Antimonopoly Policy in the USSR

Published date01 March 1992
AuthorVladimir E. Capelik
Date01 March 1992
Subject MatterArticle
The Antitrust Bulletin/Spring 1992
Antimonopoly policy in the USSR
The problem of monopolization in the Soviet economy is very
complex. The whole management structure of the economy has a
monopolistic character. Ever since 1917, antimonopoly legislation
has not existed in the USSR. The beginning of demonopolization
would lead to the destruction of state monopolies and of the old
system of management, and mean the transition to the market
Iwill consider the problem of monopoly in several aspects.
First, the definition of monopoly. Second, the level of industrial
monopolization. Third, monopolistic actions. Fourth, the main
directions of antimonopoly policy in the short term.
Before Istart my report, Ihave to stress one problem of pres-
ent financial imbalance in the economy. While an administrative
command system of management has such inherent features as
chronic shortage, shortages have grown rapidly and resulted in the
full demolition of the market in recent years. Such a situation cre-
ates the equivalent of monopoly positions for each producer or
seller. Under the condition of excessive demand over commodity
supply, the market is divided into separate parts. Each part, then,
*Vice Chairman, Russian Council for Demonopolization andCom-
e1992 by FederalLegal Publications, Inc.

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