The causes and the role of unfair competition at modern industry markets

Development and protection of competition is one of the main directions for the implementation of the economic policy of the state and require a systematic and theoretical understanding of the emerging trends. Therefore, without government interference, competition can also cause negative trends, such as conducting unscrupulous methods of struggle, abuse of dominant position, which adversely affects the parameters of the functioning of the market. This article deals with unfair competition as a result of the intensification of competition in the markets. The authors analyzed the approaches to the interpretation of the concept of «unfair competition**, the reasons for its emergence and further development. Competition always serves as a prerequisite for the emergence and development of unfair competition. Thus, the complete elimination of unfair competition is not possible, and as a result, state policy aimed at combating unfair competition can only minimize its level. Unfair competition is aimed not only at infringement of the interests of competitors, but also on the state and always involves violation of legislation and morality. Unfair competition requires control by the state, as it serves as a source of shadowing of markets, which can negatively affect the economy of the country as a whole.