANNUAL%20REPORT%202012.pdf.
http://www.insurance.org.ge/index.php?a=main&pid=215&lang=geo.
http://www.moh.gov.ge/files/01_GEO/Angarishi/Mediacia/Mediacia-2012.pdf.
http://www.oecd.org/competition/toolkit.
Papava V. Competition is necessary. Personal communication, N. Kvlividze, n.d.
The Georgian antimonopoly service report for 2004.
The Georgian law on consumer rights protection. March 20, 1996 (#151).
The Georgian law on free trade and competition. June 3, 2005 (#1550).
The Georgian law on monopolistic activity and competition. June 25, 1996 (#288).
The “Kviris Palitra” Newspaper, No.18 (635). April 30 – May 6, 2007 (in Georgian).
World Economic Forum - The Global Competitiveness Report 2013 – 2014.
Downloads
Published
How to Cite
Issue
Section
License
The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.
This journal applies the Creative Attribution Common License to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY 4.0 license.
Authors are free to: Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
No additional restrictions — The author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.
