Problems of Market Regulation

Dit vak wordt in het Engels aangeboden. Omschrijvingen kunnen daardoor mogelijk alleen in het Engels worden weergegeven.

Doel vak

The aim of this course is to examine how the undesirable side-effects of
free trade can be regulated without eliminating the beneficial
consequences. It draws on psychological and economic literature as well
as traditional legal sources concerning WTO and EU law.

At the end of the course a student will be able to critically evaluate
current and proposed international trade regimes, identifying the
weaknesses and consequences of the law. They will be able to show which
scholarly critiques and theories are relevant, and which legal changes
could be introduced to address problems.

In short, they will be able to function as an international trade
regulator or negotiator, or as an advisor who is aware of the issues
raised by specific rules and regulatory choices.

Inhoud vak

This course examines the side effects of international markets and trade
and international trade agreements: how do they impact on society,
well-being, sovereignty and democracy, the environment, and economic
stability, and how can the law be used to manage this?

Specific topics covered include
i. use of environmental conditions in trade (fair trade brands and laws)
- WTO and EU law
ii. the trilemma of trade, sovereignty and democracy
iii. Regulatory competition, sorting, and the consequences of mobility
of businesses and people
iv. trade, wealth and the economics of happiness
v. Consumer protection and free trade
vi. Dispute resolution and consequences for public policy

The course is relevant to all those who are likely to work in fields
involving international trade and investment, whether as regulators,
negotiators, policy-makers or legal advisors to clients or NGOs.


Interactive lectures with much discussion


Written assignments (80%) and presentation (20%)


Reading material will announced and where appropriate made available via


This course is open to students of the programme Law, Markets and
Behavior, and other masters students.

Algemene informatie

Vakcode R_LBFM
Studiepunten 6 EC
Periode P2
Vakniveau 500
Onderwijstaal Engels
Faculteit Faculteit der Rechtsgeleerdheid
Vakcoördinator prof. dr. G.T. Davies
Examinator prof. dr. G.T. Davies
Docenten prof. dr. G.T. Davies
prof. dr. J.L. Smeehuijzen

Praktische informatie

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