Anti-monopoly law in ordoliberalism blocks external distortions rather than intervening in the market itself.

Evidence

Non-intervention is necessary on condition, of course, that an institutional framework is established to prevent either individuals or public authorities intervening to create a monopoly. And thus you findin enormous anti-monopolistic institutional framework in German legislation, the function of which is not at all to intervene in the economic field to prevent the economy itselffrom producing the monopoly, but whose function is to prevent external processes from intervening and creating monopolistic phenomena. — Michel Foucault, The Birth of Biopolitics, 761

Categorization

• DEFINE: Clarifies the ordoliberal distinction between intervening ‘in’ the market (forbidden) and intervening ‘on’ its institutional conditions (required).
• XREF: connects to: Ordoliberalism governs market rules but forbids steering market outcomes — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 613; Unchecked self-regulating markets are destructive and require countervailing laws. — Shoshana Zuboff, The Age of Surveillance Capitalism, 124; The neoliberal state governs for the market, not because of it. — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 111 (+4 more)

Broader Connections

• Ordoliberalism reframes the state as rule setter, not demand manager #corroborates (0.88) — Mark Blyth, Austerity, 355
• Ordoliberalism makes state policy the guardian of fragile market mechanisms #corroborates (0.85) — Michel Foucault, The Birth of Biopolitics, 1258
• The neoliberal state governs for the market, not because of it. #corroborates (0.82) — Wendy Brown, Undoing the Demos, 111
• Ordoliberalism institutionalized competition policy and an independent central bank against parliamentary control #expands (0.80) — Mark Blyth, Austerity, 364