Marktoptimierende Wirtschaftsaufsicht

Modern interventionism partially restricts the free interaction of market forces in the interest of non-economic goals. However, government supervisory authorities also work to increase the effectiveness of the market. Jan Hecker deals with this type of government economic interventions, using the term market-optimizing economic supervision. He analyzes the regulatory framework in public law under which the government tries to increase the efficiency of the market system. In this context, he refers to cartel law, the telecommunications law and the Securities Trading Act. The author outlines a dogmatic framework for market-optimizing economic supervision and studies its connections to the theory of market failure. He focuses in particular on the extent to which constitutional law demands a supervisory legislation which meets the plausibility requirements of economic theory.