Research on the Standardization of Administrative Penalty Discretion in Market Regulation
DOI: https://doi.org/10.62517/jel.202614217
Author(s)
Jiali Jin*
Affiliation(s)
School of Law, China Jiliang University, Hangzhou, Zhejiang, China
*Corresponding Author
Abstract
Standardizing the discretionary power of administrative penalty in market regulation is of great significance for maintaining market order, ensuring fair law enforcement, and protecting the rights and interests of market entities. Through literature analysis and status quo induction, this study systematically defines the core concepts of market regulation, administrative penalty, and discretionary power, and discusses the necessity of standardizing the exercise of such power. The research finds that current exercise of discretionary power suffers from prominent problems such as inconsistent regional benchmarks, lack of detailed benchmark content, insufficient transparency in the discretionary process, and mechanical application leading to “excessive punishment for minor faults”. Therefore, a standardization path should be constructed by improving the discretionary benchmark system for administrative penalties, strengthening the construction of related systems such as hearings and legal review, and improving internal and external supervision mechanisms.
Keywords
Market Regulation; Administrative Penalty; Discretionary Power; Standardization
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