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Market And Competition Authorities Operate In A Complex Environment With Conflicting Stakeholder Demands. Balancing The Various Interests Of The Authority And Stakeholder In An Objective And Impartial Manner Is Strategic To Achieving The Goals Of The Legislation Imposed. In A Fresh Approach Examining The Actions Of An Authority When A Regulation Is Applied, Annetje Ottow Argues The Vital Importance Of The Behaviour Of Authorities, Focusing On Five Fundamental Good Agency Principles: Legality, Independence, Transparency, Effectiveness, And Responsibility, Or, Liter. These Principles Provide Agencies And Those Reviewing Their Actions With A Framework For Agency Design And Action. Combining Theory And Practice To Provide Insight Into Agencies' Organization And Behaviour, This Book Outlines And Analyses Behavioural Issues Using An Ecosystemic Method, Addressing How Independent Agencies Should Be Assessed, And Which Principles Should Apply. Using Cases From The Netherlands And The Uk, Ottow Examines The Key Processes Of Authorities Against The Liter Principles, And Opens The Debate On 'how To Regulate The Agency'.
This book investigates how market and competition authorities can balance conflicting stakeholder demands while maintaining objectivity and impartiality in their regulatory actions. Annetje Ottow, a legal scholar and expert in regulatory governance, utilizes her academic background to propose a normative framework for agency behavior. She argues that the effectiveness of independent agencies depends on adherence to five fundamental principles: Legality, Independence, Transparency, Effectiveness, and Responsibility, collectively referred to as the LITER framework.
What You Will Find
Scope Limits
Experts identify this work as a significant contribution to the study of administrative law and regulatory governance. Readers frequently note the academic density of the prose, which serves as a foundational text for those studying the institutional design of independent agencies.
Page Count:
275
Publication Date:
2015-01-01
Publisher:
Oup Oxford
ISBN-10:
0191047333
ISBN-13:
9780191047336
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