The aim of this work is the analysis of foreign practice of auctions concerning the stability of the expected revenue. In 1961 W. Vickrey noted that in conditions of risk aversion of the participants Dutch auction is more profitable than English one. In 1984 Maskin and Riley complement that the same result should take place if the auctioneer is risk-averse, and the participants are risk-neutral. Complementing the above works, the author shows the advantage of the first-price auctions in the presence of high risk participants and makes the conclusion, that the same form of auctions should choose risk-neutral organizer of public procurement system, as the participants of the pro- curement system is not neutral to risk. Despite the findings, the author notes consistent implementation of English reverse auctions in the Russian system of public procurement, beginning with 2006. The author shows that, despite the large «random» high efficient e-auctions, the overall efficiency of English reverse auctions in Rus- sia is significantly lower than the less risky auction forms and even lower then «beauty contest», the main competition in which occurs with non-price criteria. The author reveals the negative externali- ties of English reverse auctions in Russia to the market conditions and offers to provide immediate transition of the Russian public procurement to less risky auction forms.
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This article raises the problem of the need for regional governments policy to increase the com- petitiveness of territories, analyzes the place of Russian regions in the ranking of the attractiveness of the regions of the world, presents the main theoretical approaches to regional economic devel- opment, reviewed the international experience of regional competitiveness policy.
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The article deals with the general theoretical definition of the strategy of competitive actions. The author describes the strategic group of competitive action, draws the contours of the strategic management level of competitive action, reveals the classification of types and kinds of competi- tive strategies. For each type of competitive strategies The author indicates the advantages and disadvantages, the base terms of implementation.
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№ 5(47)
31 october 2014 year
Rubric: Antitrust regulation The author: Analytical Centre under the Government of the Russian Federation |
Соблюдение требований антимонопольного законодательства
требует правильного понимания антимонопольных запретов и отделения допустимых
практик от недопустимых. Именно поэтому
экономический анализ имеет огромное значение для применения антимонопольного
законодательств, в том числе и при наложении антимонопольных санкций, и опять же,
именно поэтому работа антимонопольного ведомства должна базироваться на повышении качества экономического анализа и применении наиболее эффективных
и продвинутых его методов.
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The article discusses the problem of choosing time interval for the product market analysis for the
purposes of antitrust investigations.
Decisions of the Antimonopoly body in cases concerning violations of the Antimonopoly legislation
in some cases depend significantly on time frame choice for the analysis of the product market.
The current Antimonopoly legislation clauses concerning the issue have two drawbacks.
The first drawback is ambiguity of the wording “ insignificance of the market participants share
change within the interval analysis».The second is the requirement that all parameters of the market
correspond with the same time interval
The objective of this article is to propose and explain an algorithm of selecting multiple time intervals
for the product market analysis, which would allow to eleminate regulatory drawbacks.
The main idea of the proposed algorithm is as follows. Product market analysis, which is the object
of antitrust investigation, may span multiple time intervals, if within each of these intervals parameters
that allow for distinguishing the given market from all other markets remain unchanged.
Implementation of this idea is based on the conceptual model of the product market that embraces
several key parameters of the market. This conceptual model enables comparison of the market
that existed in a particular time interval and was an object of the antitrust investigation with another
market, which also existed in past, but at a different time period.
If the conceptual models of the two markets coincide it is suggested the market analysis should
include both time intervals. In theory, there may be several such time intervals.
Based on the conceptual model of the market a fundamentally new method to assess stability of
participants’ market shares over time was elaborated.
This method eliminates inherent ambiguity of “ insignificance of the market participants share
change within the interval analysis» clause.
The final part of the article discusses a number of interrelated issues: necessity to include several
time intervals in the base market analysis, different interpretations of the»optimal duration of the
market analysis period»,conceptual model advantages as opposed to the verbal market model,
practical applicability of the proposed method to assess stability of participants’ market shares.
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The article investigates the question on Individual circumstances of administrative responsibility
for offences of Antimonopoly legislation. According to the Code about administrative offences of
the Russian Federation the rules on liability for violation of Antimonopoly legislation are differ from
administrative responsibility for other offences. That is why the author of this article to assume that
it is a separate species of responsibility.
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