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EFFECTIVENESS OF RETAILER’S MARKET POWER: MONOPOLISTIC COMPETITION OF PRODUCERS

Abstract

In 2000s, Russian  large retailers  captured a large share of the market  and obtained a significant market  power. This change in the market  organization may enhance  or deteriorate social welfare. Public interest in this issue stimulated adoption by the Russian Parliament  (State  Duma)  of the law against  the concentration of trade  in the hands  of a few firms. In this paper  we consider  the question  of efficiency, in terms  of social welfare, this kind of state intervention in the relations  between  retailers  and manufacturers.

 

About the Authors

I. A. Bykadorov
Sobolev Institute of Mathematics SB RAS, NRU NSU, NRU HSE
Russian Federation

Candidate of Physical and Mathematical sciences, Senior Researcher, Associate Professor



S. . Kokovin
Sobolev Institute of Mathematics SB RAS, NRU NSU, NRU HSE
Russian Federation
Candidate of Physical and Mathematical Sciences, Researcher


References

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Review

For citations:


Bykadorov I.A., Kokovin S. EFFECTIVENESS OF RETAILER’S MARKET POWER: MONOPOLISTIC COMPETITION OF PRODUCERS. Vestnik NSUEM. 2014;(1):326-337. (In Russ.)



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ISSN 2073-6495 (Print)