The Economic Consequences of a Competitive Market and Monopoly

Yulduz Pirnazarovna Urunbayeva; Tursunov  Qosimbek Nodirovich

Authors

Yulduz Pirnazarovna Urunbayeva PhD in Economics, Associate Professor, Samarkand Institute of Economics and Service
Tursunov Qosimbek Nodirovich Student of the Faculty of Economics, Samarkand Institute of Economics and Service

Keywords:

competitive market, monopoly, economic efficiency, prices, production, social welfare, antimonopoly policy

Abstract

The article analyzes the economic nature of a competitive market and monopoly, as well as their positive and negative aspects. It examines competition policy in the conditions of Uzbekistan, the economic consequences of monopolies, and measures for their regulation. In addition, recommendations are provided for creating a healthy competitive environment and reducing the negative impact of monopolies.