International Experience of Competition Regulation on the Securities Markets
Abstract
In the paper experiences of different countries in aspect of securities market regulation and creation a competitive environment on the market is considered. The practice of the highly developed countries such as United States, Germany, Canada, China, was analyzed. Key provisions in the competition legislation of these countries, which may be applied by the developing countries in order to create a fair business environment and to prevent anticompetitive actions on the securities market, are researched. The basic principles on which the selection of primary dealers is providing in different countries are analyzed.
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