Protection of the Rights of Public Utilities Market Participants (In the Context of Poverty Prevention)

Abstract

Gulnara Dzhumageldiyeva, Inna Zablodska, Irina Yukhymenko-Nazaruk, Vita Dovgaliuk, Irina Suprunova, Ulyana Gylka.

The article analyzes the facility of protection of rights in the public utility market. The main task is to assess the effectiveness of the existing legal approach to solving this problem in the context of preventing poverty of all market participants - consumers, service providers and investors on the principle of «Leave no one aside», reflected in the UN Global Sustainable Development Goals for the period 2015-2030. The study covers three components of the facility for protecting public utilities market participants in the public utilities market: prevention of potential poverty, reduction of existing poverty and compensation to the injured party in a case of tort that exacerbates or threatens to exacerbate its poverty. The analysis is based on official statistical information on the activities of the public utilities sector. Operational information of public utility service providers regarding certain indicators of their activity in the work was not studied. This approach narrows the empirical basis of the study, but at the present stage in the context of different rates of implementation of changes in regions, sectors and at the level of individual entities, as well as lack of uniformity in the structure of indicators published by service providers, analysis allows to identify «bottlenecks» of legal regulation, which are systemic in nature and largely independent of the subjective factor. The analysis allowed to determine the positive impact of targeted subsidies on the effectiveness of the facility of the utilities market participants protection in the context of poverty alleviation, as well as factors that reduce this efficiency, in particular, targeted inconsistency of the legal model of the market, accounting for services and liability for breach of contract for their payment.