Antimonopoly Regulation and Intellectual Property in the Context of Globalization

The world today is characterized by increasing globalization and economic concentration. As a result, the direct influence that multinational corporations have on competition in national markets (particularly in developing countries) is growing. Across a number of areas, the influence of global players has grown substantially. This is particularly apparent in the pharmaceutical sector, information technology, and global food chains. Indeed, their dominance has grown to such a degree that they are not only able to employ unfair anti-competitive practices, but also threaten the national security of individual states. A number of serious challenges therefore need to be addressed in terms of antimonopoly regulation and protecting the interests of the state. These include exclusive rights to intellectual property held by major international corporations, and their technological potential – particularly in relation to the stable functioning of national markets and ensuring fair competition within them. What could be done to improve competition legislation and effective antimonopoly regulation in a modern economy based on the use of intellectual property and information technology? How are compulsory licensing measures and the practice of parallel imports applied in Russia and abroad?