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1 | This article deals with the problem of natural monopolies on the example of the Russian gas industry. The first part of this paper is devoted to the study of the theoretical foundations of the phenomenon of commercial concession. In the second part of the paper the author analyzed the ways of introduction of the practice of franchising in Russia’s gas industry with its legal and economic features. Keywords: Franchising, commercial concession, natural monopoly, partial privatization, direct regulation of the industry | 959 | ||||
2 | This article deals with the problem of the necessary reforms for noncompetitive markets with a high degree of state involvement. Factual material is based on the study of the gas industry. The paper applies the methods of the new institutional economics in the analysis of the current position of the gas industry, as well as the method of modeling the process of the industry reform. The article examines the relationship of the gas industry with the external economic, political, social and technological environment. Keywords: institute, natural monopoly gas market liberalization, the national interest, stranded costs, institutional trap | 885 |