Problems of legal regulation of activities of transnational corporations

One of the most important elements in the development of international economic relations is undoubtedly the activities of international economic corporations. These companies are the result of a rapidly developing world economy, as their work is the basis of economic development and technological progress in any developed country. It should be noted that transnational corporations are a powerful means of influencing the world economy. Thanks to the activities of transnational corporations, the most important institution of international law — interstate economic relations-is being implemented. For the most successful implementation of this aspect requires competent legal regulation of this kind of relationship, taking into account the legitimate rights and interests of all parties involved. As a result, the article deals with the problem of effective legal regulation of transnational companies, the question of the legal personality of transnational corporations (hereinafter — TNCs) as subjects of international legal relations. We also study the characteristics of different levels of legal action on the part of States in relation to TNCs, the impact of legislation in different countries on TNCs, as well as the interaction of legal systems of different States among themselves on the legal regulation of TNC activities, the analysis of the viewpoints of researchers on this issue