o:9802 Strategic use of bankruptcy as a tool for market monopolization en Abstract: This paper deals with the issue of using bankruptcy as a tool to remove competition from the market. By analyzing the mechanisms of bankruptcy, the authors of the paper show the weak points in the bankruptcy process, the abuse of bankruptcy is a serious legal and ethical challenge. The bankruptcy process as an economic category exists as a mechanism of creditor protection, however, there is a fine line between creditor protection and attempts to monopolize the market. The results of the work are reflected in recommendations for the protection of the bankruptcy process in terms of preserving it from abuse. Bankruptcy mechanisms are more than necessary for the national economy, the violation of this mechanism endangers all market participants. Kataložni zapis o publikaciji (CIP) pripravili v Narodni in univerzitetni knjižnici v Ljubljani COBISS.SI-ID 199748867 This publication is a result of Erasmus+ cooperation between institutions. The European Commission's support for the production of this publication does not constitute an endorsement of its contents, which reflect only the views of the authors. The EC cannot be held responsible for any use of the information contained therein. Keywords: bankruptcy process, market monopolization, abuse of bankruptcy, legal and ethical challenges of bankruptcy, strategic management 1552100 978-961-7110-10-4 1552102 www.vspv.si/druge%20publikacije 2026-06-11T10:17:55.585Z 44 yes 46 Predrag Stojković University Business Academy in Novi Sad, Faculty of Economics and Engineering Management, Novi Sad, Serbia Radovan Vladisavljević University Business Academy in Novi Sad, Faculty of Economics and Engineering Management, Novi Sad, Serbia person Slobodan Živkucin University Business Academy in Novi Sad, Faculty of Economics and Engineering Management, Novi Sad, Serbia person Svetlana Marković University Business Academy in Novi Sad, Serbia person 21227623 0000-0003-2776-6519 Tijana Đurković Marić University Business Academy in Novi Sad, Faculty of Economics and Engineering Management, Novi Sad, Serbia person application/pdf 823161 https://unilib.phaidrabg.rs/o:9802 no yes 17 70 92000004 211A01 Challenges of modern economy and society through the prism of green economy and sustainable development - Cesged 2024: Third international scientific conference 3 506 516 Ljubljana: School of Business 2024