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. BykadorovRussian Federation
Candidate of Physical and Mathematical sciences, Senior Researcher, Associate Professor
S. . Kokovin
Russian Federation
Candidate of Physical and Mathematical Sciences, Researcher
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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.)