SCIENTIFIC APPROACHES TO THE DEFINITION OF THE CONCEPT “NATURAL MONOPOLY”
Journal Title: «Приватне та публічне право» - Year 2018, Vol 4, Issue
Abstract
In this article, the reference, educational, educational and methodical literature and the norms of the current legislation are analyzed in detail in order to define the concept of “natural monopoly”. The study found that the problem of determining the essence of the generic concept of “monopoly” in the scientific literature is associated with its complexity and is characterized by versatility and meaningfulness. Scientists have not developed a single approach to the definition of the concept of “monopoly”. In addition, it was found that in the scientific literature there are concepts that do not fully correspond to modern economic conditions. The scientific approaches to the definition of the concept of “natural monopoly” are critically analyzed. It was proposed to unite scientific views on this issue into three groups: in which they use the normative-fixed notion of natural monopoly; natural monopoly is defined as a commodity market in which there is only one economic entity; natural monopoly is defined as an organization.
Authors and Affiliations
Г. В. Берлач
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