MARKET-PARTICIPANT DOCTRINE

MARKET-PARTICIPANT DOCTRINE

market-participant doctrine. The principle that, under the Commerce Clause, a state does not discriminate against interstate commerce by acting as a buyer or seller in the market, by operating a proprietary enterprise, or by subsidizing private business. ? Under the Dormant Commerce Clause principle, the Commerce Clause ¡ª art. I, ¡ì 8, cl. 3 of the U.S. Constitution ¡ª disallows most state regulation of, or discrimination against, interstate commerce. But if the state is participating in the market instead of regulating it, the Dormant Commerce Clause analysis does not apply, and the state activity will generally stand. See Dormant Commerce Clause under COMMERCE CLAUSE. [Cases: Commerce 56. C.J.S. Commerce ¡ì¡ì 4, 38, 63, 73, 90, 93.]
What is the legal equivalence of MARKET-PARTICIPANT DOCTRINE in Chinese?
TermBase About LegalLingo
LegalLingo, a Shanghai-based translation agency, is a recognized leader in comprehensive legal language solutions for the legal industry. We provide the world’s leading law firms and corporate legal teams with a full suite of services, ranging from the translation of contracts and compliance documentation to full-scale multilingual litigation requiring certified translation and Chinese document review. We deliver customized legal document translation solutions based on your case’s size and budget requirements, utilizing industry-leading technology to ensure accuracy, lower costs and faster turnaround times.
Scroll to Top