Maxim 1.5.46
Commerce, by the law of nations, ought to be common, and not converted to monopoly and the private gain of a few.
Commercium jure gentium commune esse debet, et non in monopolium et privatum paucorum quaestum convertendum.
Source: 3 Inst. 56; Jackson
Difficulty 1/5 — Foundational
Explanation
Trade is a natural right of all men — government-granted monopolies that restrict commerce for the benefit of a privileged few violate the law of nations.
Where this applies
- A government grants a monopoly to a single company for an essential service.
- A corporation gets exclusive rights to trade in a certain good, cutting everyone else out.
Legal domains
Cite this maxim
NeCede Max. 1.5.46 — Commerce, by the law of nations, ought to be common, and not converted to monopoly and the private gain of a few. — 3 Inst. 56; Jackson (Commercium jure gentium commune esse debet, et non in monopolium et privatum paucorum quaestum convertendum.)
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