THEORETICAL AND LEGAL ISSUES OF FORMING COMPETITIVE ENVIRONMENT IN THE FIELD OF NATURAL MONOPOLIES

Abstract

Natural monopolies remain in Central Asia, as well as in the countries of the former Soviet Union as enterprises operating in leading and important sectors of the economy. Creating and developing the competitive environment in natural monopoly spheres is one of the urgent problems. The article examines the genesis and essence of natural monopolies, analyzes the problems of creating the competitive environment in the field of natural monopolies. The methods of historical-empirical, syntactic, and legal analysis are used in the article and the importance of the institution of natural monopoly in the economy, the fact that some companies are constantly operating with a loss due to the fact that they belong to natural monopoly spheres and the presence of them cause consumer dissatisfaction with quality and price are analysed in the article. The issues of legal regulation of natural monopolies in Uzbekistan are studied, the gaps in the current legislation that do not meet modern requirements are discussed. The issues of elimination of some existing sectors of a natural monopoly are put forward, as well as the use of public-private partnerships in some sectors is considered.