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date: 15 October 2019

Abstract and Keywords

This chapter deals with legal rules and administrative procedures relating to concrete markets. The author’s principle aim is to make sense of a limited number of juridical sources, inscriptions and literary texts referring to applications for the right to hold markets (ius nundinarum) or for the privilege of immunity (immunitas) from market-taxes. Legal rules governing markets in the abstract meaning of the term are a vast topic. Instead of attempting a general study of this type, this chapter focuses on a handful of legal arrangements that made it possible for buyers or sellers to rescind contracts of sale that had been concluded in marketplaces. Finally, some attention is given to governmental attempts to impose fixed or maximum prices.

Keywords: markets, market prices, nundinae, ius nundinarum, price regulation

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