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Multifunctional Antimonopoly Bodies in the World Practice: Advantages and Risks
[Многофункциональные Антимонопольные Органы В Мировой Практике: Преимущества И Риски]

Author

Listed:
  • Tsyganov, Andrey (Цыганов, Андрей)

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

  • Pavlova, Nataliya (Павлова, Наталья)

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

Abstract

The institutional design of the competition authority is an important element of a successful state competition policy. At the same time, there is no doubt that "one size does not fit everyone", and the optimal choice between different structural alternatives will depend on the specific features of the economy and the institutional environment of a particular country. In the case of the multifunctionality of the antimonopoly body, specific benefits and risks appear that need to be taken into account when reforming the structure of the state apparatus. The article describes the main factors that can influence the choice of a design variant of a multi-functional antimonopoly body, and also analyzes the experience of the latest changes in the structure of the powers of the OECD antitrust authorities. Based on the analysis, several recommendations are proposed in the light of recent changes in the functions of the Federal Antimonopoly Service.

Suggested Citation

  • Tsyganov, Andrey (Цыганов, Андрей) & Pavlova, Nataliya (Павлова, Наталья), 2017. "Multifunctional Antimonopoly Bodies in the World Practice: Advantages and Risks [Многофункциональные Антимонопольные Органы В Мировой Практике: Преимущества И Риски]," Working Papers 031704, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:031704
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    References listed on IDEAS

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    1. George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
    2. Frederic Jenny, 2016. "The Institutional Design of Competition Authorities: Debates and Trends," International Law and Economics, in: Frederic Jenny & Yannis Katsoulacos (ed.), Competition Law Enforcement in the BRICS and in Developing Countries, pages 1-57, Springer.
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