Publication details
Stát trhotvorný a stát trhoborný, aneb mezi zbytkovým trhem (se zbytkovou soutěží) a zbytkovou regulací
| Title in English | On market-forming and market-breaking state, or between the residual market (with residual competition) and residual regulation |
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| Authors | |
| Year of publication | 2022 |
| Type | Article in Proceedings |
| Conference | Zásahy verejnej moci do podnikania a obchodovania |
| MU Faculty or unit | |
| Citation | |
| Keywords | Regulation and self-regulation; competition; market; natural monopoly; price regulation; conflicts of goals |
| Description | The rules of regulation and their evaluation tend to be quite vague and regulation is therefore a favourite game of politicians. Moreover, regulators perform a number of functions that are not always compatible. However, lobbying is not only promoted and legitimised through regulation, but also constrained. A neutral environment of free competition uncorrected by regulation can often do more harm than good. General objections to so-called over-regulation are worthless unless it is analysed whether (or in what proportion) a very specific regulation is a group-egoistic (lobbying) tool or a corrective measure that complements or appropriately replaces a dysfunctional neutral competitive environment or that promotes a socially recognised value even at the expense of competition. At a time of crisis and a tendency towards increased regulatory interventions in the economics, this recommendation is even more urgent. |