Problemi Ekonomiki (May 2023)

Analyzing the Features of the Activities of the Regulatory Authorities of the Market for Sales of Passenger Cars in Ukraine and the World

  • Danylenko Yevhen S.

DOI
https://doi.org/10.32983/2222-0712-2023-2-4-15
Journal volume & issue
Vol. 2, no. 56
pp. 4 – 15

Abstract

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The article analyzes the regulatory bodies of the market for sales of passenger cars in Ukraine and some countries of the world. The role and functions of the authorities regulating the market for sales of passenger cars in different countries are examined. The article contains a list of bodies of the State regulation of the the market for sales of passenger cars in Ukraine and some other countries, such as Germany, France, Slovakia, Poland, Great Britain, the Netherlands, Austria, Spain, Estonia, China, Japan, India, the USA, Canada, and others. This article examines examples of countries where regulatory bodies play an important role in ensuring road safety and consumer protection, as well as countries where such authorities play a less significant role. The main tasks of the regulatory authorities of Ukraine and some other countries responsible for ensuring free and competitive trade in cars are determined. The importance of regulatory authorities in ensuring the safety and quality of cars, as well as consumer protection, is outlined. It is determined that the main reasons for the State intervention in the market for sales of passenger cars are price regulation, quality control, support for domestic producers, reduction of environmental impact, and consumer protection. The problems and shortcomings of the activities of regulatory bodies are highlighted and recommendations for improving their work are provided. Problems in regulating the market for sales of passenger cars in Ukraine are presented. In particular, this concerns insufficient effectiveness of control, corruption issues, insufficient qualifications of employees, etc. An idea of how different countries regulate the market for sales of passenger cars is provided, which helps to understand what measures can be useful for improving the regulation of this market in Ukraine.

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