Page 100 - Azerbaijan State University of Economics

THE JOURNAL OF ECONOMIC SCIENCES: THEORY AND PRACTICE, V.70, # 1, 2013, pp. 97-117

Chamberlyn also had vision of mutual influence of monopoly and competition out

of scope of the history.

Whereas correlation between monopoly and competition differ in various

historical conditions. Possibility of discovering periodic compliances in historical

modification process of monopoly and competition relations is the significant

condition of analysis. These compliances have never been investigated in

economic literatures yet.

The periodic development analysis of monopoly and competition is important

not only due to academic view, but also justification of competitive policy’s role in

general reconstruction strategy of Azerbaijan economy. Understanding and

consideration of this problem will enable the increase of influence of government

policy which directed to adaptation of Azerbaijan economy to today’s dominating

global tendencies.

The manufacture system in the middle ages had market structure with zero

competition opportunities. Recruiting new workers was extremely difficult and

organizational production was prohibited outside manufactures. Strong (tough)

regulation of the product range, amount, quality and price of goods produced by

every master, salary, quality of labor instruments and means of pupils and skilled

assistants – all these are directed to elimination of competition among workshop

members [Kulisher I.I. 1986. p. 73]. Regulation in order to eliminate competition

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