The Impact of Transnational Corporations on the Regulatory Frame

Skip to content [#content] Menu and widgets About the Journal Aim & Scope Editorial Board Publication Ethics Archives For authors Feedback The Impact of Transnational Corporations on the Regulatory Framework for the World Market for Space Services and Technologies Article Open Access by Dmytro Bezzubov 1 and Olga Pravotorova 2 1 State University of Infrastructure and Technology (Kyiv, Ukraine) 2 Kherson State University (Kherson, Ukraine) DOI: https://doi.org/10.29202/asl/6/1 Received: 11 August 2020 / Accepted: 30 September 2020 / Published: 10 December 2020 View Full-Text Review Reports Cite This Paper Abstract The article reveals the place and role of multinational corporations in the world market for space services and technologies. The authors highlight trends in globalization and cosmization of the world economy, which have both positive and negative effects. The advantage of the private sector’s entry into space exploration is the recognition of high-tech companies contributing to economic growth as worthy of investment. The practice of transnational companies to affect the economic and legal sphere of the countries of their presence and violate the fundamental rights of its citizens is outlined as a negative trend. Theoretically, probable variants of the regulatory framework for the world market for space services and technologies with transnational corporations’ participation are projected. It is proposed to create a global administrator in space activities — the World Space Union. Keywords: transnational corporation, space, law, world market, space services, space technologies, global administration, global administrator. References A/RES/3281(XXIX) (1974) Charter of Economic Rights and Duties of States. Resolution of the UN General Assembly of December 12. 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Available online: https://oxfordre.com/planetaryscience/view/10.1093/acrefore/9780190647926.001.0001/acrefore-9780190647926-e-42 Share and Cite Bezzubov, Dmytro and Olga Pravotorova (2020) The Impact of Transnational Corporations on the Regulatory Framework for the World Market for Space Services and Technologies. Advanced Space Law , Volume 6, 4-12. https://doi.org/10.29202/asl/6/1 Back to the list of Articles Proudly powered by WordPress