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The mediator - not what you think (for economic policy lessons)


  • Shastitko, Andrei

    () (NRU HSE)

  • Golovanova, Svetlana

    () (Russian presidental academy of national economy and public administration (RANEPA))


In this paper, the authors attempt to illustrate the risk of incorrect use of terminology in the classification of a commercial practice in the light of the application of economic policy instruments. The focus of the study - the term "intermediary", associated with a fairly narrow functionality respective companies and even the negative socio-economic effects. The paper analyzes the range of issues that are in the organization's area of ??responsibility - a system integrator of complex capital-intensive project. The study shows how the qualification of a commercial practice is not based on the economic analysis of economic activity, but relies on the terminology associated with negative socio-economic effects, is fraught with the risk of erroneous legal conclusions.

Suggested Citation

  • Shastitko, Andrei & Golovanova, Svetlana, 2016. "The mediator - not what you think (for economic policy lessons)," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 43-60, February.
  • Handle: RePEc:rnp:ecopol:ep1603

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    References listed on IDEAS

    1. N. Pavlova & A. Shastitko., 2014. "Effects of Hostile Tradition in Antitrust: Active Repentance versus Cooperation Agreements?," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 3.
    2. Nuno Garoupa & Matteo Rizzolli, 2012. "Wrongful Convictions Do Lower Deterrence," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 168(2), pages 224-231, June.
    3. Pant, Dhruba, 2008. "Implications of bulk water transfer on local water management institutions: a case study of the Melamchi Water Supply Project in Nepal," IWMI Working Papers H041304, International Water Management Institute.
    4. Andrey Shastitko & Svetlana Golovanova, 2013. "Competition Issues Regarding Procurement for Large Companies and Suppliers The Gazprom Case," Antitrust Chronicle, Competition Policy International, vol. 11.
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    More about this item


    intermediary system integrator; economic policy; inhospitable tradition in Antitrust error in law enforcement;

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics


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