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Full Description
Even in developed capitalist economies, markets function poorly without regulation by competitive forces. The countries that once were part of the Eastern bloc are introducing market forces into industries created according to the monopolistic logic of central planning, so that competition policy plays an important role in the transition to capitalism. This interdisciplinary study examines how barriers to the development of competitive markets and competition policy are being overcome in Russia, Poland, Hungary, and Mongolia. A group of U.S., Russian, and East European specialists explores the institutions and programs of competition policy as well as its role in the overall post-Communist transition. Providing a complete, comparative picture of the development of competition policy in a broad cross section of formerly socialist countries, the contributors consider the extent of the post-Communist monopoly problem as well as progress in de-monopolization.
Contents
From Monopoly Socialism to Market Capitalism -- Competition Policy and De-monopolization in Hungary After 1990 -- Antimonopoly Policy and Monopoly Regulation in Russia -- Antitrust and the Evolution of a Market Economy in Mongolia1 -- Industrial De-monopolization and Competition Policy in Poland -- Competition Policy for Natural Monopolies in a Developing Market Economy1 -- Natural Monopoly Regulation: A Comparison of Hungarian and Russian Telecommunications -- Post-Communist Competition Policy: Conclusions and Suggestions
