Improving antitrust instruments for food security

• Main Authors: Anisimova Marina, Yurchenko Nadezhda, Kopytets Nataliia
• Format: Article
• Language: English
• Published: EDP Sciences 2021-01-01
• Series: E3S Web of Conferences
• Online Access: https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/58/e3sconf_efsc2021_01005.pdf

The study aims to substantiate the fact that the development of agro-industrial complex imposes new requirements for the formation of anti-monopoly regulation tools. The authors point out the threat of cartelization of the industry to food security. It is shown that the cartel violations are systemic in the markets of agroindustrial complex. New features typical of cartel behavior of companies have been identified. It was found that the emergence of new software algorithms greatly facilitates collusion on the market, opens up the possibility of changing the nature of competition, which imposes new requirements for the formation of antitrust regulation tools. It has been marked that it is difficult to suppress anticompetitive practices to develop a complex of measures in order to counteract the cartels: modern technologies of data analysis, application of mathematical modeling methods, economic analysis and also prohibition for development and distribution of price algorithms, their use for establishing of price control.