Oditor, Vol. IV,No. 02/2018
THE ROLE AND SIGNIFICANCE OF ANTI-MONOPOLY POLICY IN CONTEMPORARY BUSINESS CONDITIONS
Milan Mihajlović[1], Nedžad Imamović[2], Nebojša Dragović[3]
Date received: 30.07.2017.
Date accepted: 12.08.2017.
JEL: D42, M21
Abstract
Achieving the welfare economy, as a desirable economic condition, is difficult to achieve by the existence of imperfect market structures. Uncompetitive market structures are manifested through different market forms. The consequence of the existence of such market conditions is also felt on productivity efficiency, that is, factor productivity. In connection with this antitrust policy is the subject of this research and demands for its balance and flexibility as measures to reduce the negative effects of market imperfections.
Key words: anti-monopoly policy, market structures, competitiveness.