Abstract:
The article analyses the influence of globalization
and concentration processes on the development of
the stock market of Ukraine, the accent is made on the
strengthening of competition among the participants
of exchange trade in modern conditions of the market
economy.
Based on the analyses of different points of view of
economists and lawyers, the conclusion is made that
it is necessary to consider the improvement of legal
support of the process of formation and development
of competitive relations in the field of exchange trade
as a priority.
The author studies the peculiarities of the formation
of the legal basis for the protection of economic
competition in the field of exchange trade, gives
examples and provides a meaningful characteristics
of such types of competition law offenses as abuse of
monopoly position and anticompetitive concerted actions
of economic entities in stock trading.
The article analyses the practical experiences of antimonopoly
agencies concerning the detection and
preventing of competitive law offenses in the field of
exchange trade by monitoring the stock market, applying
appropriate sanctions to offenders, as well as providing
recommendations to eliminate the consequences
of the offense.
It is proposed to improve the mechanism of legal
regulation of competitive relations of exchangetrade
participants on the basis of building a system of
harmonious cooperation and coordination between
antimonopoly agencies and exchanges on the
implementation of principles and realization of national
competition policy in Ukraine.
Based on the study, the provisions on the need for
legal securing in the exchange legislation of special rules
on the regulation of competitive legal relations in the
field of exchange trade as a key basis for the formation
and development of a competitive model of the exchange
market of Ukraine are substantiated.
