Competition in the economy of modern Russia

UDC 355.1
DOI: 10.36871/u.i.k.2024.03.03.006

Authors

Tamara E. Timofeeva,
Kutafin Moscow State Law University (MSAL), Moscow, Russia
Scientific supervisor:
Lela V. Chkhutiashvili, Doctor of Economics, Associate Professor, Professor of the Department of Management and Economics O. E. Kutafin Moscow State Law University (MSAL)

Abstract

The article reveals the importance of competition, which is not only a price regulator, but also a movement of capital. It allows us to provide a foundation for stable economic development, technology development, as well as to ensure an increase in the competitiveness of Russian business entities, gross domestic product and cash inflows, thanks to successful interaction on the international market.

Keywords

competition, market, struggle, foundation, development, economy, competitiveness, business entity, interaction, international.