Companies’ interaction in the markets of joint productsin the context of the antitrust law enforcement

Author:

Shastitko A.1

Affiliation:

1. Russian Presidential Academy of National Economy and Public Administration; New School for Social Research

Abstract

The article considers the particularities of the relations between companies in the markets of joint products in Russia. These particularities correspond, first, to the production technology, when one input through unit production process gives several products; second, to the consequences of the privatization of production facilities created during the Soviet Union period. The article offers a game theory model that shows how companies may use antitrust authority in their interaction strategies. This in addition to other reasons might explain the amount of cases on the abuse of dominant position where companies, which produce joint products, are involved.

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference19 articles.

1. Golovanova S. V. (2013). The doctrine of key facilities in the Russian antimonopoly policy: Basic factors and risks of using. Ekonomicheskaya Politika, No. 3, pp. 126—143. (In Russian).

2. Coase R. (1993). The firm, the market and the law. Moscow: Delo. (In Russian).

3. Shastitko A. E., Meleshkina A. I., Shastitko A. A. (2015). Cost allocation, regulation and incentives under goods joint production. Vestnik MSU, No. 1, pp. 18—40. (In Russian).

4. Shastitko A., Shastitko A. (2015). Markets of joint products: Theoretical model and policy implications. Voprosy Ekonomiki, No. 2, pp. 104—122. (In Russian).

5. Ulitsky L. I. (1960). Economic issues of the coke-chemical industry. Moscow: GNTI Literatury po Chernoy i Tsvetnoy Metallurgii. (In Russian).

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. The curse of antitrust facing bilateral monopoly: Is regulation hopeless?;Russian Journal of Economics;2018-06-30

2. Antitrust in bilateral monopoly;Voprosy Ekonomiki;2017-08-20

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