Экономические науки”/3.Финансовые отношения

 

IBBS: 339.13.012                                                                           Valeriya Kuvardina

Second year student

Economic Science Faculty

Specialization: Finance and Credit with the knowledge of English

Petro Mohyla Black Sea State University

Tutor: Head of the department of Professional English Education

 

Problems of natural monopolies activity regulation in Ukraine

Actuality

The natural monopolism significantly differs from the monopoly relations that have arisen from concentration and centralization of the capitals in the process of competition. Actuality of this problem is characterized by the strongly influence of natural monopolism on market relations within the country. Problems of state regulation of social-economic processes are directly connected with a question of natural monopolies regulation.

Connection with scientific research

The reasons of natural monopoly emergence and development were investigated in works of economic science recognized classics such as A.Kurno, J.Mile, K.Marx, L.Valras, P. Samuelson, S. Fischer, J. Shumpeter.

Economic aspects, legislative control and regulation problems of natural monopolies were investigated in the works many foreign scientists: Keynes D., Cue M, Kogan A. Katyer F. Lundberg E. Madden K. Meydner R., Müller Yu., Nyyuberi D., Ordover Ya. Problems of natural monopolies state regulation were described in numerous scientific publications of D. Bjyukenen, E.de Soto, R. Kouz, P. Milgrom, D. Nort, M. Olson and O. Uilyamson.

Goal: To research the peculiarities of natural monopolies’ state regulation, its normative legislation in Ukraine and to find out it’s limitations.

Task: To research the peculiarities of natural monopolies state regulation and its law base in Ukraine; to determine and explain the main directions of improving the regulatory legislation.

Natural monopoly – a distinct type of monopoly that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply. Such situations occur usually in case of utilities or where a market can support only one producer (because the decreasing returns to scale make the optimum plant size large in relation to the demand) or where long-range average total cost is declining with higher output throughout the range of the possible demand. The researchers conducted by Antimonopoly committee of Ukraine, showed that Ukrainian natural monopolies markets make the most numerous group in system of the domestic monopolized markets. And, despite natural for the world practice tendency of decreasing natural monopolies markets’ number by their transformation in exclusive or competitive, in Ukraine statistical data testify to the reverse.

The reason of monopolized enterprises number increasing is the monopolized markets number increasing at the regional level. Effective development of natural monopolies sphere is directly connected with determination of branch and nation-wide competition policy main directions for the short-term and long-term periods [1]. Object of natural monopolies subjects' activities regulation are:

- The prices (rates) for goods which are made by natural monopolies subjects;

- Access of customers to goods which are made by natural monopolies subjects.         Fields of natural monopolies activity are the following markets:

- Transportation of oil and oil products through pipelines;

- Transportation of natural and oil gas through pipelines, its distribution;

- Transmissions and distributions of electrical energy;

- Using of dispatcher services, stations and other objects of infrastructure which provide public railway transport movement;

- Air traffic control;

- The centralized water-supply and water disposal;

- The centralized delivery of thermal energy.

The most prominent representatives of the monopolies in Ukraine are the following companies: Ukrtelecom, Ukraine's Naftogaz, Ukrspecexport, Energoatom, Ukrzaliznitsya [3].

New practice for Ukraine is state regulation of natural monopolies activities which purpose consists in support of subjects effective functioning in this sphere, and balancing of society, enterprises and customers interests.
Official recognition of natural monopoly in domestic economy by the state is fixed in the special legislation which can be classified as follows
: the laws which subject of regulation are exclusively natural monopolies and their subjects activities (Law "About Natural Monopolies"); the laws regulating natural monopolies certain spheres ("About pipeline transport", "About oil and gas"); laws which make the competitive legislation, however which separate provisions also are applied by natural monopolies ("About protection of the economic competition", "About Antimonopoly committee of Ukraine").

The concept "natural monopoly" and legal bases for the modern system of state natural monopolies regulation, its economic and organizational principles were fixed in the Law of Ukraine "About natural monopolies".

 The law "About Natural Monopolies" provided price (rates) control on natural monopolies goods and services. In Ukraine the price regulation mechanism is regulated by resolutions of the Cabinet of Ukraine [2].

The following issues are to be counted in the process of price forming on natural monopoly subjects’ goods:

- expenditures which according to laws on the taxation belong on bulk expenses of production;

- taxes and fees (mandatory payments) in budgets and in the state trust funds;
- expected profit on possible implementation of goods at the different prices (rates);
- remoteness of different customers groups from goods production place;
- compliance of quality of goods which are produced to customers' needs;
- state grants and other forms of the state support.

In the long-term period state regulation of natural monopolies pricing leads to debt formation of budgetary organizations and population payments. The conducted researches of natural monopolies functioning peculiarities in Ukraine revealed such problems as an inefficiency of the pricing mechanism, poor services quality, low technologies and relatively the high level of customers' debt for the received services. A key element of reforming and sustainable development of the natural monopolies markets and activities efficiency increasing there is mechanism of price regulation. In the price regulation process it is necessary to observe the recognized principles which provide achievement of the following purposes: economic efficiency, justice, services universality. The Ukrainian regulatory organs' task at the present stage is to increase efficiency of rates regulation for the services implemented by natural monopolies subjects [4].

Regulation of natural monopolies subjects' activities is based on such principles:
-
 publicity and openness of regulation procedures;
- stimulation of goods quality improvement and demand satisfaction for them;
- support of the customers rights protection.

        Analyzed antimonopoly regulation in the natural monopolies sphere can be considered as incomplete. One of the main problems of feeble antimonopoly regulation - excess influence of regulating and supervisory authorities. The state is often considered to be the reason of monopoly position of enterprise abusing.

Such behavior is caused by regulating policy and institutional conditions imperfection in which branches of natural monopolies function. The state in the sphere of natural monopolies behaves as the subject – the owner. From the neoinstitutional economic theory point of view such behavior can be considered, as aspiration to receive a rent.  Ineffective actions of the state on property rights distribution are explained by aspiration to receive a rent. For elimination of the specified shortcomings it is necessary to reduce

number of authority branch for regulation and monitoring and to increase their responsibility for their actions [5].

Conclusion

The main peculiarities of natural monopolies state regulation in Ukraine were defined in the article. The main directions of improving regulatory legislation were determined.
The effectiveness of natural monopolies may increase due to the conclusion of a formalized agreement between the public authorities and managers, with the definition of the priority enterprise objectives.

Reference:

1. Базилевич В.Д. Природні монополії / В.Д. Базилевич, Г.М. ФилюкКиїв, «Знання», 2006. –367 с.

2. Закон України «Про природні монополії»: №1682 – III від 20.04.2000 р.//  Відомості Верховної Ради України. –2000. – № 30. – Ст.238.
3.
Кравченко Ю. Рынки естественных монополий - эффективное регулирование / Ю. Кравченко // Экономика Украины: Полит.-эконом. журн. М-ва экономики и по вопр. Европ. интеграции Украины, М-ва финансов Украины и Нац. Акад. Наук Украины  2006. - № 6  С. 12-19.

4. Матвеева Н.А. Принципы государственного регулирования естественных монополий // Современные научные исследования и инновации. – Ноябрь 2011. № 7 // [Электронный ресурс]. - [Режим доступа]: http://web.snauka.ru/issues/2011/11/5315

5. Факторы реформирования механизма государственного регулирования естественных монополий в Украине // [Електронный ресурс]. - [Режим доступа]: http://cci.sumy.ua/information/articles/97/387/