Judicial Review of Commercial Regulation

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Jaime Arancibia (Lecturer in Constitutional and Administrative Law and Vice-Rector for Academic Affairs, University of the Andes, Chile)

Judicial Review of Commercial Regulation

Jaime Arancibia (Lecturer in Constitutional and Administrative Law and Vice-Rector for Academic Affairs, University of the Andes, Chile)

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English

Oxford University Press
24 March 2011

Commercial law; Constitutional & administrative law; Judicial review

English courts have traditionally held a policy of judicial restraint towards regulatory decisions in the commercial context. This book provides a critical view of the courts' deferential attitude and advocates a more intensive form of judicial review which is more satisfactory in terms of individual justice. Addressing the issue in three parts, the orthodox common law position on judicial review is first set out, demonstrating the deferential approach of the courts and highlighting the limited scope of review in a commercial context. The regulator's expertise and institutional autonomy, and the demands of administrative efficiency, all contribute to preventing the courts from interfering with the development of regulatory policies. The book then moves on to consider how current policy appears to be inconsistent with the relevant values of English public law which protect individuals from capricious and arbitrary executive action - particularly the right of the applicant to obtain an independent assessment of the validity of the impugned decision by a court which acts as ultimate arbiter of law. Setting out an alternative model based on European human rights law, the book contends close supervision is necessary over decisions which alter or determine the operation of markets in order to reach a level of judicial control that is consistent with the requirements of fairness and reasonableness in this area and with proper respect for the rights of the parties involved. This alternative approach finds its roots in the principle of proportionality, which entails a greater judicial attenuation of administrative autonomy in order to ensure that actions do not go beyond what it is strictly necessary to achieve the desired outcome.

By: Jaime Arancibia (Lecturer in Constitutional and Administrative Law and Vice-Rector for Academic Affairs University of the Andes Chile)
Imprint: Oxford University Press
Country of Publication: United Kingdom
Dimensions: Height: 242mm, Width: 164mm, Spine: 21mm
Weight: 540g
ISBN: 9780199609079
ISBN 10: 0199609071
Pages: 256
Publication Date: 24 March 2011
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Dr. Jaime Arancibia is Lecturer in Constitutional and Administrative Law and Vice-Rector for Academic Affairs at Universidad de los Andes (Chile), and the author of several articles in public law litigation. He is also an Associate Fellow of the Centre for Public Law at Cambridge University.