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The article critically analyzes the established, generally accepted approaches to study a state of competition based on market concentration index. These indicators have such obvious advantages as relative simplicity of their determining and comprehensible interpretation of the content. However, they also have some fundamental drawbacks as follows: the use of stringent, frequently unreasonable threshold values for obtaining final research findings about the state of competition in any commodities market, the inabi...

The article examines correlation between the existing principles of state competition policy and innovative economic development. A perfect competition model has been currently adopted as an ideal sample of the commodities market state, being characterized by a sufficient number of sellers and buyers, when none of them can decisively influence market prices. Consequently, countries endeavor to bring real markets conditions closer to this ideal state by competitive policy, that occur in dedicated state effort to re...