Legal Review of Government Intervention in Market Regulation

Abstract

The issue of the state's position and its role in the economy has always been a subject of discussion among economists and thinkers in various economic schools since the emergence of economic science. In the last century, the issue of state intervention in the capital market has become one of the important issues and concerns of capital market activists, and consequently, the stock market index has become affected by this issue. Domestic studies on the Iranian economy also show that despite the introduction of regulation in Iran in recent years and the pursuit of privatization in important parts of the Iranian economy, strong state rule in Iran has remained intact and, for several reasons, a "regulatory state" has not emerged in Iran. It seems that, compared to other countries that have almost similar conditions as Iran in terms of oil and gas revenues, interventions in economic markets and economic interactions in Iran have not had appropriate results, and the design and implementation of policies to regulate and control domestic markets have called into question the effectiveness of these policies in Iran. Therefore, due to the concerns raised about the continuation of this situation and the need to correct the perspective and pathology of the strategies used, a comprehensive study and investigation in this field has become necessary and necessary. Therefore, such a matter requires that, in addition to identifying the current state of the Iranian economy and the functioning of the government, the limits and methods of government intervention in the economy and social affairs of a given society, and, alongside an approach to adapt to one of the countries at the same level, we also have a suitable comparison to determine the weaknesses or strengths.