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SOME LEGISLATIVE AND PRACTICAL ASPECTS OF MONOPOLY DETERMINATION

Due to market globalization, the role of competition authorities becomes more important.
Ukraine is not exclusion in this context. Exclusive competence of national competition authorities to determine a monopoly is commonly accepted in the world.
In such case, it’s impossible to implement efficient regulation of monopolies and to maintain favorable conditions for business without well balanced approach to the study of the commodity market and determination of monopoly (dominant) position of business entities.
Notwithstanding the fact, that the dominant position on certain market does not lead to a fine for the entity, but the mere fact of monopoly bears many risks for such entity.
More details in article of senior counsel Mykola Barash and lawyer Andrii Pylypenko. Link:
http://yur-gazeta.com/publications/practice/antimonopolne-konkurentne-pravo/deyaki-zakonodavchi-ta-praktichni-aspekti-viznachennya-monopolnogo-stanovishcha.html