Antimonopoly in the socialist oriented market economy of our country today

Purpose: To clarify the theoretical and practical foundations of antimonopoly in the socialist oriented market economy. Assess the actual situation of antimonopoly in our country. Then propose basic solutions for antimonopoly in the socialist oriented market economy of our country in the coming time. | Recognizing the negative impacts of monopoly, the Party advocated to "narrow the fields that the State now has trading monopolies, eliminate monopoly", and "improve the mechanism, policy for the State enterprises to actually operate in a competitive, open, transparent environment, improve efficiency. Eliminate monopoly and exclusive business and production of state-owned enterprises". However, monopoly situation still exists with many complicated happenings. Meanwhile, antimonopoly activitiy still reveals many limitations, yet high performance, discrimination between businesses still exists; action against unreasonable price fixing is ineffective, the phenomenon of rising prices, protecting the interests of the State have been violated and exploited to serve a group of people, people are not entitled to all the benefits that society has created, which has influenced significantly on the economic and social activity of our country. Besides, with the market opening process through the signing and joining of bilateral and multilateral trade agreements, there have been multinational companies operating in Vietnam. With there economic strength, these companies have the ability to create a monopoly position to carry out their market power. The status of eliminating rivals to usurp the market, establish monopoly position will occur. In this context, Vietnam enterprises with limited potential are vulnerable, or manipulated to become subsidiaries, satellite companies for such corporations. The above raises the suspicion surrounding antimonopoly now in our country today.

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