After this course:
- the student has knowledge of and insight in current developments relating to regulation and supervision of markets;
- the student can place current developments in both a legal perspective and a law & economics perspective;
- the student is able to discuss Supervision of Markets in the context of the interplay between EU law and international law;
- the student has insight into te relationship of regulation and supervision of markets with corporate governance;
- the student can reflect on the research subjects on both a theoretical and practical level in a critical in innovative way;
- the student is able to participate in interdisciplinary academic research;
- the student can design a consistent research proposal on a case study;
- the student can present the outcome of research in English, both written and oral;
- the student can develop a vision on the broader political and societal context of regulation and supervision of markets.
This course is part of the master program L&E of the Utrecht University School of Economics and School of Law. It is offered in period 2 and is mandatory for both the LL.M-students and the Msc-students.
The course Supervision of Markets aims to provide thorough insight and knowledge into the basic legal principles, institutions and instruments of market supervision. In the first period the students have obtained a better understanding of the context of EU law and national law and the regulation of competition and consumer protection in specific markets. The focus of this course is on the institutional context and supervision by Supervisory Agencies of market sectors that are subject to liberalization, such as the energy sector, the banking sector, and the electronic communications sector. What is the position and the role of supervisory agencies and what instruments do they have to supervise competition in the market as well as address market failures and consumer protection? Central topics of the course are: the basic legal principles and legal instruments of the relevant European directives; modalities for the introduction of competition, good agency principles and market governance, the role of national supervisory agencies and European regulators, regulatory processes and practices.
Place of this course within the curriculum:
- Compulsory course in Law and Economics