Tsokiev S.R. – competitor for academic degree in Russian university of oil and gas, vice-chief of department, Belkam Neft Company
Hypercompetition as a new phenomenon in opposition between corporations and states is discussed. Strategy and some instruments competition of US and European companies are revealed. Conclusion is made that Russian oil companies are still at the beginning of finding the strategy and instruments of the global hypercompetition.
Hypercompetition, instruments of competition, global strategy, economic expansion, technological innovations.
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