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The Scylla and Charybdis of antitrust enforcement in the context of the socio-economic crisis caused by the COVID-19 pandemic

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  • Knyazeva, Irina

    (RANEPA (Siberian Institute of Management Russian Presidential Academy of National Economy and Public Administration))

Abstract

The article deals with the issues of permissibility of market regulators ‘ intrusion into the system of functioning of markets , measures and limits of potential support for market agents of national economies, as well as the limits and permissibility of loyalty to the implementation of the values of competition law in the conditions of the exogenous shock of the COVID-19 pandemic and the post-recovery period. Rapid response measures are identified and summarized in cases of predatory pricing, coordinated policies, mergers, and government assistance. Prospects for the transformation of certain antitrust regulations, including methodological formalization of permissive provisions and rules for the admissibility of anti-competitive manifestations, as well as the determinants of proving monopolistically high prices or violations of the pricing procedure, are outlined. The summary presented by the author reflects not only the scientific controversy, but also the range of broad public discussion of market regulators, business associations and communities on competition issues during the pandemic period in March-April 2020

Suggested Citation

  • Knyazeva, Irina, 2020. "The Scylla and Charybdis of antitrust enforcement in the context of the socio-economic crisis caused by the COVID-19 pandemic," Journal of Modern Competition, Synergy University, vol. 14(2), pages 5-25.
    • Handle: RePEc:snr:mdrcmp:v:14:y:2020:i:2:p:5-25
    DOI: 10.37791/1993-7598-2020-14-2-5-25
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