Ways to Form a Competitive Environment in The Activities of Natural Monopoly Enterprises
DOI:
https://doi.org/10.31150/ajebm.v8i7.3850Keywords:
Natural Monopoly, Competitive Environment, Regulated Competition, Infrastructure Reform, Contestability, Unbundling, Transparency of Tariff Policy, Private Sector ParticipationAbstract
This article comprehensively analyzes the issue of forming a competitive environment in the activities of natural monopolies. Problems such as economic inefficiency, low quality of service and violation of social justice arising from the lack of competition in natural monopoly sectors are considered on a scientific basis. Based on international practices, including analyses by the OECD, the European Union and the World Bank, the possibilities of forming an effective competitive environment in natural monopoly sectors through mechanisms such as contestability, selection of operators on a tender basis, unbundling and price regulation are studied. Based on the analysis of reforms being implemented in Uzbekistan, such areas as structural reorganization of natural monopoly enterprises, separation of services and infrastructure, expansion of private sector participation, and transparency of tariff policy are assessed in accordance with national characteristics. A comprehensive strategy has been developed to increase efficiency in natural monopoly sectors, optimize state spending and protect consumer interests.
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