ON SOME TRENDS TOWARD THE MARKET POWER CONCENTRATION AND THEIR CONSEQUENCES Cover Image

ПРО ДЕЯКІ ТЕНДЕНЦІЇ ДО КОНЦЕНТРАЦІЇ РИНКОВОЇ ВЛАДИ ТА ЇХНІ НАСЛІДКИ
ON SOME TRENDS TOWARD THE MARKET POWER CONCENTRATION AND THEIR CONSEQUENCES

Author(s): O.Z. Vatamaniuk, O. B. SALOVSKYI
Subject(s): National Economy, Financial Markets, Marketing / Advertising, Socio-Economic Research
Published by: Національний юридичний університет імені Ярослава Мудрого
Keywords: competition; market power; markup; concentration; concentration ratio; mergers and acquisitions; antitrust legislation;

Summary/Abstract: The features of the recent trend toward market power concentration in developed economies, along with its main determining factors are studied. The most important effects of this process, namely the strengthening of dominant firms’ positions, the slowdown of entrepreneurial activity in the economy, the decline in labor income share, as well as the reduction of monetary and fiscal policy efficiency, are analyzed.

  • Issue Year: 4/2023
  • Issue No: 55
  • Page Range: 6-20
  • Page Count: 15
  • Language: English
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