Fylyuk G. Natural monopolies and their regulation in the transitional economy of Ukraine.

The dissertation is devoted to the vital problems of establishing the mechanism of regulation of natural monopoly in the home economy. The author discloses the essence of the natural monopolies and their role in the social-economic development of the country. The author definitely proved the fact, that the natural monopoly has some inherent contradictions. On one hand, increase of production output is followed by the maximization of public profit in the form of consumer's surplus. On the other hand, the concentration of virtually unlimited economic power creates favorable conditions for breaking by such formations rules and norms of market behavior, and, therefore, drives down the financial and economic activity of other economic units as their services users and the population's welfare. The last factor relates the natural monopolies to the other types of monopolies and so makes them undesirable for the society. The author formulates the practical recommendations concerning improvement of state mecha nism of regulation of natural monopolies activities in Ukraine. The work determines the main institutional legal framework for establishing the mechanism of governmental regulation of natural monopolies: providing the system of natural monopolies regulation: the establishment of regulating autonomous, bodies system, the formation of relevant legislative and legal framework, the deepening and activization of structural developments in the industries. Among the main economic and organizational techniques of governmental regulations of natural monopolies the main directions were stressed: the price regulation, control of the output quality and tax regulation.